Tag: Practice management
Grant Thornton gets major PE stake from New Mountain Capital
Private equity firm New Mountain Capital LLC is taking a majority stake in Top 10 Firm Grant Thornton LLP in the biggest deal to...
Private equity ownership in radiology rises, with investors holding dominant position...
Abdelhadi et al. pinpointed practices acquired by PE between 2012 and 2021 using databases from Irving Levin Associates and Pitchbook. They supplemented the analysis...
Radiology Partners raises $720M in ‘growth equity’—more than double its target
The debt swaps include exchanging Rad Partners’ senior unsecured notes (due in 2028) for new second lien notes (now due in 2030). Last month,...
Private equity returns plummet to lowest levels seen since 2009
Private equity funds returned the lowest amount of cash to investors in a single year since the Great Recession hit 15 years ago, according...
PE firms expand accounting firm investments
Private equity firms are making further inroads in the accounting profession, with two PE-backed firms, Ascend and Springline Advisory, announcing a series of deals.Ascend,...
Private equity-backed Premier Radiology Services acquires rival remote-reading group
“National Radiology Associates has developed an exceptional customer base of some of the most respected orthopedics practices and outpatient imaging centers in the United...
Baker Tilly US gets PE investment
Baker Tilly US LLP is receiving an infusion of funding from a pair of private equity firms, Hellman & Friedman and Valeas Capital Partners,...
PE firm Trinity Hunt Partners forms Springline Advisory with MarksNelson
Trinity Hunt Partners, a Dallas-based private equity firm, is looking to expand its presence in the accounting sector by creating Springline Advisory in partnership...
Private equity-backed radiology provider LucidHealth selects leader to oversee its Midwest...
LucidHealth has selected a leader to oversee its strategy in the Midwest, the private equity-backed radiology provider announced Jan. 8. Daniel Howell, MBA, is...