5th Century Partners Makes Majority Investment in LSL Healthcare
December 15, 2022
5th Century Partners has made a majority investment in LSL Healthcare, a U.S.-based manufacturer of single-use medical devices, IV start kits, surgical procedure kits and hospital supplies. As part of the transaction, new CEO Victor Bridgeman and CFO Colleen Mocko joined LSL's leadership while founder Ash Luthra moves to an advisory role; Kayne Anderson provided debt financing and Kroll served as sell-side advisor.
- Buyers
- 5th Century Partners
- Targets
- LSL Healthcare
- Sellers
- Ash Luthra
- Industry
- Medical Devices
- Location
- Illinois, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
5th Century Partners Acquires Perspecta
February 23, 2023
Healthcare Services
5th Century Partners, a Chicago-based private investment firm, has acquired Perspecta, a Philadelphia-area provider of physician directories and provider data management solutions for workers' compensation, health plans and third-party administrators. The investment will support Perspecta's growth plans — including national sales expansion, product development and enhanced go-to-market capabilities — while management (including CEO Howard Koenig and COO April Stiles) remains in leadership and retains equity.
-
York Private Equity Acquires Healthcare Linen Services Group
April 6, 2022
Healthcare Services
York Private Equity (the private equity arm of York Capital Management) announced a strategic growth investment in Healthcare Linen Services Group (HLSG). The investment will provide capital and expertise to support HLSG's organic growth, M&A-driven expansion and operational investments as the company expands its healthcare linen management footprint across the Midwest and Central United States.
-
LSL Pharma Group Acquires Virage Santé
June 18, 2024
Pharmaceuticals
LSL Pharma Group Inc. (TSXV: LSL) has completed the acquisition of Virage Santé Inc., a Lévis, Quebec-based manufacturer of natural health products, for $2.5 million in cash. The deal includes an 8,000 sq ft manufacturing plant and is expected to expand LSL's contract development and manufacturing capabilities, boosting the group's revenues by an estimated 15-20% and broadening its client base.
-
Linden Capital Partners Acquires LifeStyles Healthcare
December 1, 2022
Consumer Products
Linden Capital Partners has acquired LifeStyles Healthcare, a global sexual health and wellness platform, from a consortium of investors including Trustar Capital and Humanwell Healthcare. The deal excludes LifeStyles' Chinese operations (including the Jissbon brand), which will be retained by the selling shareholders; Linden has named Laurent Faracci as incoming CEO and Ron Fugate as Chairman to drive commercial, brand, and innovation-led growth.
-
CNL Strategic Capital Acquires Majority Stake in Healthcare Safety Holdings LLC
July 17, 2020
Medical Devices
CNL Strategic Capital, LLC has acquired a majority stake in Healthcare Safety Holdings LLC (HSH), a Minnesota-based manufacturer of insulin pen needles, syringes and sharps disposal solutions. The investment adds HSH as the seventh company in CNL Strategic Capital's portfolio and aims to expand the firm's capabilities in diabetes care products and sharps management.
-
Craftsman Capital Partners Acquires Lytle Medical Technologies
January 9, 2024
Healthcare Services
Craftsman Capital Partners has acquired Lytle Medical Technologies (LMT), a white‑glove provider of durable medical equipment rentals that supports at‑home recovery after orthopedic surgery. Angle Advisors served as exclusive advisor to the sellers; founders Andy and Karilyn Lytle remain invested and Karilyn will continue as President as the company scales under Craftsman's ownership.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.