Bain Capital Double Impact Acquires Controlling Stake in ConvenientMD

Bain Capital Double Impact Invests in Multi-Specialty HealthCare

January 25, 2021

Healthcare Services

Bain Capital Double Impact provided a growth investment in Multi-Specialty HealthCare to support the founder-led outpatient post-traumatic injury care and physical rehabilitation provider’s expansion into new regions. Financial terms were not disclosed; the partnership aims to scale the company’s patient-centric, multidisciplinary model across the Baltimore–Washington and Delmarva markets and beyond.

Bain Capital Double Impact Acquires HealthDrive from Riverside Partners

January 3, 2019

Healthcare Services

Bain Capital Double Impact has acquired HealthDrive, a national provider of on-site dentistry, optometry, podiatry, and audiology services to long-term care, skilled nursing, and assisted living residents, from Riverside Partners. The acquisition will support HealthDrive's expansion of services and geographic reach as it continues to serve residents in over 2,000 facilities nationwide; financial terms were not disclosed.

MedStar Health Acquires Righttime Medical Care

January 20, 2021

Healthcare Services

MedStar Health has acquired Righttime Medical Care, an operator of 19 urgent care centers (including HeadFirst sports injury and concussion clinics), from existing shareholders, enabling MedStar to roughly double the size of its urgent care operation. The transaction marks Seacoast Capital's exit from a non-control growth investment it made in Righttime in 2015 after the company grew revenue ~16% and EBITDA ~157% during the investment period.

Bain Capital Double Impact Acquires Majority Stake in Hand in Hand

April 7, 2021

Consumer Products

Bain Capital Double Impact has invested in Hand in Hand, a purpose-driven personal care brand, taking a majority stake to support growth. The investment will be used to expand distribution, accelerate new product development, and amplify the brand’s sustainability and social-impact initiatives.

Bain Capital Private Equity Takes Majority Stake in InnovaCare Health

November 19, 2021

Healthcare Services

Bain Capital Private Equity has signed a definitive agreement to acquire a majority stake in InnovaCare Health, a regional leader in integrated and value-based healthcare services. The investment will support InnovaCare's national expansion and accelerate growth of its physician-led, value-based care model; Summit Partners will remain an equity holder and management will retain significant ownership.

HCA Healthcare Acquires MD Now Urgent Care

January 5, 2022

Healthcare Services

HCA Healthcare has acquired MD Now Urgent Care, a Florida-based network of 59 urgent care centers, from private equity owners including Brentwood Associates and Blue Sea Capital. The deal, completed at the end of 2021, expands HCA's ambulatory and urgent care footprint in Florida and connects MD Now patients to HCA's statewide hospital and specialty care network.