New Capital Partners and OSF Ventures Invest in DotCom Therapy

New Capital Partners Invests in TeleHealth Solution

April 1, 2020

Healthcare Services

New Capital Partners (NCP) completed a growth investment in TeleHealth Solution (THS), a Charlotte-based provider of turnkey telemedicine technology and virtual physician services for hospitals and senior-living/post-acute settings. B. Riley FBR served as financial advisor to THS; the capital will be used to support a nationwide rollout, regionalize staffing, invest in infrastructure, and accelerate sales, marketing and product development.

DotCom Therapy Acquires Wolf+Friends

June 8, 2022

Healthcare Services

DotCom Therapy has acquired Wolf+Friends, a community platform that connects parents raising children with special needs. The deal will relaunch the Wolf+Friends mobile app with new features and integrate DotCom Therapy’s clinical expertise and resources while keeping Wolf+Friends as an independent brand with its founders remaining as advisors.

NewSpring Invests in InHome Therapy

October 8, 2021

Healthcare Services

NewSpring Healthcare, the dedicated healthcare strategy of private equity firm NewSpring, has made a growth investment in InHome Therapy to support the company's HTaaS platform and nationwide expansion. The investment will help scale InHome Therapy’s Home Therapy-as-a-Service model and support its recently acquired businesses (TNR Staffing LLC and Continuum Rehabilitation LLC).

KKR Acquires Majority Interest in Therapy Brands

April 7, 2021

Software

KKR has agreed to acquire a majority interest in Therapy Brands, a Birmingham-based practice management and EHR software platform for mental, behavioral and rehabilitation healthcare providers. Existing investor PSG will remain a minority shareholder, and sellers include investment funds affiliated with Lightyear Capital, Oak HC/FT and Greater Sum Ventures; financial terms were not disclosed.

Lee Equity Partners Invests in Therapy Partner Solutions

January 14, 2022

Healthcare Services

Funds managed by Lee Equity Partners have invested in Therapy Partner Solutions (TPS), a Jacksonville-area physical therapy platform that operates approximately 60 owned and managed care sites across eight states and provides management, staffing, revenue cycle and compliance services. The TPS senior management team and existing investor Walnut Grove Capital Partners retained meaningful equity; financial terms were not disclosed.

BPOC Invests in Alliance Physical Therapy Partners

December 22, 2021

Healthcare Services

BPOC, a Chicago-based healthcare-focused private equity firm, has made a strategic growth investment in Alliance Physical Therapy Partners, a national operator of outpatient physical therapy clinics. Alliance operates 90+ clinics across 14 states with 450+ licensed clinicians and will partner with BPOC and management to accelerate network growth and expand services; financial terms were not disclosed.