AnewHealth Acquires HomeFree Pharmacy Services; Vistria Group Takes Minority Stake

The Vistria Group Acquires Professional Health Care Network (PHCN) from Serent Capital

March 30, 2022

Healthcare Services

The Vistria Group has made a majority investment in Professional Health Care Network (PHCN), acquiring the Phoenix-based home health care management services platform from Serent Capital. PHCN partners with health plans and providers across the western U.S. to expand access to home-based clinical care (supporting over 950,000 lives); Vistria said the investment will help scale PHCN's network, accelerate value-based care initiatives, and expand home health capabilities.

The Vistria Group Acquires BioCare, Inc.

November 8, 2021

Healthcare Services

The Vistria Group has acquired BioCare, Inc., a Tempe-based specialty pharmaceutical distributor, specialty pharmacy and pharmaceutical logistics provider. The deal is Vistria’s first investment from its $2.68 billion Fund IV and aims to support BioCare’s growth — both organically and via acquisitions — to expand access to therapies for rare and orphan diseases.

Vistria Group Acquires Mission Healthcare from HCAP Partners

December 16, 2020

Healthcare Services

Chicago-based private investment firm Vistria Group has acquired Mission Healthcare, a San Diego-based home health and hospice provider, in a transaction that represents an exit for HCAP Partners. Vistria’s investment will support Mission Healthcare’s continued growth across Southern California and other markets; terms were not disclosed.

Centerbridge Partners and The Vistria Group Acquire Help at Home from Wellspring Capital

November 13, 2020

Healthcare Services

Centerbridge Partners and The Vistria Group have acquired Help at Home, a Chicago-based provider of in-home and community-based care operating in 13 U.S. states. Wellspring Capital sold the company but will remain a minority investor; the buyers plan to support Help at Home’s next phase of growth and expand access to its services across its footprint.

General Atlantic Acquires Majority Stake in CareMetx; Vistria Reinvests

January 14, 2021

Healthcare Services

General Atlantic has entered a strategic growth partnership to become the majority owner of CareMetx, a Bethesda-based technology-enabled hub services company that supports patient access to specialty medications. Existing majority shareholder The Vistria Group is reinvesting and Marty Nesbitt (Vistria) will serve as CareMetx chairman; financial terms were not disclosed.

The Vistria Group, Nautic Partners and General Atlantic Acquire PANTHERx Rare

July 26, 2022

Healthcare Services

An investor consortium led by The Vistria Group, with Nautic Partners and General Atlantic, completed the acquisition of PANTHERx Rare, a Pittsburgh-based specialty pharmacy focused on rare and orphan diseases, closing on July 14, 2022. Following the close, Vistria Senior Operating Partner Nick Loporcaro was appointed Chairman of PANTHERx's board; the deal expands the buyers' capabilities in pharma services and rare-disease specialty pharmacy.