Innovative Renal Care (Nautic Partners) to Acquire American Renal Associates

Nautic Partners Acquires Angels of Care from Varsity Healthcare Partners

February 13, 2024

Healthcare Services

Nautic Partners has completed the acquisition of Angels of Care, a McKinney, Texas–headquartered provider of pediatric home health services, from Varsity Healthcare Partners. Terms were not disclosed; Varsity Healthcare Partners had acquired a majority stake in April 2019 and helped expand Angels of Care’s service footprint from two states to seven, making it one of the largest pediatric home-health providers in the U.S.

Pharos Capital Invests in Renal Care 360°

September 1, 2022

Healthcare Services

Pharos Capital Group made a significant growth investment in Renal Care 360°, a nephrology practice and chronic kidney disease management company led by founder Joe Cashia. The capital (terms undisclosed) will support scaling the RC360° Connected Care Program, geographic expansion through acquisitions, and development of value-based care capabilities while Mr. Cashia remains Chairman and CEO.

Arsenal Capital Partners Acquires Innovative Products & Equipment

August 23, 2022

Industrial Services

Arsenal Capital Partners has acquired Innovative Products & Equipment and will combine it with portfolio company Eckhart to build a leading automation solutions provider serving medical device and life sciences customers. Terms were not disclosed; Innovative is headquartered in Hudson, New Hampshire and will expand Eckhart's Factory of the Future and advanced automation capabilities.

Integrated Rehab Consultants Acquires National Health Rehabilitation

October 26, 2021

Healthcare Services

Integrated Rehab Consultants (IRC), a portfolio company of Webster Equity Partners, has acquired National Health Rehabilitation (NHR), a national physiatry practice founded by Drs. Nitin Putcha and Amishi Dharia. The add-on strengthens IRC’s physiatry services in skilled nursing facilities and hospitals and increases geographic density—particularly in the Northeast—across IRC’s national footprint.

Carrick Capital Partners Invests in Renalogic (Growth Recapitalization)

March 3, 2021

Healthcare Services

Carrick Capital Partners has made a growth recapitalization investment in Renalogic, a provider of dialysis risk management and chronic kidney disease (CKD) cost-containment solutions. The investment will support Renalogic's expansion of services — including its predictive analytics/AI platform CareINSIGHTS.ai — to scale support for self-funded employers, health plans and stop-loss carriers.

Investor Group Led by Chris Brengard and Management (with Bain, Summit, Revelstoke, Mark Caputo) Acquires U.S. Renal Care

February 13, 2019

Healthcare Services

U.S. Renal Care, a Plano, Texas-based provider of dialysis services, entered into a definitive agreement to be acquired by a private investor group led by CEO Chris Brengard and the U.S. Renal management team alongside Bain Capital Private Equity, Summit Partners, Revelstoke Capital Partners, and investor Mark Caputo. The management team will remain significant investors; financial terms were not disclosed and the transaction remains subject to customary closing conditions and regulatory approvals.