BlackRock LTPC Acquires Majority Stake in Transaction Data Systems from GTCR

BlackRock LTPC Acquires Majority Stake in Paradigm Oral Health

September 22, 2022

Healthcare Services

BlackRock Long Term Private Capital (LTPC) has entered into a definitive agreement to acquire a majority interest in Paradigm Oral Health from shareholders including InTandem Capital Partners. The investment will partner with Paradigm's executive team, led by founder and CEO Dr. David Rallis, to support platform expansion, technology adoption and continued growth of the company's oral surgery and digital dentistry platform.

BlackRock LTPC Acquires Majority Stake in Summit Companies

September 20, 2021

Industrial Services

BlackRock Long Term Private Capital (LTPC) acquired a majority interest in Summit Companies, a national fire and life safety services provider, from CI Capital Partners. LTPC will partner with Summit's management to scale capabilities and expand the company's geographic footprint across the Midwest, South and Southwest.

BlackRock LTPC Acquires Majority Stake in Alacrity Solutions from Kohlberg

February 2, 2023

Insurance

BlackRock Alternatives' Long Term Private Capital (LTPC) has acquired a majority interest in Alacrity Solutions, a Fishers, Indiana-based provider of outsourced insurance claims management services. Kohlberg & Company and Alacrity's management retain significant minority stakes; the investment is intended to support Alacrity's continued growth and capability expansion across its claims lifecycle services.

BlackRock LTPC Acquires Aquila Heywood

February 12, 2021

Software

BlackRock Long Term Private Capital (LTPC) has reached an agreement to acquire Aquila Heywood, a UK market leader in pensions administration software and services. The existing management team led by CEO Andy Ross will remain in place, and BlackRock LTPC says the investment will support further product development, technology investment and growth of the business; terms were not disclosed.

Transaction Data Systems Acquires PrescribeWellness from Tabula Rasa HealthCare

August 1, 2022

Healthcare Services

Transaction Data Systems (TDS) completed the acquisition of PrescribeWellness from Tabula Rasa HealthCare in a transaction reported at $140 million. The deal expands TDS's pharmacy software and patient-engagement capabilities—bringing PrescribeWellness's adherence, vaccination and patient-communication tools across TDS's large independent pharmacy base (serving more than 15,000 pharmacies).

LDC Invests £18m Minority Stake in TMC Pharma Services

August 24, 2022

Healthcare Services

LDC has made an £18m minority growth investment in TMC Pharma Services to back the company’s international expansion and capability build-out. The capital will support TMC’s plans to expand into the US and Asia, double its number of full-time employees over the next five years and open new offices in key markets.