KMF Investments Recapitalizes Lineus Medical

Medallia Recapitalization and Ownership Transition Led by Blackstone, Apollo, and FS KKR

June 19, 2026

Cloud & SaaS

Medallia entered into a recapitalization agreement with its lenders that will reduce outstanding debt and provide $150 million of new capital. Upon completion, Medallia’s ownership will transition from Thoma Bravo to an investor group led by Blackstone, Apollo, and FS KKR Capital Corp.

Recap Financial Ventures Acquires Majority Interest in Lineage Financial Network (Lineage Bank)

March 19, 2026

Financial Services

Recap Financial Ventures, LLC completed its acquisition of a majority interest in Lineage Financial Network, Inc., the bank holding company for Lineage Bank. The investment recapitalizes the institution, with Recap Financial Ventures raising more than $30 million from local investors to fund a preferred stock purchase, immediate capital infusion, and future growth needs.

Fresenius Kabi Acquires Ivenix

March 31, 2022

Medical Devices

Ivenix, Inc. has entered into a definitive agreement to be acquired by Fresenius Kabi for an upfront payment of $240 million plus additional milestone payments. The deal brings Ivenix's next-generation infusion pump technology and software together with Fresenius Kabi's IV fluids and infusion therapy portfolio to create a comprehensive infusion offering and accelerate U.S. commercial expansion.

Lincolnshire Management and VSS Capital Partners Recapitalize Barrier Companies

April 28, 2021

Industrial Services

Lincolnshire Management and VSS Capital Partners completed a recapitalization of Barrier Companies, a Lenexa, Kansas-based provider of fire and life safety (FLS) and containment services. Barrier's management (Kirk Kaiser, Jaye Sieland and Michael Haverty) reinvested and retained significant equity while the new capital will support accelerated organic growth and an add-on acquisition strategy.

Altaris Capital Partners Acquires Kindeva Drug Delivery from 3M

May 1, 2020

Medical Devices

Altaris Capital Partners has acquired Kindeva Drug Delivery L.P. (formerly 3M Drug Delivery Systems) from 3M Company for $650 million in a corporate carve-out transaction. Monroe Capital provided financing and an equity co-investment to support the deal, and 3M will retain a minority interest alongside Altaris as Kindeva operates independently to pursue growth and capital investments.

Court Square Capital Recapitalizes Medical Knowledge Group

January 8, 2020

Healthcare Services

Investment funds managed by Court Square Capital Partners completed a recapitalization of Medical Knowledge Group, a New York–based analytics-driven commercialization and multi-channel marketing solutions provider to biopharmaceutical companies. The transaction provides Medical Knowledge Group’s management with additional resources to pursue growth initiatives; WindRose Health Investors, the prior majority sponsor, facilitated the sale as part of an investor exit.