Genstar Capital Recapitalizes ConnectiveRx with Minority Investments from Harvest Partners, Blackstone and KKR
March 10, 2020
Genstar Capital completed a recapitalization of its portfolio company ConnectiveRx, retaining majority ownership while admitting funds managed by Harvest Partners SCF, LP and Blackstone Tactical Opportunities as minority investors. The transaction also included a refinancing of the company’s credit facility led by KKR Capital Markets and provides ConnectiveRx enhanced financial flexibility to support continued product innovation and growth.
- Buyers
- Genstar Capital, Harvest Partners SCF, LP, Blackstone Tactical Opportunities, KKR (entities managed by KKR)
- Targets
- ConnectiveRx
- Industry
- Healthcare Services
- Location
- New Jersey, United States
- Transaction Type
- Recapitalization
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