Apollo Care Closes Minority Investment from Flexpoint Ford
Deal News | Jan 07, 2025 | TT Capital Partners LLC
Healthcare M&A Weekly by TT Capital Partners provides an overview of significant mergers, acquisitions, and investments in the healthcare sector as of January 7, 2025. Among the highlighted transactions are Apollo Care's minority equity investment from Flexpoint Ford, aimed at enhancing their technology and innovation platforms. Ardent Health's acquisition of 18 urgent care clinics from NextCare and the joining of Associated Urologists with Solaris Health underscore the dynamic shifts across the healthcare landscape. Aurora Capital's acquisition of Vitality Labs underscores investment in personalized wellness solutions, while NeueHealth's $1.3B acquisition by New Enterprise Associates marks significant movement within the healthcare sector's financial value chain. The acquisitions and partnerships indicate an ongoing trend of consolidation and strategic expansions aimed at enhancing patient experiences, expanding market reach, and integrating technological solutions across healthcare verticals. This summary is a snapshot of the evolving interplays between healthcare technology, service innovation, and investment strategies.
Sectors
- Healthcare
- Private Equity
- Technology
Geography
- United States – Many companies and transactions mentioned in the article involve US-based entities or impact the healthcare market within the United States.
- Global – Certain companies, such as WuXi AppTec, have operations and transactions that span multiple countries, indicating a global reach.
Industry
- Healthcare – The article focuses on transactions involving companies within the healthcare sector, including healthcare services, healthcare technology, and wellness solutions.
- Private Equity – Several deals involve private equity firms making strategic investments and acquisitions in healthcare companies, highlighting the role of financial backers in healthcare M&A.
- Technology – A recurring theme in the article is the integration of technology in healthcare solutions, platforms, and services, making it a key industry classification.
Financials
- $1.3B – The enterprise value of NeueHealth in its acquisition by New Enterprise Associates.
- Approximately $16.5B – The enterprise value for which Catalent was acquired by Novo Holdings.
- $205M – The cash transaction amount for USANA Health Sciences' acquisition of a controlling stake in Hiya Health Products.
- $150M – Estimated value of the transaction between Hamershlag Private Capital Management and Patho Care.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TT Capital Partners | Financial Advisor | Company | A private equity firm focusing on healthcare investments and transactions. |
| Apollo Care | Target Company | Company | A provider of patient access and commercial solutions in healthcare. |
| Flexpoint Ford | Investor | Company | A private equity firm investing in healthcare innovation at Apollo Care. |
| Ardent Health | Acquirer | Company | A healthcare services provider that acquired urgent care clinics. |
| NextCare Urgent Care | Vendor | Company | A health service provider from which Ardent Health acquired clinics. |
| NeueHealth | Target Company | Company | A healthcare provider set to be acquired by New Enterprise Associates. |
| New Enterprise Associates | Acquirer | Company | A venture capital firm involved in acquiring NeueHealth. |