Vesey Street Capital Partners Announces Majority Recapitalization of Inceptua Group
New York-based Vesey Street Capital Partners, LLC announced that funds managed by Vesey Street have completed a majority recapitalization of Inceptua Group. Inceptua Group is a leading provider of clinical trial supplies and related services, as well as global early access programs, with more than 25 years of specialized industry experience. Vesey Street Capital Partners is a strategic private equity manager founded in 2014 that focuses on healthcare services. Since its inception, the firm has deployed approximately $700 million in capital. As part of the transaction, Doug Cook, formerly Executive Vice President and President of Global Commercialization Services and... Read More »
UDLR Healthcare Buys Medical Office Building for $13.5 Million
JLL Capital Markets announced on January 17 that it arranged the $13.5 million sale and the $10.1 million acquisition financing for a medical office building (MOB) in Glendale, Arizona. The buyer was UDLR Healthcare, and the seller was Banner Health. Thunderbird Medical Pavilion is a 92,811-square-foot MOB, whose tenants include imaging, cardiovascular surgery specialists, general surgery specialists, ear nose and throat physicians and obstetrics/gynecology providers. It is 50% leased with more than 7 years of remaining lease term. Focused on investing in MOBs, UDLR Healthcare is a partnership between GI Partners and a team of former executives from Healthcare Trust of... Read More »
Aya Healthcare Acquires U.K.-Based ID Medical
Aya Healthcare announced on January 16 the acquisition of ID Medical, a leading workforce solutions provider in the United Kingdom. Since 2002, ID Medical has been providing the National Health Service (NHS) and other healthcare organizations with workforce solutions, including workforce management, international recruitment and temporary healthcare staffing. Aya Healthcare is the largest healthcare talent software and staffing company in the United States. The company delivers every component of healthcare-focused labor services, including travel nursing and allied health, per diem, permanent staff hiring, interim leadership, locum tenens and non-clinical professionals. ... Read More »
Zello Enters U.K. Market With Acquisition of Business Health
During the long weekend, Zello announced the purchase of Business Health Limited, marking its first U.K. acquisition. Launched in 2008, Business Health Limited is a provider of occupational healthcare services in the United Kingdom, servicing both local and global clients in manufacturing, civil services, financial, legal, HR and educational industries. Headquartered in the United Arab Emirates, Zello is a global health services and technology innovator specializing in monitoring the health and well-being of both clients’ people and operations. Zello delivers solutions to create healthier employees, safer workplaces and more productive workplaces through performance solutions... Read More »
