DUDERSTADT, Germany – Ottobock has attracted interest from private equity firms, including KKR and CVC, according to Reuters. The firms are looking for a 20% stake in the company core business of making artificial limbs.
CHARLOTTE, N.C. – Capitala Finance Corp. has exited its investment in Medical Depot, doing business as Drive Medical, netting a realized gain of about $5 million with a cumulative cash-on-cash return of 4.7x, it has announced.
LENEXA, Kan. – Mediware CEO Thomas Mann believes a new investor will help the company transition its HME and home infusion customers to CareTend and help it further build out the business management software.
BATON ROUGE, La. – DME Express, a DME provider to hospice and nursing facilities in the Southeast, has secured an undisclosed amount of growth equity financing from WayPoint Capital Partners, it announced Dec. 19.