Tag: Investment
Carlyle seeks to create AI-native, global, multi-specialty RCM platform
May 5, 2026HME News Staff
WOODBRIDGE, N.J., and AUSTIN, Texas – Investment firm Carlyle has acquired a majority stake in Knack RCM and EqualizeRCM, two U.S. healthcare revenue cycle management providers, to create an artificial intelligence (AI)-native, global, multi-specialty RCM platform.
Equity for the investment will come from investment funds affiliated with Carlyle Asia Partners VI (CAP VI) and Carlyle Asia Partners Growth II (CAPG II).
“The U.S. health care revenue cycle market is growing rapidly,...
McKesson sells stake in Medical-Surgical Solutions
April 29, 2026HME News Staff
IRVING, Texas – McKesson has taken another step toward separating its Medical-Surgical Solutions (MMS) business by selling a minority interest to funds managed by Apollo.
Apollo Funds will invest $1.25 billion in convertible preferred equity of MMS to acquire an approximately 13% minority interest, valuing the business at approximately $13 billion.
“This transaction marks a key milestone in McKesson’s planned separation of MMS,” said Brian Tyler, CEO of McKesson. “We...
Palladium Equity Partners to acquire DME Express
March 23, 2026HME News Staff
NEW YORK and THE WOODLANDS, Texas – Palladium Equity Partners has announced an agreement to acquire a majority equity interest in DME Express, a provider of durable medical equipment (DME) serving hospice providers across the U.S., from WayPoint Capital Partners, which will maintain a minority equity interest.
Palladium, which has more than $3 billion in assets under management, expects to partner with CEO Mark Borneleit and his founding team to continue to lead the business.
"DME...
Mackworth USA receives investment to shore up manufacturing in the US
February 9, 2026HME News Staff
O’FALLON, Mo. - Mackworth USA, a manufacturer of safe patient handling equipment and mobility solutions, has received a significant strategic investment from U.K.-based Prism Healthcare Group. The investment will allow Mackworth USA to establish its own U.S. manufacturing operations, as well as deliver continued innovation across its product portfolio. “This investment represents a powerful moment for American manufacturing,” said Charley Wallace, CEO of Mackworth...
Tennr reimagines referral-based care with $101M boost and launch of coordinated patient network
June 18, 2025HME News Staff
NEW YORK – Tennr has announced a $101 million Series C led by IVP, with participation from new and existing investors, including Andreessen Horowitz, Lightspeed, GV, ICONIQ, Foundation Capital, and Frank Slootman.
Tennr has built an orchestration platform and language models designed to automate the labor-intensive workflows of referral-based care.
The company is now launching Tennr Network, a new coordination layer that it says connects referring providers, receiving providers...
Revelstoke recaps AOM Infusion
April 15, 2025HME News Staff
DENVER – Revelstoke Capital Partners, a growth-oriented health care-focused private equity firm, has completed a recapitalization of AOM Infusion, a specialty infusion provider focused on chronic therapy management.
AOM Infusion provides patients with intravenous immunoglobulin, biologics and other therapies, addressing more than 80 different chronic conditions, with long-term treatment administered by skilled infusion nurses. The company also provides support services, including skilled...
Notable Systems adds $12M investment
April 1, 2025HME News Staff
DENVER - Notable Systems has announced a $12 million growth investment led by Harbert Growth Partners and Grotech Ventures.
The funding will fuel the continued expansion of the company’s technology and go-to-market teams as it scales to meet growing demand across the health care industry.
"Notable Systems is solving a massive and expensive problem in the health care system with extraordinary precision and performance," said Tom Roberts, general partner at Harbert...
PE firms invest in Soleo Health
February 4, 2025HME News Staff
FRISCO, Texas – Court Square Capital Partners and WindRose Health Investors have announced the closing of a jointly controlled investment in Soleo Health.
Court Square and WindRose have partnered with Drew Walk, co-founder and CEO, and Craig Vollmer, co-founder and chief commercial officer, to recapitalize the business and provide additional capital to support future growth.
“We are thrilled to partner with WindRose and Court Square on the next phase of our growth strategy,”...
Inogen accelerates entry in China
January 27, 2025HME News Staff
GOLETA, Calif. – Inogen has entered into a strategic collaboration with Jiangsu Yutue Medical Equipment & Supply Co. (Yuwell) to broaden its product portfolio through distribution of certain respiratory products in the United States, expand and enhance its innovation pipeline through joint R&D efforts and accelerate its entry into the Chinese market.
As part of the collab, Yuwell, which generated more than $1 billion in revenue in 2023, has also agreed to invest about $27.2 million...
Nymbl wants to be at ‘core’ of business
January 17, 2025Liz Beaulieu, Editor
COLUMBUS, Ohio – Nymbl Systems is ready to scale significantly in 2025 with a new investment and a sharp focus on building out its team and business management solution.
The company announced in December that it received an equity investment from Charlotte-based Frontier Growth, which specializes in supporting vertical software-as-a-service companies. Frontier’s portfolio also includes AxisCare, a Waco, Texas-based software solution for non-medical home care companies.
“One...