CROs dMed and Clinipace Merge to Accelerate Customer Success

April 28, 2021 – SHANGHAI and MORRISVILLE, N.C., April 28, 2021 /PRNewswire/ — dMed Global, a full-service Clinical Contract Research Organization (CRO) based in Shanghai, China, and Clinipace Incorporated, a full-service Clinical CRO with headquarters in North Carolina, USA, announced today that the two companies will merge. This merger will meet the needs of fast-moving biotech, pharma and medical device companies, and accelerate the delivery of innovative … Read More

Petra Capital Highlighted as a Leader of the Nashville Healthcare Economy

April 12, 2021 – Nashville Is The Health Services Capital – Here’s Why This Explosively Growing Region Is More Than Music City USA by Bill Frist, Forbes Contributor “Over the past decade there has been an explosion in new health service companies founded and grown in Nashville. Nashville startups have gone on to become disruptors and industry leaders, including … Read More

Petra Makes New Investment in Aging With Comfort

April 6, 2021 – Petra Capital Partners, Capital Alignment Partners, NewSpring, and Tecum Capital announced today that the SBIC capital syndicate, in partnership with Silver Palm Capital Healthcare Partners, have acquired Aging With Comfort, a Philadelphia-based home care agency that provides personal care assistance for elderly and disabled clients. Aging With Comfort’s in-home care team works with clients’ families … Read More

General Atlantic Leads a Recapitalization of CareMetx

January 15, 2021 – Petra is pleased to announce the recapitalization of CareMetx (or the “Company”), a leading technology-enabled hub services company improving patient access to specialty medications. General Atlantic, a global growth equity firm, and The Vistria Group, a Chicago-based private investment firm led the recapitalization. With the transaction, Petra is exiting its position and General Atlantic will … Read More

Ascension Saint Thomas Partners with Urgent Team

November 5, 2020 – Ascension Saint Thomas will partner with Urgent Team Family of Urgent Care & Walk-In Centers to rebrand care centers throughout Middle Tennessee, expanding affordable health services in the area and creating new opportunities for the hospital to attract patients. The joint venture begins in December and will brand 14 urgent care locations with the Saint … Read More

The Petra Team is Growing!

September 15, 2020 – Nashville, TN  – Petra Capital Partners (www.petracapital.com) is pleased to announce the addition of two new members to its investment team. Carter Owen joined the team as Petra’s new Director of Business Development while Sean Murphy joined Petra Capital Partners as a Senior Associate. Carter joins Petra after origination experience with Gemini Investors, a lower … Read More

Petra Exits Remita Health

September 15, 2020 – Petra Capital Partners is pleased to announce the sale of Remita Health, a hospice provider in Arizona, California and Nevada, to Bristol Hospice, a leading hospice provider with 35 locations in 10 states backed by Webster Capital. The combined companies remain committed to providing compassionate hospice and palliative care to those facing terminal illness. Petra … Read More

Apple Losing Wireless Earbuds Market Share

August 31, 2020 – Apple Losing Wireless Earbuds Market Share Even as AirPods Sales Grow By Vlad Savov and Sohee Kim August 27, 2020, 12:18 AM CDT • AirPods maker is projected to sell 82 million pairs this year • Wider market growing even faster, driven by cheaper models Apple Inc. will likely boost sales of its AirPods range … Read More

Bionano Genomics Acquires Diagnostics Services Provider Lineagen, Inc.

August 24, 2020 – SAN DIEGO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (Nasdaq: BNGO) today announced that it has acquired Lineagen Inc., a Salt Lake City, Utah based genetic diagnostic company, further supporting our market leadership in digital cytogenetics and comprehensive genetic diagnostics for pediatric neurodevelopmental disorders. Bionano aims to revolutionize clinical genome testing and genomics … Read More

Three Oaks Hospice Cares for More Patients Through Series of Acquisitions

June 26, 2020 – Growth fueled by strategic expansion of Texas footprint and entrance into three new states DALLAS–(BUSINESS WIRE)–Three Oaks Hospice, a growing hospice and palliative care company, announced today it has successfully completed four acquisitions since its launch in May 2019 and is poised for continued expansion into additional markets throughout 2020. The growing Three Oaks Hospice … Read More

Stewart Information Services Acquires United States Appraisals

June 25, 2020 – HOUSTON, TX (June 4, 2020) – Stewart Information Services Corporation (NYSE:STC) announced today its acquisition of United States Appraisals, a move that strengthens Stewart’s digital real estate services offering in appraisal and valuation management. This move enhances Stewart’s existing title insurance, settlement services, appraisal/valuation, and other real estate services for lenders, consumer banks, investors and … Read More

Petra Capital Partners Completed Fundraising on $208 Million Petra Growth Fund IV

June 10, 2020 – June 4, 2020 — Petra Capital Partners, based in Nashville, is pleased to announce it has completed fundraising on Petra Growth Fund IV (“PGF IV”) with $208 million of capital available to invest. The fund targets healthcare, business, and technology-enabled services companies and is structured as a small business investment company (SBIC) licensed by the … Read More