01Mar2021
Altaris Capital Partners to Acquire Prescription Pharmaceuticals Business from Perrigo
New York—Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”) announced today that it has entered into an agreement to acquire the prescription pharmaceuticals business (“Rx”) of Perrigo Company plc (NYSE; TASE: PRGO) for total consideration equal to approximately $1.55…
03Feb2021
Minnetronix Medical Announces Recapitalization with Altaris Capital Partners
Saint Paul, MN—Minnetronix Medical, Inc. a leading medical technology and operations partner to global medical device companies, announced today a majority recapitalization with Altaris Capital Partners, LLC. Altaris, an investment firm focused on the healthcare industry, actively manages $4.9 billion…
25Jan2021
Kindeva Appoints Shawn Cavanagh to Board of Directors
Kindeva Drug Delivery (Kindeva) announced that Shawn Cavanagh has joined Kindeva’s Board of Directors. The appointment of Mr. Cavanagh is effective as of January 1, 2021. Mr. Cavanagh, with over 30 years of experience in the pharmaceutical services industry, will…
13Jan2021
HealthTronics Names Bill Linder New CEO
HealthTronics has named Bill Linder its new Chief Executive Officer. Linder was formerly President of Development for Surgical Care Affiliates (SCA), a leader in outpatient surgical care with more than 230 ambulatory surgery centers across the U.S. At SCA, he…
24Dec2020
Altaris Announces CSafe Global Recapitalization
New York, NY—Altaris Capital Partners, LLC (“Altaris”) is pleased to announce the recapitalization of CSafe Global (“CSafe”, or the “Company”) with an investor group, including funds managed by Frazier Healthcare Partners. As part of the transaction, Altaris will continue to…
09Dec2020
Tivity Health Completes Divestiture of Nutrition Business
Company Focused on Core Healthcare Business, Strategic Growth Opportunities. Nashville, TN/PRNewswire—Tivity Health (Nasdaq: TVTY) announced today that it has completed the divestiture of its Nutrition Business, which includes Nutrisystem® and South Beach Diet®, to Kainos Capital, a leading food and…
01Dec2020
Kindeva and BOL Pharma Sign Agreement for Development of Inhaled Cannabinoid Products
St. Paul, MN–Kindeva Drug Delivery (Kindeva) and Breath of Life International (BOL Pharma or BOL) have signed an agreement to study the feasibility of multiple inhaled cannabinoid products. Under the agreement, Kindeva will develop novel formulations of BOL Pharma’s cannabinoidbased…
01Dec2020
Paramit Corporation Acquires Emphysys, Inc.
New York, NY—Paramit Corporation, a portfolio company of Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”), has acquired Emphysys, Inc., a leading technology development firm specializing in complex systems and products for the medical device, life sciences, and industrial…
29Oct2020
SilverSneakers Supports Senior Fitness by Opening its On-Demand Library
Nashville, TN/PRNewswire—Tivity Health® Inc. (Nasdaq: TVTY), a leading provider of health improvement solutions, is now offering free, unlimited access to the entire SilverSneakers® On-Demand™ library through December 31, courtesy of eHealth, Inc., a leading online Medicare insurance marketplace. SilverSneakers provides…
26Oct2020
Paramit Corporation Expands Operations to Three Continents with Acquisition of S.I.E SOLUTIONS
Morgan Hill, CA—Paramit Corporation announced today that as part of its planned strategic expansion into Europe, it has agreed to acquire Austrian-based S.I.E. SOLUTIONS. Paramit, headquartered in Silicon Valley with operations in California and Malaysia, designs and manufactures electronics based…
26Oct2020
CSafe Global Expands Further into Latin America with New Hub Operation in Mexico City
CSafe Global has contracted with AAACESA in Mexico City to provide containers locally. Dayton, OH—CSafe Global, the innovation leader in temperature-controlled container solutions for the transport of life-enhancing pharmaceuticals, continues expanding their global reach and local presence opening of a…
20Oct2020
Minnetronix Medical Awarded National Institutes of Health Grant for Proprietary Neurapheresis Product that Removes Blood from Spinal Fluid
Saint Paul, MN—Minnetronix Medical, which partners with companies throughout the world to design, develop and manufacture medical device technology, today announced that it has been awarded a National Institutes of Health (NIH) granti for continued study of its proprietary Neurapheresis™…