Recent News

Altaris Announces Sale of BK Medical

New York, NY—Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”) announced today that it has entered into an agreement to sell BK Medical to General Electric (“GE”) (NYSE:GE) for a cash purchase price of $1.45 billion. The transaction is expected…

Altaris Closes Sale of Paramit

New York, NY—Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”) announced today that it has completed the sale of Paramit to the Tecan Group (SIX Swiss Exchange: TECN) for total upfront consideration of $1.0 billion. Headquartered in Morgan Hill, CA,…

Altaris Acquires Padagis from Perrigo

New York, NY—Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”) announced today that it has completed the acquisition of Padagis LLC (“Padagis”), formerly the generic prescription pharmaceuticals business of Perrigo Company plc (NYSE; TASE: PRGO), for total consideration equal…

Altaris Appoints Tim Callahan, Shawn Cavanagh and Rafael Torres as Operating Partners

New York, NY–Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”) is pleased to announce the appointment of Tim Callahan, Shawn Cavanagh and Rafael Torres as Operating Partners. Messrs. Callahan, Cavanagh and Torres bring a broad range of experience across…

Tivity Health Prices New Senior Secured Credit Facilities in Significantly Oversubscribed Transaction, Increasing Financial Flexibility

Nashville, TN/PRNewswire—Tivity Health, Inc. (Nasdaq: TVTY) (the “Company”), a leading provider of healthy life-changing solutions, including SilverSneakers®, today announced the pricing of a $400 million senior secured term loan B facility (the “term facility”) and a $100 million senior secured…

Altaris Announces Sale of Paramit

New York, NY—Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”) announced today that it has entered into an agreement to sell Paramit Corporation (“Paramit”) to The Tecan Group (SIX Swiss Exchange: TECN) for a total consideration of $1.0 billion….

Trean Insurance Group Promotes Julie Baron to President and Chief Operating Officer and Nicholas Vassallo to Chief Financial Officer

Wayzata, MN/(Globe Newswire)—Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it is promoting Chief Financial Officer Julie Baron to the new position of President and Chief Operating…

Kindeva Drug Delivery Announces Collaboration with Monash University to Study Sustainable Propellants

Loughborough, U.K.—Kindeva Drug Delivery L.P. (Kindeva) has announced a collaboration with Monash University (Monash) to study alternative propellants for pressurized metered-dose inhalers (pMDIs) and develop more sustainable pMDI products. The collaboration will be jointly funded by Kindeva, Monash, and the…

Perimeter Medical Imaging AI partners with Minnetronix for Successful Tech Transfer of Optical Coherence Tomography Imaging Systems for Cancer Surgery.

Toronto/(Business Wire)—Perimeter Medical Imaging AI, Inc. (TSX-V:PINK)(OTC:PYNKF) (FSE:4PC) (“Perimeter” or the “Company”), a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs, today announced that it has successfully completed…

Altaris Completes Partnership with Michelin and Acquires Majority Stake in Solesis

New York, NY—Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”) announced today that it has completed the acquisition of a 51% stake in Solesis LLC (“Solesis”) from Michelin. As part of the transaction, Michelin retained a 49% stake in Solesis,…

Kindeva Drug Delivery Announces Knowledge Transfer Partnership with Loughborough University to Study Sustainable Propellants

Loughborough, U.K.—Kindeva Drug Delivery L.P. (Kindeva) has announced a Knowledge Transfer Partnership (KTP) with Loughborough University to develop more sustainable alternative propellants for inhaled drug products. The KTP is jointly funded by Kindeva and UKRI (United Kingdom Research and Innovation)…

Trean Insurance Group Prices Secondary Offering of Common Stock

Wayzata, MN—(GLOBE NEWSWIRE)—Trean Insurance Group, Inc. (Nasdaq:TIG) (“Trean”) today announced the pricing of a secondary offering of 5,000,000 shares of Trean common stock at a price of $14.00 per share. The offering is expected to close on May 24, 2021,…