Bain Capital Private Equity has announced it will acquire PartsSource from Great Hill Partners. PartsSource, based in Aurora, Ohio, is an online marketplace for medical equipment maintenance parts and services. Founded in 2001, the company states that it supports 3,000 member hospitals and more than 15,000 clinical sites. Bain Capital Private Equity, based in Boston, focuses on making control and minority equity investments and prefers to make more substantial investments from a dollars…

HealthEdge Investment Partners has announced it has invested in Today’s Dental Network Today’s Dental Network (TDN) is a multi-specialty concierge dental practice network and support organization supporting clinical practices offering general dentistry, periodontics, orthodontics, oral surgery and a dental lab for permanent and removable fixtures through 17 locations serving Southwest Florida. HealthEdge Investment Partners, based in Tampa, Fla., makes control and minority equity investments exclusively in healthcare industry. Founded in 2005, the firm has…

Avesi Partners has announced it has closed its initial fund, Avesi Partners I, with $875 million of capital commitments. The fund was oversubscribed and closed above its original target of $650 million. Avesi, based in Stamford, Conn., is a private equity firm focused on healthcare services, healthcare technology and business services. Founded in 2021, the firm is targeting lower middle market companies with about $10 million to $30 million of EBITDA.…

McGuireWoods has long been an avid supporter of the advancement of professional women. As part of our initiative seeking to expand the leadership of women in private equity, we are continuing our  series of profiling women leaders in private equity. We are hopeful that this series will serve to inspire other women to pursue their careers in private equity in a way that best challenges and motivates them, which these impressive women have all done.…

By Amber Walsh and Penny Zacharias The impact that the COVID-19 pandemic is leaving behind is still coming to light. As the long-term and short-term impacts become more evident, it’s clear that working women represent one of the demographic groups more adversely affected by the pandemic in ways that include employment, leadership, and funding. Consider just the following statistics: By January 2021, the U.S. female workforce participation dropped below 56% — the lowest level since…

New Enterprise Associates (NEA) has led an investment in AllyAlign Health, according to a news release. AllyAlign, based in Glen Allen, Va., is a Medicare Advantage insurance company focused on senior housing communities. Founded in 2014, the firm reports that it currently operates in 22 states. New Enterprise Associates, based in Menlo Park, Calif., specializes in investments in venture growth equity at all stages. Founded in 1977, the firm has wide flexibility…

Havencrest Capital Management has announced it has invested in Paradigm Health. Paradigm Health, founded in 2013 and based in Indianapolis, Ind., is a provider of hospice and palliative care in Indiana. Havencrest, based in Dallas, is a lower middle market private equity investment firm focused exclusively on the healthcare industry. The firm prefers to partner with founder-owned healthcare companies with EBITDA between $2 million and $10 million and revenue of at least $10…