M&A Deal Summary

BelHealth Investment Partners Acquires General Genetics

On July 25, 2013, private equity firm BelHealth Investment Partners acquired life science company General Genetics

Acquisition Highlights
  • This is BelHealth Investment Partners’ 1st transaction in the Life Science sector.
  • This is BelHealth Investment Partners’ 4th transaction in the United States.
  • This is BelHealth Investment Partners’ 1st transaction in New Mexico.

M&A Deal Summary
Date 2013-07-25
Target General Genetics
Sector Life Science
Buyer(s) BelHealth Investment Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

General Genetics

Las Cruces, New Mexico, United States
website
General Genetics Corp. provides genetic testing services for consumers, healthcare providers, and various government organizations worldwide. General Genetics was founded in 2013 and is based in Las Cruces, New Mexico.

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Buyer(S) 1

Buyer

BelHealth Investment Partners

Fort Lauderdale, New York, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2011
PE ASSETS 500M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

BelHealth Investment Partners LLC is private equity firm focused on mid-sized healthcare companies. The Firm looks to invest $20 to $50 million per transaction and specifically targets healthcare services, healthcare products, healthcare distribution, and healthcare IT. BelHealth prefers companies with recurring revenue, high margins, diverse customers, low regulatory oversight, and modest technology risk. Prospective companies are typically profitable with at least $20-$100 million of enterprise value, $10-$100 million of revenue and $2-$10 million of EBITDA. BelHealth was formed in 2011 and is based in New York City.

DEAL STATS #
Overall 4 of 15
Sector (Life Science) 1 of 4
Type (Buyout (LBO, MBO, MBI)) 4 of 13
State (New Mexico) 1 of 1
Country (United States) 4 of 15
Year (2013) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-25 Quick Care Pharmacy

Rancho Cucamonga, California, United States

Quick Care Pharmacy, Inc. is a provider of specialty pharmacy services to the pain management industry. The Company offers a comprehensive and highly personalized specialty pharmacy services targeting multiple growth markets through a unique “concierge pharmacy” business model. Quick Care Pharmacy was founded in 2006 and is based in Rancho Cucamonga, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-01 Precision Diagnostics

San Diego, California, United States

Precision Diagnostics is a clinical laboratory that specializes in providing quantitative drug testing, primarily for the purpose of helping physicians monitor their patients undergoing treatment for pain or substance abuse. Precision Diagnostics was founded in 2011 and is based in San Diego, California.

Buy -
Mergr

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