Investment Summary

Ascend Partners Invests In Ilumed

On December 15, 2021, private equity firm Ascend Partners invested in healthcare services company Ilumed

Investment Highlights
  • This is Ascend Partners’ 4th transaction in the Healthcare Services sector.
  • This is Ascend Partners’ 4th transaction in the United States.
  • This is Ascend Partners’ 1st transaction in Florida.

Investment Summary

Date 2021-12-15
Target Ilumed
Sector Healthcare Services
Investor(s) Ascend Partners
Deal Type Venture

Target

Ilumed

Jupiter, Florida, United States
Ilumed is a healthcare services company focused on value-based care, partnering with physicians to improve patient outcomes, enhance wellness, and reduce healthcare costs. Ilumed was founded in 2018 and is based in Jupiter, Florida.

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Investor(S) 1

DESCRIPTION

Ascend Partners is a healthcare focused private equity firm, looking to partner with entrepreneurs and companies looking to improve the lives of patients, physicians, and healthcare providers. Specific healthcare areas of interest include healthcare services, value-based care, information, and healthcare technology providers. Ascend Partners was formed in 2019 and is headquartered in New York, New York.


DEAL STATS #
Overall 4 of 9
Sector: Healthcare Services M&A 4 of 8
Type: Venture M&A Deals 1 of 2
State: Florida M&A 1 of 2
Country: United States M&A 4 of 9
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Rendr

New York, New York, United States

Rendr is a primary care focused, multi-specialty medical group. Rendr was founded in 2019 and is based in New York, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-26 Elation Health

San Francisco, California, United States

Elation Health is a clinical-first technology platform built on a collaborative EHR. It helps primary care organizations grow and deliver quality, personalized patient care. Elation Health was founded in 2010 and is based in San Francisco, California.

Buy -