Investment Summary

Ascend Partners and Kain Capital Invest In Rendr

On May 11, 2021, private equity firms Ascend Partners and Kain Capital invested in healthcare services company Rendr

Investment Highlights
  • This is Ascend Partners’ 3rd and Kain Capital’s 4th transaction in the Healthcare Services sector.
  • This is Ascend Partners’ 3rd and Kain Capital’s 6th transaction in the United States.
  • This is Ascend Partners’ 2nd and Kain Capital’s 4th transaction in New York.

Investment Summary

Date 2021-05-11
Target Rendr
Sector Healthcare Services
Investor(s) Ascend Partners
Kain Capital
Deal Type Growth Capital

Target

Rendr

New York City, 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.

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Investor(S) 2

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 City.


DEAL STATS #
Overall 3 of 8
Sector (Healthcare Services) 3 of 7
Type (Growth Capital) 2 of 4
State (New York) 2 of 3
Country (United States) 3 of 8
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-01 Essen Health Care

Bronx, New York, United States

Essen Health Care is a patient-focused integrated healthcare delivery platform with the goal of providing the highest level of quality care by leveraging its network of primary care, urgent care, house call, care management, nursing home and adult home divisions. essen health care was founded in 1999 and is based in Bronx, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 Ilumed

Jupiter, Florida, United States

Ilumed is a Medicare transformation company, helping patients achieve their best, healthiest life by driving lower-cost, better-quality and more-equitable healthcare. Ilumed was founded in 2018 and is based in Jupiter, Florida.

Buy -
DESCRIPTION


DEAL STATS #
Overall 6 of 8
Sector (Healthcare Services) 4 of 5
Type (Growth Capital) 3 of 4
State (New York) 4 of 5
Country (United States) 6 of 8
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-01 Essen Health Care

Bronx, New York, United States

Essen Health Care is a patient-focused integrated healthcare delivery platform with the goal of providing the highest level of quality care by leveraging its network of primary care, urgent care, house call, care management, nursing home and adult home divisions. essen health care was founded in 1999 and is based in Bronx, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-30 My Dr Now

Chandler, Arizona, United States

My Dr Now is a primary care group that offers a variety of services to patients of all ages, including primary care, urgent care, and more, with offices open every day, including weekends and holidays. It offers in-person care in neighborhood locations convenient to where people work, shop, and live, as well as video visit services and mobile doctor services. My Dr Now is based in Chandler, Arizona.

Buy -