1. Home >
  2. M&A >
  3. Recapitalization >
  4. United States >
  5. New York >
  6. Court Square Capital Partners and Aisling Capital Acquire Medical Knowledge Group

M&A Deal Summary

Court Square Capital Partners and Aisling Capital Acquire Medical Knowledge Group

On January 8, 2020, private equity firms Court Square Capital Partners and Aisling Capital acquired information technology company Medical Knowledge Group from WindRose Health Investors

Acquisition Highlights
  • This is Court Square Capital Partners’ 9th and Aisling Capital’s 1st transaction in the Information Technology sector.
  • This is Court Square Capital Partners’ 53rd and Aisling Capital’s 48th transaction in the United States.
  • This is Court Square Capital Partners’ 2nd and Aisling Capital’s 6th transaction in New York.
Investment Fate
  • Medical Knowledge Group was sold to a consortium of financial buyers in 2022.

M&A Deal Summary
Date 2020-01-08
Target Medical Knowledge Group
Sector Information Technology
Buyer(s) Court Square Capital Partners
Aisling Capital
Sellers(s) WindRose Health Investors
Deal Type Recapitalization
Advisor(s) Harris Williams (Financial)
McDermott Will & Emery (Legal)

Target

Medical Knowledge Group

New York, New York, United States
Medical Knowledge Group address the business needs of biopharmaceutical companies through the provision of network-mapping analytics, patient-finding analytics, and multi-channel marketing solutions. Medical Knowledge Group was formed in 2004 and is based in New York, New York.

Search 205,333 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

Court Square Capital Partners

New York, New York, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1968
PE ASSETS 7.7B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Court Square Capital Partners (CSCP) is a generalist private equity firm that seeks middle market company investments across the US. CSCP looks to partner with management teams to accelerate revenue growth and improve operating efficiency. Sectors of interest include business services, building products, chemicals, consumer products, food products/services, healthcare, aerospace/defense, manufacturing, media, technology, telecommunications, and transportation. Court Square Capital Partners was formerly known as Citigroup Venture Capital Equity Partners. The Group spun out of Citigroup and became independent in 2006. CSCP is based in New York City.

DEAL STATS #
Overall 56 of 68
Sector (Information Technology) 9 of 11
Type (Recapitalization) 2 of 3
State (New York) 2 of 3
Country (United States) 53 of 65
Year (2020) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Advanced Diabetes Supply

Carlsbad, California, United States

Advanced Diabetes Supply is a national distributor of durable medical equipment specializing in diabetes supplies. ADS holds the most valued accreditations in the diabetes supply industry, including NABP, URAC, and NABP. Advanced Diabetes Supply was founded in 2002 and is based in Carlsbad, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-30 Conterra Ultra Broadband

Charlotte, North Carolina, United States

Conterra Networks creates custom technology-based network solutions for businesses of all sizes across 22 states. The company has been designing, building, and managing 11,000+ mile owned and operated fiber network. Its service, reliability, and expertise in understanding customers’ needs have enabled them to become one of the fastest-growing telecommunication companies in the country. Conterra Ultra Broadband is based in Charlotte, North Carolina.

Sell -
Buyer

Aisling Capital

New York, New York, United States

Category Private Equity Firm
Founded 2000
PE ASSETS 1.8B USD
Size Large
Type Sector Focused
DESCRIPTION

Aisling Capital is a private investment firm focused on opportunities in the healthcare and medical technology sectors. The Firm specifically looks to invest in companies developing and commercializing innovative healthcare products, services, and technologies. Aisling Capital looks to commit $20 to $50 million per investment and prefers to be the lead investor. Aisling will consider investing in both public and private companies. Aisling Capital raised its first fund in 2000. The Firm is based in New York City.

DEAL STATS #
Overall 51 of 56
Sector (Information Technology) 1 of 1
Type (Recapitalization) 2 of 2
State (New York) 6 of 7
Country (United States) 48 of 52
Year (2020) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Syndax

Waltham, Massachusetts, United States

Syndax is a biotechnology company developing a pipeline of cancer therapies, including a precision oncology asset for genetically defined acute leukemias. Syndax was founded in 2005 and is based in Waltham, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-19 Spruce Biosciences

Daly City, California, United States

Spruce Biosciences is a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for rare endocrine disorders with a significant unmet medical need. The company develops tildacerfont, a CRF1 receptor antagonist currently in late-stage trials in adult patients with classic congenital adrenal hyperplasia (CAH), with a planned Phase 2 trial in pediatric classic CAH. Spruce Biosciences was founded in 2014 and is based in Daly City, California.

Buy -

Seller(S) 1

SELLER

WindRose Health Investors

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 2.5B USD
Size Large
Type Sector Focused
DESCRIPTION

MTS Health Investors LLC is a specialist private investment firm focused on opportunities in the services sectors of the healthcare industry. Specific areas of interest include managed care/health insurance, healthcare providers, distributors of medical/products and providers of outsourced services. MTS also invests in low-technology medical product manufacturers. MTS makes equity investments in US based companies valued between $25 and $300 million. Prospective transaction types include buyouts, divestitures, recapitalizations, take-privates, acquisition financings, and growth financings. MTS Health Investors was formed in 2000 and is based in New York City.

DEAL STATS #
Overall 18 of 26
Sector (Information Technology) 1 of 3
Type (Recapitalization) 3 of 3
State (New York) 3 of 3
Country (United States) 18 of 26
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-21 Aerocare

Orlando, Florida, United States

Aerocare is a provider of oxygen, respiratory, sleep, and other chronic therapy services to patients in the home. AeroCare's patients typically suffer from the chronic obstructive pulmonary disease (COPD), obstructive sleep apnea (OSA), or congestive heart failure (CHF) and require in-home therapy services. Aerocare Holdings, Inc. was founded in 2000 and is based in Orlando, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-28 Caregiver

Fort Worth, Texas, United States

Caregiver is a provider of community-based services to the I/DD community in Texas. It provides a full continuum of services including supported living, residential habilitation, licensed homes, host-home services, day habilitation, and in-home supports. Caregiver is based in Fort Worth, Texas.

Buy -
Mergr

Product

Company

Legal