Investment Summary

Persistence Capital Partners Invests In LMC Healthcare

On November 10, 2014, private equity firm Persistence Capital Partners invested in healthcare services company LMC Healthcare

Investment Highlights
  • This is Persistence Capital Partners’ 6th transaction in the Healthcare Services sector.
  • This is Persistence Capital Partners’ 7th transaction in Canada.
  • This is Persistence Capital Partners’ 1st transaction in Ontario.

Investment Summary

Date 2014-11-10
Target LMC Healthcare
Sector Healthcare Services
Investor(s) Persistence Capital Partners
Deal Type Growth Capital

Target

LMC Healthcare

Toronto, Ontario, Canada
LMC Healthcare provides a network of diabetes centers, partnering with over 50 endocrinologists and 30 diabetes educators in 11 sites across Canada. LMC provides multi-disciplinary community-based care to Canadian diabetics and endocrinology patients. LMC Healthcare was founded in 1997 and is based in Toronto, Ontario.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Persistence Capital Partners

Montreal, Quebec, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
Size Small
Type Sector Focused
DESCRIPTION

PCP Management Inc. (Persistence Capital Partners) is a specialist private equity group focused on investing in Canadian healthcare companies. The Firm targets to companies with post revenues, enterprise driven lead by strong management teams. Types of transaction includes MBOs, recapitalization, divestitures/carve outs and special situations. Persistence was formed in 2008 and is based in Montreal.


DEAL STATS #
Overall 7 of 16
Sector: Healthcare Services M&A 6 of 9
Type: Growth Capital M&A Deals 1 of 8
State: Ontario M&A 1 of 9
Country: Canada M&A 7 of 16
Year: 2014 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-08 Warnex

Laval, Quebec, Canada

Founded in 1996, Warnex (TSX:WNX) is a life sciences research services company devoted to protecting public health by providing laboratory services to the pharmaceutical and healthcare sectors. Warnex operates three business units: analytical services, bioanalytical services, and medical testing services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Rx Drug Mart

Toronto, Ontario, Canada

Rx Drug Mart is an operator of independent pharmacy networks with more than 96 pharmacies across the country, Rx Drug Mart is a healthcare provider committed to servicing the healthcare needs of their patients and customers across the country. Rx Drug Mart was founded in 2015 and is based in Toronto, Ontario.

Buy -