M&A Deal Summary

Webster Equity Partners Acquires Medrina

On January 1, 2019, private equity firm Webster Equity Partners acquired healthcare services company Medrina

Acquisition Highlights
  • This is Webster Equity Partners’ 12th transaction in the Healthcare Services sector.
  • This is Webster Equity Partners’ 33rd transaction in the United States.
  • This is Webster Equity Partners’ 1st transaction in Illinois.

M&A Deal Summary
Date 2019-01-01
Target Medrina
Sector Healthcare Services
Buyer(s) Webster Equity Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Livingstone Partners LLP (Financial)

Target

Medrina

Chicago, Illinois, United States
Medrina is a physician-led physiatry group whose board-certified doctors work in concert with primary care physicians, nurses, and therapists at skilled nursing facilities to optimize a patient’s treatment plan and overall care. Medrina was founded in 2010 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Webster Equity Partners

Waltham, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2003
PE ASSETS 6.8B USD
Size Mega
Type Sector Focused
DESCRIPTION

Webster Capital is a private equity firm that targets growth capital and buyout investments in profitable, middle-market healthcare and consumer companies. Prospective business characteristics of interest include differentiated products or services, distinctive brands, and loyal/repeat customers. Webster looks for companies generating sales of $20 to $200 million, EBITDA of $5 to $20 million, and valued up to $200 million. Webster Capital was formed in 2003 and is based in Waltham, Massachusetts.

DEAL STATS #
Overall 34 of 48
Sector (Healthcare Services) 12 of 22
Type (Buyout (LBO, MBO, MBI)) 16 of 26
State (Illinois) 1 of 1
Country (United States) 33 of 46
Year (2019) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-01 Sundance

Salt Lake City, Utah, United States

Sundance is a lifestyle retailer of women’s apparel and accessories, jewelry and home furnishings. The company sells through catalogs, online and 13 Sundance retail stores. Sundance founded in 1989 and headquartered in Salt Lake City, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-08 Cirrus Medical Staffing

Fort Lauderdale, Florida, United States

Cirrus Medical Staffing is a healthcare staffing firm providing medical professionals to healthcare facilities across the nation. Cirrus specializes in placing nurses and allied health professionals into travel and contract employment assignments. Cirrus Medical Staffing was formed in 2002 and is based in Fort Lauderdale, Florida.

Sell -
Mergr

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Company

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