PE Hub

Stone Point invests in Lone Wolf Technologies, Vista exits, Gauge-backed Miami Beach Medical Group nears sale, North American PE fundraising takes a U-turn in Q3

Tuesday, October 27, 2020

Morning!

Gauge Capital-backed Medical Group, which provides at-risk primary care in Florida, is in deal discussions, according to Sarah Pringle on PE Hub. The company hopes to command a mid-teens multiple of Ebitda in a deal.

The company and peers have performed well through covid-19 because of its capitated, risk-bearing model of reimbursement, while the growing senior population and Medicare Advantage has further propelled the category, sources told PE Hub. Read more here on PE Hub.

Top Scoops

Vista Equity exited Lone Wolf Technologies, which provides software for residential real estate brokers and agents throughout North America. Stone Point Capital acquired Vista's stake in the business. Vista first invested in Lone Wolf in 2015 in partnership with the company's founder Lorne Wallace, and made a follow-on investment in 2016. Read more here.

Have a great day! Reach me with your thoughts, tips, gossip, whatever at [email protected], on Twitter or find me on LinkedIn.

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Premium

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Credit

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Firms and Funds

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