Healthcare & Life Sciences Private Equity Deal Tracker: Aquiline Capital Acquires Avera eCare

McGuireWoods LLP
Contact

Aquiline Capital Partners has acquired Avera eCare from Avera Health, according to a news release.

Avera eCare, based in Sioux Falls, S.D. is a telemedicine services provider. The company reports that it is partnered with more than 600 healthcare systems, rural hospitals, outpatient clinics, long-term care facilities, assisted livings and schools across the country.

Avera Health is a regional health system based in Sioux Falls, S.D.

As part of the acquisition, Aquiline has carved out Avera eCare and renamed the company Avel eCare.

Aquiline Capital Partners is a is a private investment firm with its U.S. operations based out of New York. Its private equity team targets investments in several industries. Investments typically falling in the range of $20 million to $200 million, either funded all at once or over time.

Terms of the acquisition were not disclosed.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© McGuireWoods LLP | Attorney Advertising

Written by:

McGuireWoods LLP
Contact
more
less

McGuireWoods LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.