Dane Hamilton

News (Intelligence) Timing not right for minority recap Unlikely to return to market soon Confluent Health, the Partners Group-backed musculoskeletal health company that was exploring a sale in 2024, ended the process late last year, said three sources familiar with the process. Louisville, Kentucky-based Confluent, which marketed itself off around USD 150m in EBITDA, was looking to recap its minority investors, with Partners Group retaining its majority share, two of the sources said.

News (Intelligence) Concord Technologies, a healthcare information technology company, has appointed Baird to explore a sale, according to three sources familiar with the situation. Seattle-based Concord, which is minority held by Excellere Partners, generates between USD 40m to USD 50m in EBITDA, two of the sources said. The company recently appointed Baird after a bakeoff and is expected to begin preparations for a sale in the coming months, these sources said.

News (Intelligence) Centauri Health Solutions, a Scottsdale, Arizona-based provider of healthcare software and services, has paused its sale process, according to three sources familiar. The Abry Partners-backed company was pursuing a sale earlier this year alongside William Blair, as reported by Mergermarket.