Global private equity and venture capital news and research

Clayton, Dubilier & Rice adds wound care services provider Healogics to portfolio

2 Jul 2014

woundPrivate equity firm Clayton, Dubilier & Rice (CD&R) has completed the acquisition of venture capital-backed wound care services provider Healogics Holding Corp for around $910m.

Healogics operates almost 600 hospital outpatient wound care centers and has revenues of $300m.

The company also operates Sechrist Industries, which makes hyperbaric oxygen therapy chambers used in advanced wound care.

Last year Healogics saw more than 215,000 patients through a connected network of centers, partner hospitals, academic medical centers, patients and families.

The company was backed by Metalmark Capital and Scale Venture Partners.

Metalmark spun out of Citigroup last year as the bank worked to comply with Volcker Rule limitations on banks holding illiquid assets.

Earlier this year it was reported that CD&R-backed chemical distributor Univar was expected to hire Deutsche Bank, Goldman Sachs and Bank of America to lead its IPO.

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