Sverica Capital marks fourth investment from new fund with Women’s Health USA buyout

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US-based private equity firm Sverica Capital marked its fourth investment from its latest fund with a majority stake acquisition of Women’s Health USA.

The deal comes little over a year since the lower-mid market buyout firm closed its fourth fund on $275m.

Although no financial details were disclosed, the firm targets investments with an enterprise value of less than $100m, initially providing equity capital of $10m to $40m.

These are targeted in the IT, business, healthcare and high value industrial sectors.

Women’s Health USA acts as a business partner to independent health practices across America. It helps with finance management, electronic medical records, revenue cycle management and marketing.

Sverica also acquired iWave as recently as June this year.

Gregg Osenkowski, vice president at Sverica, said, “We were attracted to WHUSA because of their joint venture model which allows physicians to remain autonomous but also leverage all the resources and expertise of a national practice management platform.”

Sverica currently sits on $700m of capital raised across four funds since 2001.

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