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Private-equity firm buys Healogics for $910M


By Bob Herman
Posted: July 7, 2014 - 3:30 pm ET
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Private-equity firm Clayton, Dubilier & Rice has completed its $910 million purchase of Healogics, a provider of wound-care services.

CD&R acquired Healogics, based in Jacksonville, Fla., from Metalmark Capital and Scale Venture Partners. Metalmark and Scale Venture had owned Healogics since the company was first formed in a 2011 merger between National Healing Corp. and Diversified Clinical Services, a Healogics spokeswoman said. The company does not expect any layoffs or closings as a result of the deal.

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Healogics operates about 600 hospital outpatient wound-care centers across the country. The company, which has about $300 million in annual revenue, was named one of Modern Healthcare's 40 hottest companies in 2013.

CD&R manages about $21 billion in investments. One of its largest healthcare ventures is Envision Healthcare, the publicly traded parent of EmCare. Last month, EmCare boosted its revenue base by acquiring a physician outsourcing group for $170 million.

Follow Bob Herman on Twitter: @MHbherman


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