Majority Investment from Linden Capital Partners

Healthcare
Majority Investment from Linden Capital Partners

Summary

Baird served as the exclusive financial advisor to Specialty Networks, LLC on this transaction

About

Specialty Networks, LLC (“Specialty Networks” or the “Company”), a portfolio company of Nautic Partners, LLC (“Nautic”), recently announced a majority investment from Linden Capital Partners (“Linden”). Terms of the transaction were not disclosed.

Specialty Networks is comprised of UroGPO, a urology-specific Group Purchasing Organization and provider of educational programs for providers, PPS Analytics, a clinical and business intelligence company serving providers and industry partners, Specialty Networks Consulting, and UroMSO. The Company brings together the functional expertise of UroGPO, PPS Analytics, Specialty Networks Consulting and UroMSO to deliver innovative and meaningful solutions for the independent Urology community. The goals of Specialty Networks are to make a significant and positive impact on in-practice operational efficiencies, track how patients are treated clinically and bridge the gap between industry and the urology community. The Company is continually exploring innovative ways to unite community urology practices toward one strong voice operationally, financially, clinically and technologically. Specialty Networks is headquartered in Rocky River, Ohio.

Nautic is a middle-market private equity firm that focuses on three industries: healthcare, industrials and services. Nautic has completed over 140 platform transactions throughout its 34-plus year history. Nautic’s strategy is to partner with management teams to accelerate the growth trajectory of its portfolio companies via add-on acquisitions, targeted operating initiatives and increased management team depth. Nautic is headquartered in Providence, Rhode Island.

Linden is a private equity firm focused exclusively on the healthcare industry. Founded in 2004, Linden is one of the country’s largest dedicated healthcare private equity firms. Linden’s strategy is based upon three elements: i) healthcare specialization, ii) integrated private equity and operating expertise and iii) its differentiated human capital program. Linden invests in middle-market platforms across the medical products, specialty distribution, pharmaceutical and services segments of healthcare. Since its founding, Linden has invested more than $2 billion in healthcare companies and has raised nearly $3 billion of commitments, augmented by capital provided by the firm’s limited partners for larger transactions. Linden is headquartered in Chicago, Illinois.
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Healthcare
Majority Investment from Linden Capital Partners
Date
December 2020
Company
Specialty Networks, LLC
Transaction
M&A
Sectors
Healthcare
Target Location
North America
Acquiror Location
North America

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