Bison Capital Partners IV, LP announces investment in United Therapies Holdings, LLC
Santa Monica, CA – November 20, 2013 – Bison Capital Partners IV, LP (“Bison Capital”) has announced its investment in United Therapies Holdings, LLC (“United Therapies” or the “Company”). The Company, through its affiliates, is a leading provider of urological services, technology and equipment, including lithotripsy – a proven, non-invasive procedure for the treatment of kidney stones. The investment proceeds were used to acquire the interests in United Therapies and its affiliates from the two founding physician partners, Drs. Donald Norris and Marc Rubenstein, who were the largest shareholders.
Bison Capital Asset Management announces final closing of $218 million for Bison Capital Partners IV, LP
Santa Monica, CA – Bison Capital Asset Management, LLC (“Bison Capital”), a Santa Monica, CA and New York based investment firm, is pleased to announce the final closing of Bison Capital Partners IV, L.P. (“Fund IV”), with approximately $218 million of capital commitments, which was in excess of its initial $200 million target. Consistent with Bison Capital’s predecessor funds, Fund IV will make growth capital investments in lower middle-market companies, public or private, for expansion, acquisitions and balance sheet recapitalizations. The firm’s primary investment focus is partnering with entrepreneurs and management teams seeking capital to grow their businesses.