Private equity firm LLR Partners Inc. carried out a growth recapitalization of employee population health management company CareATC Inc.
The partnership is aimed at facilitating the growth of CareATC's employer-sponsored clinic network and driving investment in the its proprietary population health technology platform.
Corporations, labor unions and state and local governments across the U.S. use CareATC's shared-site and onsite clinics to provide primary care, preventative health screenings, disease management and referral management services to their employees.
CareATC tapped Canaccord Genuity LLC to be its exclusive financial adviser and PrayWalker to provide legal counsel. Morgan Lewis & Bockius LLP served as legal counsel to LLR Partners.