| View this email online The Wire Nov. 10, 2020 Bain Tech Opportunities sees big runway in cloud-based software for surgery centers Morning, hubsters! We've got more action at the intersection of healthcare and technology today. Bain Capital Tech Opportunities is simultaneously acquiring and merging HST Pathways and Casetabs, two cloud-based software providers specializing in the ambulatory surgery center market, the firm told PE Hub. The deal marks the first control investment and first healthcare IT transaction for Bain Capital Tech Opportunities, however aligns with Bain's "double play" strategy executed many times before. ...Read the full Wire commentary on PE Hub. Also of note (may require subscriptions) Fight for D&I: Rendel Solomon shares with Buyouts why he left asset manager Muller & Monroe to fight for racial justice. Due diligence: The traditional business framework used for due diligence when evaluating M&A targets needs updating, Forbes writes. Bouncing back: Sponsor-to-sponsor transactions helped fuel a rebound in PE-backed loans in the latter half of 2020, reports S&P Global. PE Deals They said it “I do think the industry as a whole still has a lot of work to do as it relates to diversity and inclusion, and quite frankly, I just kind of got tired of the struggle and the fight within the industry, as well as the constraints placed on me related to the struggle and fight outside the industry,” Former Muller & Monroe Managing Director Rendel Solomon told Buyouts, discussing his decision to leave private equity. Today's letter was prepared by Sarah Pringle. Subscribe now to get full, unlimited access to all PE Hub content, including every PE Hub Wire article. FIND OUT MORE Please visit Buyouts for the latest insight into LP activity and Venture Capital Journal for comprehensive coverage and analysis of what’s happening in VC. London | New York | Hong Kong PEI Media Group Ltd is registered in England no.6135779 Registered office: 7th Floor, 100 Wood Street, EC2V 7AN To update your PE Hub email preferences, or to unsubscribe, click here. | 