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Nov26
2018
CRG Provides $65 Million Commitment, Positioning HNI Healthcare for Transformation »


New York, Nov. 26, 2018 /PRNewswire/ -- CRG, a premier healthcare-focused investment firm, today announced a $65 million commitment to HNI Healthcare ("HNI"), a technology-enabled physician practice management company focused on the delivery of full-service facility-based physician programs. HNI recently completed the acquisition of Martin Healthcare Group ("MHG"), a 40-year-old privately held company dedicated to the delivery of inpatient care and staffing solutions to acute and post-acute care hospitals across the Midwest and Florida.

 

"As the country's healthcare system continues its shift towards value-based care models, hospitals are being asked to deliver better outcomes at a lower cost," said Scott Li, Managing Director at CRG. "HNI's…

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Aug13
2018
CRG Promotes Three Investment Professionals »


Boulder, Colorado - August 13, 2018 -- CRG, a premier healthcare-focused investment firm, today announced three firm-wide promotions, naming Scott Li as Managing Director, and appointing Zain Shekhani and Kevin Reilly as Vice President, effective immediately.

“We congratulate this high performing group of individuals and recognize their significant contributions to CRG’s ongoing success,” said Nate Hukill, Managing Partner and Chairman of CRG. “These promotions highlight our deep bench of world-class investing talent, enable our continued growth, and will help us efficiently deploy growth capital to more healthcare companies while generating strong risk-adjusted returns for our institutional partners.”

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Jun26
2018
CRG's Third Healthcare Fund Closes $204 Million Asset-Backed Securities Financing »


-- Provides CRG with additional leverage capacity and supports management's strategy of deploying capital to commercial-stage healthcare companies --

 

New York – June 26, 2018 – CRG, a premier healthcare-focused investment firm, today announced the closing of a $204 million financing on behalf of CRG Partners III, L.P. and certain of its parallel investment vehicles (collectively, “Fund III” or the “Fund”). The transaction was completed on June 25, 2018.

 

The securitization – or Asset-Backed Securities financing – is the third such financing completed by CRG since 2016 and reinforces CRG’s continued strong access to the capital markets. This…

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Jun6
2018
CRG Completes Financing Transaction with Fast Pace Urgent Care »


New York – June 6, 2018 – CRG, a leading healthcare investment firm, today announced a partnership with Fast Pace Urgent Care (“Fast Pace”), a leading provider of urgent care clinics across rural Tennessee, Kentucky, and Mississippi, and its private equity sponsor Revelstoke Capital Partners (“Revelstoke”), a Denver-based private equity firm. The transaction resulted in a refinancing that provided additional capital for continued growth of Fast Pace.

 

“Fast Pace’s growing footprint and highly differentiated business model provide underserved rural populations with access to high quality, affordable healthcare,” said Scott Li, Principal at CRG. “The Company has a clear value…

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May1
2018
CRG Expands Investment Team and Appoints Todd Holmes as Principal »


Boulder, Colorado – May 1st, 2018 – CRG, a leading healthcare investment firm, today announced the appointment of Todd Holmes as Principal in the firm’s Boulder office. Mr. Holmes will join CRG’s investment team and help in all aspects of the investment process. 

 

Mr. Holmes brings to CRG more than 14 years of experience sourcing, structuring, and executing investments in healthcare, biotechnology and life sciences companies. Most recently, Mr. Holmes was a founding member and Director at Gurnet Point Capital, a life sciences and healthcare-focused investment fund. Previously, Mr. Holmes was a Senior Associate at Third Rock Ventures, where…

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Apr18
2018
CRG Completes Planned Leadership Transition to Nathan Hukill »


-- Founder Charles Tate to serve as Chairman Emeritus --

 

Boulder, Colo. – April 18th, 2018 – CRG, a leading healthcare investment firm, today announced the completion of the transfer of control of the firm to Nathan Hukill, President and Chairman, effective March 31, 2018. In connection with the transfer, Charles Tate will retire from day-to-day operations of CRG and will serve as Chairman Emeritus of the company.

 

“This leadership transition ensures the long-term success of CRG and enables the current management team to continue executing its differentiated strategy of providing growth capital to commercial-stage healthcare companies and targeting…

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Feb20
2018
Dynavax Secures $175 Million in Non-Dilutive Debt Financing »


-- Proceeds to be Used to Commercialize HEPLISAV-B™ [Hepatitis B Vaccine (Recombinant), Adjuvanted] in United States and Advance Company's Immuno-Oncology Product Candidates --

 

-- Company Deploying HEPLISAV-B Field Sales Team --

 

Berkeley, Calif., Feb. 20, 2018 (GLOBE NEWSWIRE) -- Dynavax Technologies Corporation (NASDAQ:DVAX) today announced that it has closed on a $175 million non-dilutive term loan agreement with CRG LP, a healthcare focused investment firm. Dynavax will receive $100 million in a first tranche and up to an additional $75 million may be borrowed in a second tranche at Dynavax's option.

 

"This non-dilutive financing, together with our…

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