Healthcare & Life Sciences Private Equity Deal Tracker: Periscope Equity Invests in CyberMaxx

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Periscope Equity has announced it has invested in CyberMaxx through a recapitalization in partnership with management.

CyberMaxx, based in Nashville and founded in 2009, provides the healthcare industry with a suite of services designed to prevent, detect and respond to cyberattacks.

Periscope Equity, based in Chicago, is a lower middle market private equity firm focused on investing in technology-enabled service and software companies within healthcare and other sectors. Founded in 2013, the firm seeks to invest in companies generating $10 million to $50 million in revenue and with EBITDA of $2 million to $8 million.

Terms of the investment were not disclosed.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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