Healthcare & Life Sciences Private Equity Deal Tracker: Fort Point Acquires NewBold

Amber McGraw Walsh
McGuireWoods LLP
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Fort Point Capital has announced its acquisition of NewBold Corp.

NewBold, founded in 1994 and based in Greenville, South Carolina, is a provider of managed technology services to healthcare and other industries.

Fort Point, founded in 2011 and based in Boston, is a lower middle market private equity firm. It specializes in buyouts of healthcare and several other types of companies with enterprise value up to $125 million.

Terms of the acquisition were not disclosed.

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