Ian Wijaya

One of the most exciting questions from this interview was "what key attributes do private equity firms seek in targeting healthcare, biotech, and life science companies for acquisition?". Private equity firms are increasingly attracted to the healthcare, biotech and life sciences industries due to their resilience against economic cycles. Attributes that PE firms prioritize include: Stability and Growth Potential: Companies that demonstrate consistent revenue growth and have a solid track record of performance are highly attractive. The ability to withstand economic downturns and maintain steady growth is a crucial factor. Service and Software Focus: Companies that provide essential services and software solutions within the healthcare ecosystem are less vulnerable to regulatory changes and scrutiny, making them reliable investment targets. Regulatory Compliance and Low Risk: PE firms typically avoid companies with high science risk. Instead, they favor businesses with well-established products, services and technology. Specialization and Expertise: Many PE firms seek companies with specialized knowledge and capabilities that align with their strategic focus areas, ensuring they can add value and drive growth post-acquisition. Thank you to the Los Angeles Times for inviting me to participate in this issue! I am honored to be able to contribute to this piece. If you'd like to discuss any of the insights from this issue, reach out to me directly. #privateequity #lifesciences #healthcareservices #biotech #investmentbanking #businessvaluation

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Regulators think they are doing good. The outcome, however, is generally the opposite of the intent. The 3.48 hours per resident day staffing rule has just been finalized for nursing homes. This will have the effect of shutting down single-entity non-profits captained by local or religiously affiliated boards who do not have the resources and also rural communities (who will use the exemption until it burns off). As such, there will be less supply of care while the demand for it is only increasing which will probably put a higher burden on emergency care sourced at acute care hospitals. https://lnkd.in/eA5TxQDU

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🚀 Splitero Receives $300M Strategic Investment by Antarctica Capital Splitero, a leader in fintech solutions for home equity, received a $300 million strategic investment from Antarctica Capital. Under the leadership of CEO Michael Gifford, Splitero offers homeowners innovative Home Equity Investments (HEIs) that provide lump sums of cash in exchange for a share of their property’s future value—without the burden of monthly payments or refinancing low-interest mortgages. This funding from Antarctica Capital, guided by Managing Partner Chandra P., strengthens Splitero’s ability to scale its offering, especially as U.S. homeowners hold an estimated $11.5 trillion in accessible equity. This move could be transformative not only for Splitero but also for the broader market. As homeowners seek ways to leverage their equity amid record levels, this partnership positions Splitero as a go-to solution. Additionally, it signals a growing interest from private equity firms like Antarctica Capital to invest in tech-enabled solutions that address fundamental consumer needs, indicating a potential rise in similar strategic partnerships in fintech. At 733Park, we believe this partnership showcases the immense value in fintech M&A, especially when it aligns innovative solutions with the capital and expertise needed for scaling. This transaction demonstrates the powerful synergies that can be unlocked for founders and leaders contemplating an investment or acquisition. If you’re looking to maximize the value of your business through a strategic acquisition or exit, let’s connect. Reach out to 733Park, Boston’s premier fintech M&A specialists. Together, we’ll craft the best path for your company’s growth. #HomeEquity #StrategicInvestment #PrivateEquity #AntarcticaCapital #BusinessGrowth

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It was a pleasure hosting Reihan Salam, President of the Manhattan Institute, at the Red Apple Group offices recently. Reihan’s insights into policy, economics, and the future of our cities are consistently thought-provoking. As a regular contributor on platforms like CNN, Real Time with Bill Maher on HBO (Warner Bros. Discovery), and The Atlantic, he remains an essential voice in today’s policy discourse. Fun fact (aka nerd alert!): Reihan and I go way back—30 years ago, we were competitors on two of the nation’s top-ranked speech and debate teams at Stuyvesant High School and Iona Preparatory School. Those formative years sharpened our skills in public speaking and critical analysis, setting the stage for professional journeys defined by rigorous inquiry. It’s inspiring to see how those early days of debate shaped leaders and thinkers like Reihan, who now contributes so significantly to the broader discourse on public policy and governance. Recently, Reihan joined John Catsimatidis, Founder & CEO of Red Apple Group, on The Cats Roundtable on 77 WABC Radio, to discuss the current state of the U.S., with a special focus on New York. As a Brooklyn native and the son of Bangladeshi immigrants, Reihan brings a uniquely grounded and thoughtful perspective on improving New York City and State. This segment originally aired on Sunday, November 3, on New York’s #1 rated station, 77 WABC Radio, owned and operated by Red Apple Group. Reihan’s views on the path forward for New York are well worth a listen.  Interview Link:  https://lnkd.in/ecWY2Eme    Manhattan Institute: Under Reihan’s leadership, is a cornerstone in the world of public policy. Established in 1977, the Institute remains one of America’s leading think tanks. Through rigorous research and data-driven recommendations, the Institute shapes public policy debates, offering non-partisan, research-based solutions to some of the nation's most pressing challenges. Under Reihan's leadership, as cities and states grapple with post-pandemic challenges, the Institute’s research will be more essential than ever, guiding efforts to create resilient, vibrant communities. Through Reihan’s stewardship, the Manhattan Institute continues its mission with a steadfast commitment to integrity, clarity, and data over partisanship. Ultimately, Reihan and the Manhattan Institute exemplify the power of ideas, showing that dedication to facts, intellectual rigor, and principled discourse can lead to real, meaningful change. #ManhattanInstitute #PolicyLeadership #PublicPolicy #EconomicFreedom #Governance #NewYorkPolicy #ThoughtLeadership #RedAppleGroup #WABCRadio #PublicDiscourse #SpeechAndDebateLegacy #FreeMarketIdeas #ConstructiveDialogue #RedAppleGroup #JohnCatsimatidis #WABC770 #NewYork #NewYorkState #NewYorkCity

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The Health IT M&A and investment landscape is dynamic in 2024, with valuations rebounding from post-inflation lows. Top-tier companies are commanding premium multiples, and buyout activity is surging, fueled by a revitalized private credit market. Despite a complex macroeconomic setup, Health IT is gaining momentum. Want to delve deeper into the trends and data? Check out our latest HIT updates and market analytics. #healthIT #M&A #buyouts #investments #healthcare #technology #economy

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As rules around private equity ownership of sports leagues expand, Michael Cembalest, Chairman of Market and Investment Strategy for J.P. Morgan, explores investing in professional sports leagues and related businesses. Read more in this special edition of Eye on the Market: https://bit.ly/4bUsEvq

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[New Compounders Podcast] We are back with a fascinating episode with a public company CEO from the healthcare/medical devices space. After working at Baxter and Stryker, Jim Cunniff became CEO of ELMD in 2023 and has brought a new level of focus and urgency to the Electromed. In this conversation, covered: ·      Why Jim decided to take the CEO role at Electromed; ·      What is special about the company's main product, the SmartVest, as well as the drivers of growth; ·      Why Bronchiectasis remains an underdiagnosed condition; ·      What he has learned from being an operating partner at Shore Capital; and ·      How the company generates 70%+ gross margins. I hope you enjoy the episode: https://lnkd.in/gvtqrhwi

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There is no easy fix - a holistic approach to energy security.

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the December edition of Private Equity International.    As a past honoree of the Women of Influence in Private Markets list, Anna continues to drive thought leadership in the alternatives space and joins four other trailblazers who have featured on the list over the years to answer the question: “What innovations could help further unlock the private wealth channel over the next five years?” While technology is naturally a key focus, check out the article below for Anna’s full perspective. 👇   #PrivateEquity #WomenInFinance #Leadership

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Secondaries and structured liquidity solutions provide creative portfolio management tools for both sponsors and investors as they alleviate the duration mis-match problem particularly exacerbated by the sustained high base rate environment. 

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Looking forward to #DigitalAssetsWeek in May and my panel discussion: The CBDC and Stablecoin 2024 Evolution!

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CrossWork Announces Portfolio Company AuditBoard Has Agreed To Be Acquired for $3 Billion. CrossWork Midas, a late-stage venture capital fund specializing in AI and enterprise software investments, announced that portfolio company AuditBoard has agreed to be acquired by Hg, a European private equity firm, for over $3 billion. Notably, five of CrossWork's portfolio companies are listed on PitchBook's top 10 AI companies most likely to go public in 2024. CrossWork Midas is a specialist investor in the AI and enterprise software sectors. The fund focuses on late-stage, pre-IPO companies, leveraging its proprietary AI-driven investment approach and deep sector expertise to identify high-potential opportunities. The fund's late-stage artificial intelligence investments include large language models (LLMs), semiconductors, databases, AI development/management platforms, AI software companies, and enterprise software companies that leverage AI. AuditBoard Investment: "AuditBoard highlights an important aspect of our investment thesis," said Steven Ogunro, Partner at CrossWork, who led the AuditBoard investment. "Our ability to identify market leaders like AuditBoard, that can benefit from powerful developments in AI, combined with our extensive network of relationships through some of the world’s best advisory board members, has been key to our success" We invested in AuditBoard for several key reasons: - It’s exceptional management team. - Strong growth year-over-year combined with a market leadership position in a substantial market. - A “must have” product solution utilized by 50% of Fortune 500 companies, helping customers satisfy key regulatory requirements. - Strong product loyalty - reflected in strong recurring revenues. - It’s systematic use of AI in product and business execution - Significant opportunities for further growth. "As AI continues to transform industries, CrossWork Midas is uniquely positioned to capitalize on the next wave of enterprise software innovation.” said CrossWork partner, Steven Ogunro. Important Disclosures - Nothing in this preliminary information should be considered an offer for the purchase or sale of any securities in any jurisdiction whatsoever. Investments in private securities are risky and illiquid with the potential for entire capital loss. Nothing herein should be considered financial advice of any kind. While care is taken, no warranty or guarantee is made with respect to the information herein which is subject to errors. Consult your financial advisors in all circumstances when taking any action with respect to an information or data provided herein and review risks available at

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The recovering deals market could get a lift from private equity-backed companies as early as the beginning of 2025. We outline what you need to know – plus what to look for in IPO candidates and portcos – in our capital considerations piece. https://lnkd.in/g-gw3hH5

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Compliance tech is powerful. This one seems to me to be even more powerful. The notion of creating compliance agents (and more generally, supporting agents) is one that will become more and more familiar to everybody. Edoardo Ginevra Aurelio Maccario Fabio De Ferrari Luciana Rovelli

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Four Strategies for Engaging with Institutional Investors https://lnkd.in/eSj4_jKX #hedgefunds #finance #diversity #esg #venturecapital #emergingmanagers

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Is the U.S. Economy Stronger Than We Think? At Yale's recent CEO Caucus, 84% of top CEOs expressed optimism, predicting a "soft landing" for the U.S. economy. Surprisingly, 81% were taken aback by the economy’s resilience, despite widespread pessimism in public polls. With inflation dropping and unemployment at historic lows, real wages are growing, and GDP surpassed expectations. CEOs agree: the economy is outperforming the gloomy forecasts. What’s your take on that? Source: https://bit.ly/47Sds0i

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Thrilled to announce our recent investment into Integris Health (backed and operated by Everstone Private Equity), one of the global leaders in the manufacturing of cutting-edge cardiovascular devices and drug-eluting stents. It will consolidate the businesses of Translumina (Stents/Medical devices) and Everlife (distribution of medical devices and consumables globally) into a single largest, integrated medical devices platform in the country. We look to invest in differentiated businesses, with world-class management, available at reasonable valuations. India’s MedTech industry is evolving rapidly, driven by supportive government initiatives and favourable macroeconomic factors. The sector is transitioning from primarily import-dependent and sales-driven to a more integrated model, with an increased focus on R&D and global expansion. Integris exemplifies this shift, offering innovative solutions that make healthcare more accessible and equitable while positioning India higher in the global value chain. The current round saw participation from marquee private equity fund as well as reputed family offices based out of Singapore and India. #MedicalDevices #HealthcareInvestment #HealthcareInnovation #MedicalTechnology https://lnkd.in/gQffkTks

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