IntegraMed sold to Sagard
Sagard Capital Partners L.P. completed its $170 million acquisition of IntegraMed America Inc., a Purchase, N.Y.-based operator of fertility and vein care clinics.
In the second quarter, IntegraMed earned $500,000 on $76 million in revenue from its Attain Fertility Centers and its Vein Clinics of America, the latter of which which has locations in Greenwich and Wilton.
Greenwich-based Sagard focuses on small-cap companies, with no medical business in its current portfolio until now.
“We see a significant opportunity to extend the reach of IntegraMed’s business, bringing its medical specialties to a growing base of patients,” said Dan Friedberg, managing partner of Sagard Capital, in a prepared statement.