JZ Capital Unloads Stake In Health Services Co.

Law360, New York (December 2, 2011, 6:34 PM EST) -- London-based private equity firm JZ Capital Partners has sold its minority stake in health management services firm Wound Care Holdings LLC to Florida-based National Healing Corp., JZ Capital announced Friday.

JZ Capital said it recovered a total of $83.4 million from the investment for double the equity invested. Further details of the transaction were not disclosed, and representatives for JZ Capital were not immediately available for comment.

The private equity firm formed Wound Care in April 2006 in a partnership with The Jordan Co. and Edgewater...
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