Centerbridge nears $2.3 billion deal for TPG's Medsol

 Private equity firm Centerbridge Partners and Canadian pension fund Caisse de dépôt et placement du Quebec (CPDQ) are nearing a deal to buy TPG-backed Medical Solutions for about $2.3 billion including debt, Bloomberg News reported late on Sunday.

The deal for Medical Solutions, also known as Medsol, could be announced within days, Bloomberg News said, citing people familiar with the matter.

Centerbridge, Medsol and CPDQ did not immediately respond to Reuters requests for comment.

TPG Growth, the growth capital arm of U.S. private equity firm TPG Global, acquired Medsol in 2017 for about $500 million.

https://www.reuters.com/article/medical-solutions-ma-centerbridge/centerbridge-nears-2-3-bln-deal-for-tpgs-medsol-bloomberg-news-idUSL4N2Q10VM