We represented TT Capital Partners (TTCP), NovaQuest Capital Management (NovaQuest) and Frist Cressey Ventures in its recapitalization and growth equity investment in InformedDNA, the nation’s largest provider of genetic services. InformedDNA will use the capital to continue scaling its technology-enabled, genetics expert services, as well as to expand its staff of genetic counselors. Terms of the transaction were not disclosed.
The TTCP and NovaQuest Capital Management deal teams were led by Ryan Thomas and included corporate attorneys Ryan Hoffman, Bo Cook, Gardner Bell and Oliver Peglow. Philip Lewis counseled on tax issues while Shannon Wiley and Whitney Snow advised on healthcare regulatory issues; Felix Dowsley and Vincent Lillegard advised on financing-related matters; Shelley Thomas, Emily Burrows and Stefanie Colletier advised on intellectual property matters; and Kimberly Veirs advised on labor and employment matters. Michael Holley also advised Frist Cressey Ventures in its minority investment.