ConvenientMD, a New Hampshire-based chain of walk-in health clinics including six that have sprouted in Maine over the past four years, has a new investor.
The social impact arm of global investment firm Bain Capital has acquired a share of ConvenientMD previously held by Starr Investment Holdings, according to a news release Wednesday.
Terms of the transaction were not disclosed. Bain Capital’s Double Impact business typically invests $25 million to $75 million in new portfolio companies, according to a ConvenientMD spokeswoman.
The investment will allow ConvenientMD to grow through “both service line expansions designed to make health care more affordable and accessible, and opening new locations in underserved areas,” the company said in the release.