Rebranded Houston PE firm makes first health care exit

Houston-based private equity firm ZT Corp. Inc., formerly ZT Wealth, has exited its first health care company after the firm generated a nearly 10-times return.

ZT Corp. sold Altus Infusion, a specialty healthcare services company, to a firm with a $2 billion-plus fund in the Northeastern U.S., said Taseer Badar, ZT’s chairman and CEO. Badar declined to reveal the acquirer because the firm is attempting to buy similar companies.

Details about the transaction were not disclosed.

"It's a really…

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