Freedom Home Care Joins the PurposeCare Family of Companies
Freedom Home Care is joining the PurposeCare family of companies, according to a March 17 press release. Freedom Home Care is a home care organization serving communities throughout Cook, DuPage, Lake, Kane, Kendall and McHenry counties. The team operates out of four offices in Northern Illinois: Highland Park, Lake Forest, Barrington and Vernon Hills. Established in December 2021, PurposeCare provides home-based care to more than 3,000 clients each month. PurposeCare is a portfolio company of Lorient Capital, a private investment firm focused exclusively on the healthcare industry. As part of... Read More »
WELL Health Subsidiary WELLSTAR Acquires 2 Healthcare Billing Companies
WELL Health Technologies Corp. announced that its majority-owned subsidiary WELLSTAR Technologies Corp. has completed two strategic medical billing acquisitions: PatientSERV Corporation and Lambert Médico Factures Inc. These acquisitions significantly expand WELLSTAR’s presence in Canada’s largest provincial markets and extend its billing coverage to six provinces nationwide. PatientSERV Corporation is a leading uninsured and third‑party medical billing platform based in Ontario, Canada. The company is an Ontario Medical Association partner. Lambert Médico Factures is a medical billing provider based in Quebec, Canada. WELLSTAR Technologies Corp. is a Canadian digital health company... Read More »
ReFocus Eye Health Acquires Omni Ophthalmic Management Consultants
ReFocus Eye Health, a portfolio company of investment firm Zenyth Partners, announced it was expanding its presence with the acquisition of Omni Ophthalmic Management Consultants (OOMC). OOMC is a practice providing a full range of specialty ophthalmology services for the advanced treatment of eye diseases. The practice operates 20 locations in Maryland, Pennsylvania, New York and New Jersey. According to its website, it has 67 physicians on staff. Additionally, OOMC operates several ambulatory surgery centers. ReFocus Eye Health is an eye care management services organization supporting a leading... Read More »
SportsMed Physical Therapy Expands in Connecticut
On March 16, SportsMed Physical Therapy reported its first deal of the year with the acquisition of The Physical Therapy and Rehabilitation Center, LLC. The Physical Therapy and Rehabilitation Center is a rehabilitation and physical therapy practice that operates out of two locations in Connecticut: West Haven and Hamden. The clinics offer a wide range of services, including physical therapy, occupational and hand therapy, chiropractic care, acupuncture and home care services. Founded in 2004, SportsMed Physical Therapy is a multidisciplinary physical therapy company with 45 locations across New Jersey and Connecticut. Since... Read More »
DC Advisory Works on Medical Device Transaction
DC Advisory reported that it worked on its third transaction of 2026. It advised The Carlyle Group on its acquisition of Hogy Medical Co. The acquisition was done through TCG2509 Corporation, a limited partnership wholly owned and managed by The Carlyle Group, established for the purpose of the acquisition. The deal is expected to close in May 2026. Hogy Medical Co is a Japanese manufacturer of medical-related products, including surgical kits. It is based in Toyko, Japan. The Carlyle Group is one of the world’s largest private equity firms. It manages more than $465 billion of assets under management, as of... Read More »
CBRE Advises on California Property Transaction
On March 16, Archer Property Partners expanded its presence with the acquisition of a medical outpatient building (MOB) portfolio in Orange County, California for more than $17.7 million. Andy Knott and Austin Kanzler of CBRE represented the seller in the transaction. The MOB portfolio comprises three facilities in Rancho Santa Margarita (17,175 square feet), Mission Viejo (12,450 square feet) and Costa Mesa (10,064 square feet). In total, the buildings add up to 39,689 square feet. The MOBs are anchored by MemorialCare, one of Southern California’s leading nonprofit health systems. The properties were previously owned through a partnership between a private investment group... Read More »
Southern Orthodontic Partners Expands in Indiana
Southern Orthodontic Partners (SOP), a portfolio company of Shore Capital Partners, announced its expansion in Indiana with the acquisition of Ashcraft Orthodontics. Ashcraft Orthodontics is based in Lafayette, Indiana. The practice provides the full scope of orthodontic care. According to its website, the practice is run by Dr. Darin Ashcraft and a team of eight employees. Based in Nashville, Tennessee, SOP works with orthodontic practices to provide expertise in finance, marketing, recruiting, benefits and other practice administration to allow orthodontists to focus on patient care. This transaction marks SOP’s first acquisition of... Read More »
Most Active States for HCRE M&A Activity: Regional Hotspots and Trends
As the healthcare sector evolves to meet changing demands, real estate M&A remain key in shaping healthcare delivery. The healthcare real estate (HCRE) sector encompasses Medical Outpatient Buildings (MOBs), Outpatient Surgery Centers (OSCs), life sciences buildings and other general healthcare real estate subsectors. According to data captured in the LevinPro HC database, there were 273 HCRE deals announced in the United States during 2025 (including 231 MOB deals, 27 OSC deals, 10 life sciences building deals and seven other healthcare real estate deals). Activity in 2025 represents a slight dip from 278 deals in 2024, but shows continued strength from the 242 in 2023, underscoring a... Read More »
