Ascend Plastic Surgery Partners Expands to Florida With Ponte Vedra Plastic Surgery

Ascend Plastic Surgery Partners Expands to Florida With Ponte Vedra Plastic Surgery

by | Apr 10, 2024 3:19 pm | Physician Medical Groups, Private Equity | 0 comments

Ascend Plastic Surgery Partners announced that it has acquired Ponte Vedra Plastic Surgery, expanding its footprint into Florida. Ponte Vedra Plastic Surgery is a cosmetic and reconstructive surgery center serving patients in North Florida and South Georgia. According to its website, the practice has six providers on staff. Ascend Plastic Surgery Partners is an Atlanta-based management services organization formed by private equity firm Sheridan Capital Partners in October 2023. The plastic surgery firm has practices in Alabama, South Carolina, Utah and New Mexico. Ponte Vedra Plastic Surgery was advised by Westcove Partners and Advos Legal. Ascend was advised by McDermott Will & Emery... Read More »
Resurgens Technology Partners Acquires Valant Medical Solutions 

Resurgens Technology Partners Acquires Valant Medical Solutions 

by | Dec 4, 2023 1:41 pm | eHealth, Private Equity | 0 comments

Gemspring Capital, a private equity firm based in Westport, Connecticut, announced on December 4 the sale of Valant Medical Solutions to Resurgens Technology Partners.  Aeris Partners served as financial advisor to Valant and McDermott Will & Emery LLP served as legal counsel to Gemspring. The financial terms were not disclosed.  Valant Medical Solutions is a provider of SaaS-based electronic health record (EHR) and practice management software for behavioral health providers. It provides a comprehensive and differentiated software platform that enables customers to manage key operational, clinical and financial workflows to drive optimal business and patient outcomes. Valant... Read More »
Bradford Health Services Acquires Vertava Health of Mississippi

Bradford Health Services Acquires Vertava Health of Mississippi

by | Nov 13, 2023 2:14 pm | Behavioral Health Care | 0 comments

Bradford Health Services announced its recent acquisition of Vertava Health of Mississippi. This strategic move marks a significant expansion of Bradford Health Services’ presence in the Southeast.  Vertava Health of Mississippi is a comprehensive provider of addiction treatment and mental health services. The company is a resource for individuals in the North Mississippi and Memphis areas seeking comprehensive and compassionate care for substance use issues.  Bradford Health Services provides early intervention services, crisis response, intensive outpatient care, partial hospitalization and residential care, inpatient detox and transitional living and life skills programming... Read More »
Solaris Health Adds Urologic Specialists of Northwest Indiana

Solaris Health Adds Urologic Specialists of Northwest Indiana

by | Oct 3, 2023 11:02 am | Physician Medical Groups, Private Equity | 0 comments

Solaris Health, a portfolio company of private equity firm Lee Equity Partners, announced on October 3 that Urologic Specialists of Northwest Indiana has joined as an affiliate. According to data captured in the LevinPro HC database, this transaction represents the 411th Physician Medical Groups transaction of the year, and the fifth in the urology specialty.  Urologic Specialists of Northwest Indiana provides state-of-the-art urological services with a strong emphasis on patient education. According to its website, Urologic Specialists has 12 providers on staff, caring for more than 22,000 patients annually.  Solaris Health is a national healthcare platform committed to... Read More »
Buyer Discipline Emerging in Healthcare M&A

Buyer Discipline Emerging in Healthcare M&A

by | Oct 25, 2022 11:01 am | Healthcare Market Updates | 0 comments

On October 21, we attended McDermott Will & Emery’s HPE New York event for a morning of panel discussions and networking. Much of the focus was on private equity’s healthcare M&A strategy amid higher interest rates, a pricing disconnect between buyers and sellers, and other headwinds in the industry. Right off the bat, the first panel posed a question to the audience asking what was causing a drop in deal activity. Quite clearly, the top two answers were, “frozen credit markets” and “pricing too high,” with “wage inflation” another major factor in how buyers approached potential deals. Higher wages may very well keep some PE firms from buying service-intensive healthcare businesses... Read More »