Acadia Healthcare Acquires Three Comprehensive Treatment Centers in South Carolina
Acadia Healthcare Company, Inc. announced on October 15 the acquisition of three opioid treatment program clinics in South Carolina, which provide treatment for people seeking recovery from opioid use disorder. The clinics were formerly the opioid treatment programs of Recovery Concepts, Recovery Concepts of the Carolina Upstate and Clear Skye Treatment Center. Acadia is a leading provider of behavioral healthcare services across the United States. As of June 30, 2024, Acadia operated a network of 258 behavioral healthcare facilities with approximately 11,400 beds in 38 states and Puerto Rico. With more than 23,500 employees serving approximately 75,000 patients daily, Acadia is the... Read More »
Lundbeck Acquires Longboard Pharmaceuticals for $2.6 Billion
H. Lundbeck A/S, a specialty pharmaceutical company, announced that it acquired Longboard Pharmaceuticals. Longboard shareholders will be offered a payment of $60 per share in cash. The transaction is valued at approximately $2.6 billion equity value and $2.5 billion (approximately DKK 17 billion) net of cash, on a fully diluted basis. The cash consideration represents a 77% premium to the 30-day volume-weighted average price of shares of Longboard common stock as of September 30, 2024. Longboard is a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases. Longboard’s small molecule product candidates are based... Read More »
Hologic Acquires Gynesonics for $350 Million
On October 14, Marlborough, Massachusetts-based Hologic, Inc. announced that it entered into an agreement to acquire Gynesonics, Inc. for $350 million. Founded in 2005 and based in Redwood City, California, Gynesonics develops and sells the Sonata System. The Sonata System is a technology intended for diagnostic intrauterine imaging and transcervical treatment of certain symptomatic uterine fibroids, including those associated with heavy menstrual bleeding. Hologic, Inc. develops, manufactures and sells premium diagnostic products, medical imaging systems and surgical products, primarily for women’s health. According to its most recent annual report,... Read More »
Integrated Pain Solutions Acquires Cincinnati Comprehensive Pain Center
On October 7, Integrated Pain Solutions (IPS), supported by American Pain Consortium, announced that it acquired Cincinnati Comprehensive Pain Center. Cincinnati Comprehensive Pain Center is a pain management practice with one location in Fairfield, Ohio. According to the press release, there are four physicians on staff. IPS is a network of interventional pain management practices with locations in Columbus, Dublin, Fairfield and Springfield, Ohio that uses minimally invasive treatments to help patients manage pain and regain strength and mobility. American Pain Consortium is a network of interventional pain management practices and pain-focused ambulatory surgical... Read More »
Foothill Cardiology Acquires Pasadena Medical Outpatient Building
On October 10, it was announced that Foothill Cardiology acquired a medical outpatient building (MOB) in Pasadena, California. The two-story MOB consists of 20,100 square feet of office space. The building is positioned close to Huntington Hospital. Acuity Eye Group and Pasadena Advanced Surgery Institute occupy the offices. The price was approximately $562 per square foot. Foothill Cardiology is a cardiology practice. According to its website, the practice is run by more than 20 physicians out of seven locations across California. NAI Capital Commercial brokers John S. Archibald and Guillermo Olaiz completed the sale, representing the seller, while NAI... Read More »
Fullscript Buys San Francisco-Based Rupa Health
Toronto, Canada-based Fullscript has announced the acquisition of Rupa Health, a San Francisco, California-based company that helps practitioners order, track and manage more than 3,000 laboratory tests in a single interface. Launched in 2020, Rupa Health’s platform modernizes the logistics of lab work by integrating test ordering, results management and patient communication for clinics across the United States. This makes it easier for healthcare providers to access a wide range of diagnostic tools and deliver more personalized care. Today, the company serves tens of thousands of clinics. Founded in 2011, Fullscript provides supplement delivery and virtual care tools for integrative... Read More »
Seva Dental Team Acquires The Practice of Dr. Thomas J. Burdo
On October 9, Seva Dental Team announced that it was further expanding its presence in Michigan with the acquisition of an independent dental practice. Dr. Thomas J. Burdo operates out of one location in Grand Rapids, Michigan. According to the website, he is the only provider on staff. Seva Dental Team is a dental support organization based in the Detroit MSA that provides patients with comprehensive dental care in a private dental practice setting. This transaction marks Seva Dental Team’s fourth acquisition announced in 2024, and its third in Michigan. The other acquisition it completed was for a dental practice based in Ohio. According to data... Read More »
Solis Mammography Enters Louisiana With Breast Center of Acadiana Acquisition
Solis Mammography announced on October 9 its acquisition of Breast Center of Acadiana in South Louisiana. Founded in 2008, Breast Center of Acadiana provides patients with an advanced standard of care through two dedicated screening and diagnostic breast radiology imaging locations in Lafayette and Youngsville, Louisiana. Solis Mammography, a portfolio company of Chicago, Illinois-based private equity firm Madison Dearborn Partners since August 2018, is the largest independent provider of mammography and breast health services in the United States with more than 135 centers. The acquisition of Breast Center of Acadiana marks Solis Mammography’s first venture in the state of Louisiana and... Read More »
Health Advocates Network Announces Acquisition of WorkSquare
Healthcare staffing firm Health Advocates Network announced that it has acquired WorkSquare Healthcare Staffing Solutions, a Miami, Florida-based staffing agency. WorkSquare’s business include approximately 75% travel nurse and 25% local staffing. Health Advocates Network specializes in healthcare staffing solutions, providing a range of services within the healthcare sector. The company was founded in 2020 and is based in Boca Raton, Florida. Plans call for WorkSquare to operate as a separate business under its own brand. Terms of the transaction were not announced. “I am confident that being part of the Health Advocates Network team will create a win/win for WorkSquare field employees,... Read More »Schedule a demo
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