Dermatology Partners Acquires Pennsylvania Practice
Dermatology Partners has acquired Family Dermatology of the Lehigh Valley. As of February 6, 2023, Dr. Susan J. Kucirka will transition from Family Dermatology of the Lehigh Valley to Dermatology Partners – Schnecksville. Terms of the deal were not disclosed. Schnecksville, Pennsylvania-based Family Dermatology of the Lehigh Valley treats diseases of the skin, hair and nails, such as acne, warts, eczema and psoriasis. It also diagnoses and removes skin cancers, growths and moles. Dermatology Partners is a dermatology practice with 29 offices in Pennsylvania and Delaware. According to data captured in the LevinPro HC database, this transaction marks the second dermatology practice deal of... Read More »
Engage Technologies Group Merges With APX Platform
Engage Technologies Group, Inc. and APX Platform have announced a merger agreement. The company will operate under the Engage Technologies Group banner and APX Platform will be marketed as “APX Platform powered by Engage.” Terms of the deal were not disclosed. APX Platform is a business insights, employee education, training and data analytics technology platform solution that optimizes employee productivity via on-demand sales, finance and operations training courses. Engage Technologies Group specializes in marketing communication technologies and content services for healthcare providers and enterprises serving the healthcare industry. According to data captured in the... Read More »
U.S. Foot & Ankle Specialists Acquires Three Podiatry Practices
U.S. Foot & Ankle Specialists, a portfolio company of private equity firm NMS Capital, has acquired three podiatry practices. Terms of the deal were not disclosed. Acquired in the deal was Mid-West Podiatry & Associates, which has four locations in the St. Louis MSA. Mid-West Podiatry & Associates is equipped to treat a full range of foot and ankle conditions, ranging from ingrown toenails, bunions, calluses and warts, to chronic conditions that include plantar fasciitis, neuropathy, ankle sprains and more. The practice also provides custom orthotics support and assistance for diabetic wound care. Foot Specialists of Kansas City was also acquired. It operates three clinics in... Read More »
Ascend Wellness Holdings Acquires Maryland Assets of Devi Holdings
Ascend Wellness Holdings (AWH) has acquired the Maryland assets of Devi Holdings, Inc. Upon closing of the agreement, AWH will acquire 100% of the membership interests of Devi’s Maryland dispensaries and related real property holding companies for $19 million, $12 million of which will be paid in cash, and $7 million, or 5.19 million shares, in Class A common stock. Devi Holdings owns and operates four licensed medical marijuana dispensaries in Aberdeen, Crofton, Ellicott City and Laurel, Maryland, under the names Nature’s Medicines and True Wellness. Ascend Wellness Holdings is a cannabis company with assets in Illinois, Michigan, Ohio, Massachusetts, New Jersey and... Read More »
GI Alliance Partners Enters Northeast With Connecticut GI Partnership
GI Alliance announced on January 26 a partnership with Connecticut GI, expanding GI Alliance’s presence into the Northeast and its 15th state. Based in Rocky Hill, Connecticut, Connecticut GI specializes in digestive health, liver disorders and colorectal cancer screening. The company includes 82 physicians, 45 advanced practice providers and 400 team members providing GI care in 25 practices and 25 procedure locations. GI Alliance is a physician-led and majority physician-owned GI practice management company providing services to nearly 800 independent gastroenterologists operating in Texas, Arkansas, Arizona, Colorado, Florida, Illinois, Indiana, Kansas, Louisiana, Mississippi,... Read More »
ARC Health Acquires Colorado Center for Clinical Excellence
ARC Health, a Thurston Group portfolio company, announced its acquisition of the Colorado Center for Clinical Excellence (CCCE) in Denver. Terms of the deal were not disclosed. CCCE is a mental healthcare provider group offering psychotherapy and group therapy for individuals, couples, adults and adolescents at two locations in the Denver MSA. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the U.S. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. The company has more than 320 providers throughout its partner locations nationwide.... Read More »
Mobility Ideal Health Care Acquires Green Prosthetics and Orthotics
Mobility Ideal Health Care has acquired Green Prosthetics and Orthotics, Inc. Generational Equity acted as the advisor to Green Prosthetics and Orthotics in the sale. Terms of the deal were not disclosed. Located in Erie, Pennsylvania, and with multiple locations in Pennsylvania and New York, Green Prosthetics and Orthotics is a custom fabricator of prosthetic and orthotic devices. The company has been providing medical equipment to patients and hospitals for more than 80 years. Mobility Ideal Health Care, headquartered in Edison, New Jersey, has nine locations. The company provides mobility services, including prosthetics, orthotics and diabetic foot care, physical and occupational... Read More »
ReLive Biotechnologies Acquires Co.Don AG
China-based ReLive Biotechnologies, Ltd. has acquired Germany-based Co.Don AG. Terms of the deal were not disclosed. ReLive Biotechnologies is taking over the global patent rights of Spherox and Chondrosphere. Spherox is one of two authorized cell therapies for the regenerative treatment of articular cartilage defects globally. Co.Don AG is a biopharmaceutical company that develops, produces and markets cell-based pharmaceutical products for joint preservation and the regenerative treatment of articular cartilage defects worldwide. According to data captured in the LevinPro HC database, this acquisition represents the 16th Biotechnology deal of 2023. There were 141 Biotechnology... Read More »