Hims & Hers Announces Agreement to Acquire Eucalyptus

Hims & Hers Announces Agreement to Acquire Eucalyptus

Hims & Hers Health, Inc., the leading health and wellness platform, announced on February 19 that it has entered into a definitive agreement to acquire Eucalyptus. As its U.S. business continues to grow, Hims & Hers will be positioned, upon closing of the acquisition, to expand into Australia and Japan and deepen its presence in the United Kingdom, Germany and Canada. Founded in 2019, Eucalyptus builds and operates a network of digital healthcare companies. The company has facilitated nearly two million consultations across Australia, the United Kingdom, Germany, Japan and Canada. Hims & Hers is a multi-specialty telehealth platform based in San Francisco, California. Hims... Read More »
Tactile Systems Technology Buys LymphaTech for $6.8 Million Upfront

Tactile Systems Technology Buys LymphaTech for $6.8 Million Upfront

Tactile Systems Technology, Inc. announced that it is acquiring LymphaTech for an upfront cash payment at closing of $6.8 million, plus potential additional consideration that is contingent upon the achievement of future milestones. Founded in 2014, LymphaTech is a privately held medical technology company pioneering a digital, three-dimensional full body measurement and monitoring platform designed specifically for lymphedema. Tactile Systems Technology is a medical technology company focused on developing medical devices for the treatment of underserved chronic diseases at home. The company develops and markets at-home therapies for people suffering from underserved, chronic conditions,... Read More »

LevinPro HC Stat of the Week: Most Active Private Equity Firms

In the final preview of our 2026 Health Care Services Acquisition Report, we’re placing a spotlight on the most active private equity firms in the healthcare market. In the past five years, no private equity firm has been more involved in the healthcare M&A market than Charlesbank Capital Partners. The firm and its portfolio companies have announced 172 transactions over the past five years, according to transaction data captured in the LevinPro HC platform. It was founded in 1998 and currently has $22 billion in total assets, according to its website. Of those 172 deals, Charlesbank’s portfolio company, MB2 Dental Solutions, is responsible for nearly all of them (165). Founded... Read More »
TA Associates Sells PrimeRx to RedSail Technologies 

TA Associates Sells PrimeRx to RedSail Technologies 

William Blair announced that it acted as an advisor to PrimeRx throughout its acquisition by RedSail Technologies. The seller was TA Associates, who initially invested in PrimeRx in 2021.  Having closed on February 5, 2026, this transaction marked William Blair’s second signed or closed advisory deal in healthcare technology in 2026. Terms were not disclosed.  PrimeRx is a provider of pharmacy management software. The company’s software and services enable pharmacists to manage all clinical and operational aspects of their business, including prescription management, point-of-sale, signature capture and document/inventory management.  RedSail Technologies offers... Read More »
Imagen Dental Partners Announces Its First Deal of the Year  

Imagen Dental Partners Announces Its First Deal of the Year  

On February 17, Imagen Dental Partners announced its first acquisition of the year with the purchase of Campbell Dental. Terms of the deal were not disclosed.  Based in Cedar Park, Texas, Campbell Dental offers the full scope of dental care. It is run by Dr. Jarrod Campbell, who is supported by a team of assistants.  Imagen Dental is a dental partnership organization founded in 2020 that joins with dental practices, invests in them and supports their growth. Imagen Dental Partners supports practices in 15 states.   According to data captured in the LevinPro, this marks the 81st Physician Medical Group (PMG) transaction of the year, and the 34th in the dental specialty.... Read More »
NuvemRx Acquires par8o from R1 RCM

NuvemRx Acquires par8o from R1 RCM

NuvemRx announced that it has acquired the 340B referral capture business formerly known as par8o from R1 RCM. Founded in 2011, par8o is a healthcare technology company specializing in 340B referral capture with expansive integrations with major pharmacy partners. par8o advances access to care for safety-net healthcare organizations by turning eligible outpatient referrals into compliant 340B savings at scale. par8o was acquired by R1 RCM as part of the Cloudmed transaction announced in December 2021. NuvemRx, backed by Parthenon Capital, helps community health providers deliver on their mission by simplifying the complexity of pharmacy operations. NuvemRx provides pharmacy–enablement and... Read More »
McLaren Health Care Buys 11-Clinic Medical Group

McLaren Health Care Buys 11-Clinic Medical Group

Grand Blanc, Michigan-based McLaren Health Care has acquired Clarkston Medical Group (CMG). CMG is a network of primary and specialty care providers with 11 clinics in Oakland County. From pediatrics to adult and geriatric medicine, its providers focus on prevention, chronic disease management and same-day care. McLaren Health Care is a fully integrated health network comprised of 15 hospitals in Michigan and Ohio, a 490-member employed primary and specialty care physician network, outpatient centers, home health and hospice services and medical plans covering more than 588,000 lives in Michigan and Indiana. McLaren HealthCare leaders said CMG will operate within McLaren Community Based... Read More »
Imagen Dental Partners Announces Its First Deal of the Year  

SALT Dental Partners Expands in New York and Virginia 

SALT Dental Partners announced that it expanded its presence in New York and Virginia with the acquisition of the practice of Dr. Julia Cerny and Hampton Oral & Facial Surgery.  Hampton Oral & Facial Surgery operates out of one location in Hamptons, Virginia. According to its website, the practice offers a full scope of dental services and is run by a team of three dentists: Dr. Brad Trotter, Dr. Koby Ferguson and Dr. Kyle Lee.   The practice of Julia Cerny is based in Latham, New York. Dr. Cerny provides the full scope of dental care, and fully joined SALT’s team on February 5, 2026.   Headquartered in Phoenix, Arizona, SALT Dental Partners is a dental... Read More »
Hims & Hers Announces Agreement to Acquire Eucalyptus

Amwell Q4 Revenue Falls 22% Amid DHA Program Cuts

Amwell, a SaaS-based digital health platform for telehealth and hybrid care delivery, released fourth-quarter and full-year 2025 results on February 12, 2026. Top-line contraction stemmed mainly from the elimination of key Defense Health Agency (DHA) programs and attrition of older contracts, while the company narrowed losses through aggressive cost reductions and a strategic shift toward core payor and government clients. Amwell’s results reflect ongoing pressures from government contract changes (particularly DHA programs) offset by expense discipline and a targeted path to cash flow breakeven in Q4 2026. Amwell’s results reflect ongoing pressures from government contract... Read More »
Penn State Health Acquires Surgery Center of Lancaster 

Penn State Health Acquires Surgery Center of Lancaster 

On February 11, Penn State Health announced that it acquired a 100% stake in Surgery Center of Lancaster. Terms were not disclosed.  Since its founding in 2004, the Surgery Center of Lancaster has served the Lancaster, Pennsylvania community as an established outpatient surgery center (OSC) owned by the area’s leading surgeons. It provides pediatric and adult care across ear, nose & throat, ophthalmology and orthopedic services.  Penn State Health is a multi-hospital system serving patients across central Pennsylvania. It includes Penn State Health St. Joseph Medical Center in Reading, Penn State Health Milton S. Hershey Medical Center and Penn State Children’s... Read More »