DRI Healthcare Trust Acquires Interest in KalVista Pharmaceuticals’ Sebetralstat for $100 Million 

DRI Healthcare Trust Acquires Interest in KalVista Pharmaceuticals’ Sebetralstat for $100 Million 

On November 4, DRI Healthcare Trust announced that it acquired the royalty interest in Sebetralstat, a novel investigational candidate for the oral, on-demand treatment of hereditary angioedema from KalVista Pharmaceuticals, Inc.  Sebetralstat is under regulatory review by the FDA with a Prescription Drug User Fee Act goal date of June 17, 2025. KalVista Pharmaceuticals, Inc. is a global pharmaceutical company.  DRI Healthcare Trust is a healthcare royalty investment company based in Toronto. The company is managed by DRI Capital, a Canadian healthcare royalty private equity firm. Since its initial public offering in 2021, DRI has deployed more than $1 billion, acquiring more... Read More »
OrthoIndy and Indiana Hand to Shoulder Center Announce Merger 

OrthoIndy and Indiana Hand to Shoulder Center Announce Merger 

On October 30, OrthoIndy announced that it was purchasing Indiana Hand to Shoulder Center for an undisclosed amount.   Indiana Hand to Shoulder Center is an orthopedic practice with 10 locations across Indiana. According to its website, there are 12 physicians on staff.  OrthoIndy is an orthopedic practice based in Indiana. With more than 85 physicians on staff, the practice operates out of 13 locations across the state.   “This alignment works to ensure that we will continue to serve the community’s orthopedic needs as an independent physician practice, which we believe is vital to Indiana’s healthcare ecosystem,” said John Ryan, CEO of OrthoIndy. “In a world... Read More »
The Current State of the Healthcare Investment Market: Insights from the McGuireWoods Healthcare Finance and Growth Conference

The Current State of the Healthcare Investment Market: Insights from the McGuireWoods Healthcare Finance and Growth Conference

McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference brought together more than 200 healthcare leaders to explore the latest developments and challenges shaping the industry in 2024 and beyond. Through a combination of in-depth panels and engaging networking sessions, attendees had the opportunity to connect with industry peers and gain insights into emerging trends and sectors, from the future of telehealth to the evolving role of value-based care in driving healthcare outcomes. With 15 panels and 57 speakers, the conference covered a wide array of topics, offering actionable strategies for navigating the current and evolving healthcare investment market landscape. On day... Read More »
Empowering Women in Private Equity: Insights from Cara Reymann at McGuireWoods Conference

Empowering Women in Private Equity: Insights from Cara Reymann at McGuireWoods Conference

It was a rainy day in Charlotte, North Carolina, when a group of women gathered to discuss their roles in private equity and finance at McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference. The team at LevinPro HC sat down with Cara Reymann, CEO of First Fertility and one of the keynote speakers at the conference. The company helps patients on their fertility journey through more than 35 fertility practices and centers across the United States. With more than 20 years of executive experience in healthcare services, Reymann previously served as president of Fertilitas, a company that operates a network of fertility clinics across the country. Her keynote address at the Women... Read More »
MB2 Dental Acquires Four Dental Practices 

MB2 Dental Acquires Four Dental Practices 

On October 29, MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, announced that it acquired four dental practices.   Cypress Creek Dental, a cosmetic and family dentistry practice, operates out of one location in Florence, Alabama. According to its website, the dental practice has two physicians on staff: Drs. Tia Kennedy and Whitney Flippo.  Adult & Pediatric Dental Studio is based in Manalapan Township, New Jersey. According to its website, there are six providers on staff.  Based in Copperas Cove, Texas, Cove Family Dental is a sleep and implant dentistry practice. According to its... Read More »
VitalHub Announces Acquisition of Strata Health

VitalHub Announces Acquisition of Strata Health

VitalHub Corp. announced that it has acquired Strata Health Solutions Inc., a leading provider of patient flow solutions internationally. Strata Health is being purchased for a total up-front consideration of $32.3 million CAD (approximately $23.3 million USD), plus potential performance-based consideration. Based in Calgary, Canada, Strata Health designs, builds and deploys software that improves access and navigation to care. Strata Health has more than 80 health system partners and works with more than 500 hospitals to provide more than 800,000 patient transitions annually. The company serves customers in Canada, the United States, the United Kingdom and New Zealand with offices... Read More »
Highbar Physical Therapy Expands in Massachusetts With Peak Physical Therapy and Sports Performance

Highbar Physical Therapy Expands in Massachusetts With Peak Physical Therapy and Sports Performance

Highbar Physical Therapy announced on October 30 its partnership with Peak Physical Therapy and Sports Performance (Peak), a 10-location physical therapy practice in Massachusetts. Highbar Physical Therapy, formerly Performance Physical Therapy, is a physical therapy practice with clinics in more than 23 communities across Rhode Island and Southeastern Massachusetts. “Partnering with Highbar Physical Therapy represents an exciting new chapter for Peak Physical Therapy,” said Eric Edelman PT, Founder of Peak Physical Therapy and Sports Performance. “Our commitment has always been to deliver exceptional care and foster strong community connections. This collaboration will... Read More »
Lumia Care Expands into South Australia With Pop-Up Health Acquisition

Lumia Care Expands into South Australia With Pop-Up Health Acquisition

On October 30, Lumia Care announced that it has expanded into South Australia through its acquisition of Pop-Up Health. Founded in 2012, Pop-Up Health serves more than 400 South Australians daily with in-home and specialty healthcare. Lumia Care is an Australian healthcare group offering homecare services with personalized care plans, including assistance with daily activities and medical care, to support individuals at home. The Pop-Up Health acquisition brings 330 new nurses and care workers to Lumia’s network, extending its reach and service offerings across Australia. By joining Lumia, Pop-Up Health benefits from a national platform that supports local expertise with additional... Read More »
Francisco Partners to Acquire AdvancedMD from Global Payments

Francisco Partners to Acquire AdvancedMD from Global Payments

Francisco Partners announced on October 30 that it signed a definitive agreement to acquire AdvancedMD from Global Payments, Inc., a leading worldwide provider of payment technology and software solutions. Founded in 1999, AdvancedMD provides a cloud native medical office software platform that unifies practice management, electronic health record, patient engagement and payments software solutions. AdvancedMD’s end-to-end practice and patient workflow solutions help healthcare practices, independent physicians and medical billers optimize operations, reduce administrative burdens, manage higher patient encounters and improve patient outcomes. Francisco Partners is a private equity firm... Read More »
Physician Partners of America Acquires M.I. Spine and Joint Care 

Physician Partners of America Acquires M.I. Spine and Joint Care 

On October 28, Physician Partners of America (PPOA) announced that it acquired M.I. Spine and Joint Care for an undisclosed price.   M.I. Spine and Joint Care is a Prosper, Texas-based medical group known for its specialized care in spine and joint conditions. According to the website, the practice has one provider on staff.  PPOA is a national healthcare company that manages a wide range of medical practices, which include interventional pain management; laser-assisted, minimally invasive spinal procedures; orthopedics; psychology; personal injury; worker’s compensation and ambulatory surgery centers.  The acquisition, which went into effect on October 16, 2024,... Read More »