Irwin Naturals completed its acquisition of KHC Capital Group, LLC, which owns a chain of five ketamine treatment clinics in Florida plus an additional partnership contract with an affiliate clinic in Mexico. Financial terms of the transaction were not disclosed.
The addition of the new ketamine clinic to Irwin Natural’s expanding footprint positions Irwin Naturals well for accelerated profit growth. This acquisition also marks Irwin Natural’s second announced deal of the month, after the nutraceuticals (natural products and supplements) company acquired New England Ketamine PLLC, a healthcare clinic in Salem, New Hampshire that provides ketamine infusions to the residents of New Hampshire, Vermont, Maine, Massachusetts, Rhode Island and Connecticut.
According to the LevinPro HC database, this marks the 211th Other Services deal since the start of 2022, as well as the 12th infusion services deal of the year. Irwin Naturals is the second largest acquirer in the space, second only to Dynamic Infusion Therapy (DIT), which has made three acquisitions during 2022, so far. In January, DIT acquired Tulsa, Oklahoma-based Lifeline PICC, followed by AccessRN, both for undisclosed sums. Two months later, in March, DIT acquired Vascular Access Consultants, increasing its services to more than 20 states and more than 1,500 healthcare facilities.
Irwin Naturals Inc. is a nutraceuticals (natural products and supplements) company with headquarters in the Silicon Beach area of Los Angeles. Its growing portfolio of products is available in more than 100,000 retail locations across North America. Its rapidly growing national chain of psychedelic mental health clinics is called Irwin Naturals Emergence.
