On Friday, Specialty Networks, LLC, a portfolio company of private equity firm Linden Capital Partners, announced the acquisition of Gastrologix, LLC, a GI-specific group purchasing organization (GPO) with more than 470 independent physician practice locations and 2,300 providers in its network. Terms of the deal were not disclosed.
Haverford Healthcare Advisors served as M&A advisor, and Saxton & Stump served as legal advisor to Gastrologix. Katten Muchin Rosenman, LLC served as legal advisor to Specialty Networks.
Specialty Networks, LLC is an integrated, multi-specialty platform with GPOs, life sciences and research solutions in gastroenterology, urology and rheumatology. The company’s solutions include patient population health management, patient engagement, clinical research and workflow automation technologies. Specialty Networks serves a network consisting of more than 11,000 providers.
According to the LevinPro HC database, this marks Specialty Networks’ second acquisition of the year. In April 2022 the company acquired United Rheumatology, a rheumatology-focused GPO and real-world evidence data and analytics company with 635 active independent Rheumatology providers in its network.
