On January 9 it was announced that Albaron Partners LP, a middle market private equity firm, was selling Albaron Podiatry Holdings LLC d/b/a Beyond Podiatry to CUC, Inc. The transaction was valued at $87 million.
Beyond Podiatry is one of the largest podiatry practice management organizations in the Midwest. In 2022 and 2023, the company purchased one practice each year.
CUC is a publicly traded Japanese company that offers healthcare services in Asia and across the globe. It provides hospital care, dialysis care, visiting nurses and home hospices services, as well as management support services for healthcare institutions.
This is the first U.S. acquisition for CUC. According to the press release, this is also the first private equity exit in the podiatry space in 2024.
According to data captured in the LevinPro HC database, this deal is the 11th Physician Medical Groups transaction of 2024, and the second in the management services organization specialty.
