by Avery Swett | Nov 22, 2022 11:02 am | CDMO, Other Services, Private Equity
ARCH Medical Solutions, a platform company of middle-market private equity firm The Jordan Company, announced on November 21 its acquisition of Alpha Manufacturing & Design. The acquisition adds to the depth and breadth of the ARCH Medical portfolio of... Read More »
by Avery Swett | Nov 21, 2022 4:05 pm | Healthcare Market Updates
It’s been a turbulent earnings season. Although some companies are thriving, inflation, reimbursement changes, labor shortages and other headwinds have hit every organization across the board. Some companies, like American Well Corp (Amwell) (NYSE: AMWL), U.S.... Read More »
by Avery Swett | Nov 21, 2022 12:05 pm | Biotechnology
Merck & Co., Inc. has entered into a definitive agreement under which Merck, through a subsidiary, will acquire Imago BioSciences, Inc. for $36.00 per share in cash for an approximate total equity value of $1.35 billion. The transaction is expected to close in the... Read More »
by Avery Swett | Nov 18, 2022 12:15 pm | Home Health & Hospice, Private Equity
Kain Capital LLC, a New York-based private equity firm, announced on November 18th both the formation of a new holding company for hospice investments, PERA Holdings, and the completion of the new platform’s acquisition of a majority stake in Hospice Care of America... Read More »
by Avery Swett | Nov 18, 2022 12:12 pm | Medical Office Buildings, Other Services
Montecito Medical has completed the acquisition of a women’s health medical office building (MOB) in Lynchburg, Virginia. The property, which offers 21,657 square feet, is 100% occupied under a long-term lease by Women’s Health of Central Virginia. The acquisition... Read More »