by Avery Swett | Nov 1, 2022 4:22 pm | Healthcare Market Updates, Home Health & Hospice
Addus HomeCare Corp., a provider of home care services, announced its financial results for the third quarter ended September 30, 2022. Despite staffing and Omicron-related headwinds, the company still reported revenue growth of 11% over the third quarter of 2021.... Read More »
by Avery Swett | Nov 1, 2022 11:26 am | Medical Office Buildings, Private Equity
Through the first half of 2022, the medical office building (MOB) space had been busy, creating near-record breaking deal volume. As one of the most active markets, many people, us included, have considered it to be impervious to recession or economic stress. But, as... Read More »
by Avery Swett | Oct 31, 2022 1:13 pm | Behavioral Health Care, Private Equity
ARC Health, a Thurston Group portfolio company, has announced the acquisition of Focus Forward Counseling & Consulting, Inc. (FFCC), a multilingual therapy practice with two locations in the Atlanta, Georgia area. This marks ARC Health’s third acquisition of... Read More »
by Avery Swett | Oct 31, 2022 9:55 am | Laboratories, MRI & Dialysis, Private Equity
Thermo Fisher Scientific Inc. announced its acquisition of The Binding Site Group, a global specialist protein diagnostics company, from a shareholder group led by European private equity firm Nordic Capital, in an all-cash transaction valued at £2.25 billion, or $2.6... Read More »
by Avery Swett | Oct 28, 2022 1:37 pm | Behavioral Health Care, Private Equity
New York-based private equity firm Lee Equity Partners announced its acquisition of a majority ownership interest in Bradford Health Services, a substance use disorder treatment and recovery services provider in Birmingham, Alabama. Lee Equity acquired the company... Read More »