• Bradford Health Services Acquires Parkdale Center 

    Bradford Health Services has entered into an agreement to acquire Parkdale Center, a leading addiction treatment provider in Chesterton, Indiana.  Parkdale Center is widely renowned for its specialized Professionals Program serving healthcare providers, attorneys, executives, aviation professionals, first responders and other licensed... Read More »
  • RevSpring Acquires TrustCommerce 

    On February 20, RevSpring reported that it acquired TrustCommerce. The seller was Waud Capital Partners, who initially purchased the company in 2017.  FT Partners served as the exclusive strategic and financial advisor to TrustCommerce. Financial terms of the deal were not disclosed.  TrustCommerce is a leading financial technology... Read More »
  • Istios Health Expands into the Nephrology Field  

    On February 19, Istios Health reported that it was expanding its services into the nephrology field with the acquisition of three practices: Central Mass Nephrology, Teredesai McCann & Associates and Coordinated Kidney Care Group. Terms were not disclosed.   Central Mass Nephrology is a nephrology practice based out of nine clinic locations... Read More »
  • Swiss Rockets AG Acquires Complete Genomics 

    Swiss Rockets AG, based in Basel, Switzerland, announced on February 23 that it entered into a definitive agreement to acquire Complete Genomics, Inc.   Complete Genomics is a leader in whole human genomic sequencing, which is used by research centers to conduct medical research that, in the future, is expected to be used to improve... Read More »
  • Specialty1 Partners Announces Second Acquisition of 2025 

    Triumphant Transition Partners announced that it acted as an advisor to Dr. Francisco Perez as he joined Specialty1 Partners.  The practice of Dr. Francisco Perez is based in Edinburg, Texas. Dr. Perez, an oral and maxillofacial surgeon, is the only physician on staff.  Specialty1 Partners, backed by private equity firm VSS Capital Partners,... Read More »
Evolent Health Acquires IPG in $375 Million Sale

Evolent Health Acquires IPG in $375 Million Sale

Evolent Health, Inc., a managed care company, announced it acquired IPG, a provider of surgical cost management solutions, for $375 million. The seller was TPG Growth.  Founded in 2011, Evolent Health is based in Arlington, Virginia, and provides an integrated, value-based care platform to health systems and physician organizations nationwide.  IPG works with health plans, providers, surgical facilities, device manufacturers and patients to improve quality and reduce costs for surgical procedures through optimization of care and device selection. It was founded in 2004 and is based in Alpharetta, Georgia.  The acquisition of IPG will expand Evolent’s specialty... Read More »
UnitedHealth Group’s Optum Acquires EMIS Group For $1.5 Billion

UnitedHealth Group’s Optum Acquires EMIS Group For $1.5 Billion

Optum, a subsidiary of UnitedHealth Group since 2011, has announced the purchase of EMIS Group, a UK healthcare technology company, for approximately $1.5 billion USD, or £1.24 billion, in an all-cash transaction. An affiliate of UnitedHealth’s Optum, Bordeaux UK Holdings II Limited, has offered £1,925 per share in cash, reflecting a 49% premium to EMIS’ closing price on June 16. Optum UK CEO Rob Sergeant said in a statement the deal to acquire EMIS will bring more advanced technology solutions and capabilities to the UK’s National Health Service and general practitioners. EMIS Group is a provider of healthcare software, information technology and related services in the UK. EMIS... Read More »
Bain Capital Makes First Investment in Healthcare AI

Bain Capital Makes First Investment in Healthcare AI

Bain Capital announced, on June 6, that it acquired a majority stake in LeanTaaS.  LeanTaaS develops software that combines predictive analytics and machine learning to help optimize how health systems use resources like infusion chairs, operating rooms and inpatient beds. Founded in 2010 and headquartered in Santa Clara, California, LeanTaaS works with more than 500 hospitals and 130 health systems across the U.S. Bain’s investment will allow LeanTaaS to expand its technology capabilities. The purchase of LeanTaaS is Bain’s first venture into healthcare AI. Insight Partners and the growth equity business within Goldman Sachs Asset Management will each retain minority stakes in... Read More »
Evolent Health Acquires IPG in $375 Million Sale

BD Enters New Pharmacy Automation Solutions Market With Parata Systems Acquisition

On June 6, Becton, Dickinson and Company (BD), a leading global medical technology company, entered into a definitive agreement to acquire Parata Systems, an innovative provider of pharmacy automation solutions, for $1.53 billion from leading private equity firm Frazier Healthcare Partners. The transaction will be complementary to BD’s solutions in medication management with a new set of technologies across the care continuum, including acute care health systems, retail pharmacies, long-term care and home settings. Ropes & Gray LLP advised Becton, Dickinson and Company in the acquisition. Parata provides BD access to a new $600 million pharmacy automation market segment that is... Read More »
Planet DDS Announces Significant Investment from Aquiline Capital Partners

Planet DDS Announces Significant Investment from Aquiline Capital Partners

On June 1, Planet DDS, a leading provider of cloud-based software solutions for dental practices in North America, announced a definitive agreement to be recapitalized by New York-based private equity firm Aquiline Capital Partners LLC. In conjunction with Aquiline’s investment, Level Equity Management, LLC, a New York-based private investment firm, will invest additional capital. The investments from Aquiline and Level Equity will be used to accelerate the company’s growth plans. SVB Securities acted as exclusive financial advisor to Planet DDS and Level Equity Management. Goodwin Procter LLP acted as legal advisor to Planet DDS and Level Equity Management, and Ropes &... Read More »
OncoHealth Secures Strategic Investment from Arsenal Capital Partners & McKesson Corporation

OncoHealth Secures Strategic Investment from Arsenal Capital Partners & McKesson Corporation

OncoHealth, the leading digital health company dedicated to oncology, announced on Monday it has received strategic investments from Arsenal Capital Partners, a private equity firm specializing in building transformational healthcare businesses, and from McKesson Corporation. The investments will support OncoHealth’s innovation and delivery of its oncology-specific digital health solutions for people with cancer, and Arsenal will take a majority ownership stake in the business. Financial terms were not disclosed. OncoHealth helps health plans, employers, providers, patients and life science researchers navigate the physical, mental and financial complexities of cancer through... Read More »