• PE-Backed Alliant Insurance Services Buys Highpoint Insurance Group in Texas

    Private equity-backed Alliant Insurance Services has purchased a health insurance agency located in Friendswood, Texas. The target, Highpoint Insurance Group, has 44 employees on staff. Alliant Insurance Services is a Newport Beach, California-based distributor of diversified insurance products and services. Alliant’s largest backer is the... Read More »
  • MedEvolve Announces Acquisition by Emergence Software

    Little Rock, Arkansas-based MedEvolve, Inc. announced that it has been acquired by Emergence, an enterprise backed by The Pritzker Organization. The deal was announced on November 11, 2025. Terms were not disclosed. MedEvolve offers AI-powered workflow automation and analytics that optimize the revenue cycle from financial clearance through... Read More »
  • Top Health System Divestments of 2025

    Throughout 2025, several major health systems have been focusing on downsizing their portfolios by divesting hospitals and other lines of business. Some transactions were from systems seeking to pay down debt, others resulted from bankruptcy proceedings and a number from systems exiting non-core markets. In our LevinPro HC database, we have... Read More »
  • Axsome Therapeutics Acquires Baergic Bio 

    Axsome Therapeutics reported on November 5 that it acquired Baergic Bio, Inc. from Avenue Therapeutics for $0.3 million.  Founded in December 2019, Baergic Bio is a clinical-stage pharmaceutical company that focuses on the development of a pharmaceutical product for the treatment of CNS disorders.   Axsome Therapeutics is a... Read More »
  • Ivy Rehab acquires Kinnelon Physical Therapy 

    Ivy Rehab, based in Harrison, New York, announced that it entered into an agreement to acquire Kinnelon Physical Therapy.  Kinnelon Physical Therapy is a rehabilitation and orthopedic provider serving Northern New Jersey for more than 36 years.  Founded in 2003, Ivy Rehab, a portfolio company of middle-market private equity firm Waud... Read More »
Life Sciences R&D M&A Market Overview: Strategic Buyers Amid a Cooling Market

Life Sciences R&D M&A Market Overview: Strategic Buyers Amid a Cooling Market

Despite a recent cooling in Life Sciences R&D, there has been a shift among buyers towards more selective, strategic acquisitions that prioritize quality over quantity. The Life Sciences R&D sector, encompassing clinical trial management, contract research organization (CRO) services and contract development and manufacturing organization (CDMO) capabilities, plays a central role in biopharmaceutical innovation. These providers help drug developers overcome steep costs, lengthy timelines and regulatory hurdles to deliver new therapies to patients. With biopharma companies under pressure to accelerate pipelines amid rising chronic disease burdens and aging populations, outsourcing... Read More »
The IMA Group Expands Clinical Research Division With Chicago Acquisition

The IMA Group Expands Clinical Research Division With Chicago Acquisition

The IMA Group announced on October 8 the acquisition of Chicago Research Center (CRC), an independent clinical research site based in Chicago, Illinois. Founded in 2005, CRC is known for its expertise in Phase I–IV trials, focused on the central nervous system, sleep disorders, mood and memory disorders, pain and general medicine. The company operates a research sleep lab for dedicated use in insomnia, apnea, narcolepsy, restless leg and shift work sleep disorder clinical trials. The IMA Group provides government workers with medical, psychological and related evaluations, as well as ancillary services, assists payers with case management and occupational health management solutions and... Read More »
ACL Digital Acquires New Jersey-based CRO Symbiance

ACL Digital Acquires New Jersey-based CRO Symbiance

San Jose, California-based ACL Digital has announced the acquisition of Princeton, New Jersey-based Symbiance. Financial terms were not disclosed.  Symbiance is a data-driven, technology-enabled contract research organization (CRO) with more than three decades of expertise in clinical data services and operations, medical monitoring, project management, medical writing and pharmacovigilance segments.  ACL Digital, an ALTEN Group company, is a leader in design-led digital transformation, product innovation and engineering services. The company serves clients across life sciences, telecom, media and technology sectors, delivering AI-powered, cloud-native and mobile-ready... Read More »
TEAM Technologies Buys CDMO TAG3 Engineering

TEAM Technologies Buys CDMO TAG3 Engineering

TEAM Technologies has announced the acquisition of TAG3 Engineering LLC. TAG3 brings expanded U.S.-based front-end innovation capabilities to TEAM Tech’s portfolio of specialty manufacturing solutions for the medical device industry.  TAG3 Engineering is a full-service MedTech design, development and manufacturing partner, dedicated to driving innovation in the development of medical devices. TAG3 Engineering partners with inventors, start-ups and medical device companies to accelerate the design and development of their medical devices. TAG3 is ISO 13485-certified and operates a fully equipped 16,000-square-foot facility for design, development and manufacturing in Sunrise,... Read More »