Amulet Capital Partners acquires Alliance Clinical Network

Amulet Capital Partners acquires Alliance Clinical Network

Amulet Capital Partners announced on May 22 its acquisition of Alliance Clinical Network (ACN) for an undisclosed price. According to data captured in the LevinPro HC database, this acquisition marks the 11th clinical trials transaction of the year. Headquartered in Dallas, Texas, ACN is a comprehensive clinical site platform. ACN currently owns and operates six clinical research sites serving patients, leading pharmaceutical sponsors and contract research organizations across three states (California, Nevada and Texas). With a focus on Phase II and Phase III general medicine trials and a demonstrated expertise in enrolling diverse patient populations, ACN services a range of clinical... Read More »
Latus Health Acquires Two U.K.-Based Occupational Health Providers

Latus Health Acquires Two U.K.-Based Occupational Health Providers

Latus Health recently announced the acquisition of ELAS Occupational Health and The Industrial Diagnostics Company (IDC) from Citation Group. According to data captured in the LevinPro HC database, this represents the 12th occupational health deal of 2023. ELAS’ expertise in health surveillance directly complements Latus’ solutions to ensure its current and future customer base has access to a truly holistic solution for all their occupational health needs. ELAS Occupational Health specializes in providing occupational health, employee well-being and health surveillance services to businesses across the United Kingdom. Established in 1994, IDC provides a full remit of occupational health... Read More »
NexPoint Acquires Two Life Science Properties

NexPoint Acquires Two Life Science Properties

NexPoint announced that it acquired two life science properties in Philadelphia from Frontida BioPharm, LLC for an undisclosed price.  The properties were indirectly acquired by NexPoint Life Sciences II DST, a Delaware statutory trust seeking to raise $42 million in equity from accredited investors via a private placement offering. The two properties include nearly 18 acres of land and more than 250,000 square feet of interior space. The first property comprises R&D, production, and warehouse facilities capable of producing three billion tablets and capsules annually. The second property features distribution facilities and packaging capacity for four billion tablets and capsules... Read More »
HCA Expands Acquires 41 FastMed Urgent Care Locations in Texas

HCA Expands Acquires 41 FastMed Urgent Care Locations in Texas

The publicly traded health system HCA Healthcare, Inc. struck a deal to acquire 41 urgent care centers in Texas owned by FastMed. No financial terms were disclosed, but the transaction is expected to close this summer. The agreement includes 19 FastMed and 22 MedPost urgent care centers in Dallas, Austin, San Antonio, Houston, and El Paso. It does not include FastMed’s urgent care locations outside of Texas. According to the press release, once completed, the transaction will expand significantly HCA Healthcare’s urgent care operations, which currently comprise 268 clinics.  In 2022, HCA announced two deals in the urgent care space: Bettermed in Virginia, and following that, MD Now Urgent... Read More »
Ohio Gastroenterology Group Buys $1.5 Million Columbus, Ohio MOB Near Headquarters

Ohio Gastroenterology Group Buys $1.5 Million Columbus, Ohio MOB Near Headquarters

Ohio Gastroenterology Group purchased a medical office building (MOB) near its north Columbus, Ohio headquarters in an effort to support growth. The purchase price for the property was $1.5 million. According to data captured in the LevinPro HC database, this represents the 83rd MOB transaction of 2023. This is a slight increase from last year, when there were 76 MOB deals announced between January 1, 2022, and May 15, 2022. The one-story, 10,576-square-foot MOB sits on less than 1 acre and was built in 1966, according to Franklin County property records. The building was remodeled in 2012. The current tenant is OhioHealth Physician Group Gynecology, which operates a comprehensive... Read More »
Anchor Health Properties Executes Off-Market Transaction of MOB in Atlanta MSA

Anchor Health Properties Executes Off-Market Transaction of MOB in Atlanta MSA

Anchor Health Properties recently closed an off-market transaction involving a three-story, 40,000 square foot Class A medical office building (MOB) and adjacent land site slated for a subsequent Phase II MOB development. Located in the Lawrenceville submarket of Atlanta, Georgia, the properties are strategically positioned in the medical cluster surrounding Northside Hospital Gwinnett, a regional hospital with 353 acute care beds. The 100% leased MOB features anchor tenancy from Northside Health and Fresenius Medical Care. Other key tenancy includes Georgia Nephrology, Palmetto Infusion, Amedisys Home Health and Gwinnett Pediatrics. To optimize the strategic value in the properties, the... Read More »