The Other Services sector is comprised of mainly ancillary services that can be vital to a number of other sectors, including contract research organizations, healthcare staffing firms, medical office building transactions, urgent care centers, and more. The Other Services sector continues to become more and more diverse, as new industries arise, such as alternative medicine and cannabis distribution, and HealthcareMandA.com helps readers stay up-to-date on these niche but important industries. HealthCareMandA.com is devoted to healthcare merger and acquisition data for the serious analyst and investor for 13 healthcare markets. Every day, this service alerts you to developments in all the key segments of the health care service and technology markets, including Hospitals, Physician Medical Groups, eHealth, Long-Term Care, and more. Our readers have access to exclusive digital content and breaking news and live webinars featuring members of our editorial staff and industry experts.
Guardian Pharmacy of Jacksonville, a locally owned member of Atlanta-based Guardian Pharmacy Services, has acquired the long-term care division of Atkinson’s Pharmacy, which offers compound and specialty pharmacy services for the long-term care industry, including an electronic medical records system for clients. Terms of the deal were not disclosed. Guardian Pharmacy Services is one of […]
The Greater New York Hospital Association (GNYHA) announced last week it sold Acurity, Inc., a regional group purchasing organization (GPO) to Premier Inc. (NASDAQ: PINC). The deal also included Nexera, a hospital financial improvement consulting firm. Premier spent $291.5 million for both businesses, comprised of approximately $166.1 million in cash at closing and an additional […]
Catalent, Inc. (NYSE: CTLT) announced a $315 million deal for MaSTherCell Global, a technology-focused cell and gene therapy contract development and manufacturing organization based in Gosselies, Belgium. It is backed by Great Point Partners, SFPI-FPIM (the Belgian Federal Holdings and Investment Company) and Orgenesis Inc. (NASDAQ: ORGS). This is the Somerset, New Jersey-based CRO’s fifth […]
2020 has just begun, which means it’s time to look back at the healthcare M&A landscape of 2019. Just three days into the new year, nearly 1,780 deals are already on the books for 2019. More deals will turn up as we search our many sources, but the number likely won’t top the record of […]
In early November, Diplomat Pharmacy, Inc. (NYSE: DPLO) revealed some troubling news. The company reported a net loss of $177.3 million in its third-quarter earnings report, its third in a row, and issued a “going concern” warning. Shares dropped 50% (from $6.20 to $3.10) that morning. Brian Griffin, chairman and CEO of Diplomat, cited industry […]
Leonard Green & Partners, L.P won the auction to acquire WIRB-Copernicus Group (WCG) from Arsenal Capital Partners for $3 billion. The purchase value was originally reported in PE Hub Buyouts. WCG is a clinical services organization that enables biopharmaceutical companies, contract research organizations and institutions to accelerate the delivery of new treatments and therapies to patients. […]
Welltower Inc. (NYSE: WELL), one of the largest diversified healthcare REITs, is mixing up its medical office building portfolio. Although Welltower is incredibly active in the Long-Term Care sector with its post-acute care facility portfolio, its MOB portfolio is worth highlighting. So far this year, the company has announced $3.5 billion worth of outpatient medical […]
In the first week of November, BioAgilytix Labs, LLC, a portfolio company of Riverside Partners, purchased Cambridge Biomedical. Both Cambridge and BioAgilytix are contract research organizations (CROs) that develop novel therapeutic biologics and biosimilars, specializing in large molecule bioanalysis. The transaction expands BioAgilytix’s global footprint and adds further capacity by joining Cambridge Biomedical’s CLIA-certified, CAP-accredited, […]
It’s been a quiet 18 months for Express Scripts, since its $67 acquisition by Cigna Corporation (NYSE: CI) back in March 2018, but the company is back in the M&A market. Last week, the pharmacy benefits manager (PBM) announced it bought Verity Solutions from Ignitions Partners. Verity provides 340B solutions to hundreds of integrated healthcare systems, […]
Cinven, the London-based private equity firm, struck a deal last week to acquire National Seating & Mobility (NMS) from Court Square Capital Partners. The sale, which was valued at $850 million by sources cited in PEHub Buyouts, resulted from a Harris Williams-run auction that began in August. Court Square Capital bought it from Wellspring Capital […]
