Move Health Closes Acquisition of Allied Health Clinics in Ontario
Move Health Holdings Corp. announced that it has finalized the terms of its acquisition of 100% of the issued and outstanding shares in PhysioCare and Wellness Clinic Inc and Ortho Neuro PhysioCare Inc. The acquisition grows Move Health’s footprint from three to five clinics and marks the company’s entry into Eastern Canada. The transaction of approximately $1.88 million comprised 85% common shares of Move Health and 15% cash consideration. Immediately accretive to Move Health, the acquisition is expected to add more than $2 million in revenue and more than 14.5% EBITDA in the first year and in advance of any operational synergies and financial efficiencies. PhysioCare and Wellness Clinic... Read More »
GEODIS Acquires trans-o-flex
GEODIS announced on March 7 that it acquired trans-o-flex, a leading network for temperature-controlled pharmaceutical goods and express premium delivery. trans-o-flex is based in Weinheim, Germany and has locations across Germany as well as in Austria. It was founded in 1971. GEODIS is a leading supply chain operator based in France. Its international reach includes a direct presence in 67 countries and a global network spanning more than 120 countries. This acquisition will establish GEODIS as one of the most prominent players in the key market of healthcare and will significantly enhance its delivery capabilities in Europe. The financial terms of the acquisition were not disclosed.... Read More »
Flagship Healthcare Properties Acquires MOB in Winter Garden
Charlotte, North Carolina-based Flagship Healthcare Properties is bolstering its portfolio in central Florida with its latest acquisition of a newly built, Class A medical office building (MOB) located in Winter Garden, Florida. The property was acquired through Flagship Healthcare Properties‘ private real estate investment trust, Flagship Healthcare Trust. Flagship Healthcare Properties will also provide property management and asset management services for the property. Terms of the deal were not disclosed. The 23,241-square-foot property is anchored by AdventHealth Well 65+, a primary care practice. The MOB benefits from nearby hospital systems such as AdventHealth Winter Garden and... Read More »
Next Move Healthcare Acquires Kansas City-Based Prime Surgical Associates
Next Move Healthcare, a Kansas City-based clinical talent and travel nurse staffing provider, acquired Prime Surgical Associates, a specialty surgical staffing firm based in Kansas City that provides trained surgical assistants to surgeons. The acquisition of Prime Surgical Associates will bring Next Move Healthcare into the perioperative and surgical staffing space as demand for skilled healthcare workers becomes stronger. Prime Surgical Associates will continue to operate independently under its current name as a wholly-owned subsidiary of Next Move Healthcare, supporting hospitals and physician groups through its perioperative staffing solutions. Terms of the deal were not disclosed.... Read More »