The Walk-In Medical Clinic of Linden Acquires Averett Medical Group
The Walk-In Medical Clinic of Linden has acquired Averett Medical Group in Linden, Tennessee. According to data captured in the LevinPro HC database, this transaction represents the 30th health clinic acquisition of 2023. Averett Medical Group is physician-owned medical clinic offering services to walk-in and appointment patients alike. The clinic offers a diverse range of services from primary care to specialty and sub-specialty care. The Walk-In Medical Clinic of Linden is a Medicare-certified rural health clinic that has been providing the residents of Perry County with healthcare for all ages since 2013. The entire staff of Averett Medical Group will combine with the... Read More »
PE-Backed Everest Clinical Research Acquires August Research
Everest Clinical Research, a portfolio company of Washington, D.C.-based private equity firm Arlington Capital Partners, announced on November 7 that it acquired Sofia, Bulgaria-based August Research. August Research is a contract research organization (CRO) that provides clinical trial services (CTS) and pharmacovigilance services to a variety of pharmaceutical and biotechnology clients. The CRO has worked on more than 120 projects for Phase I-IV clinical trials across multiple therapeutic areas including cardiovascular, infectious disease, oncology and rare disease. Everest Clinical Research is a full-service CRO providing a range of expertise-based clinical research services... Read More »
Palm Medical Centers Acquires Primary Care Clinic in Oviedo, Florida
Palm Medical Centers, a portfolio company of MBF Healthcare Partners II, L.P., has announced its acquisition of Amana Medical Center P.A. in Oviedo, Florida. Amana Medical Center is a primary care clinic. The clinic is led by Dr. Jamal Abusuwa, a primary care physician with more than 20 years of experience with managed care programs. Palm Medical Centers is a provider of value-based primary care services. The company also coordinates cardiology, dentistry, optometry, pediatrics, podiatry, psychiatry and other specialist services. Operating a network of 36 medical centers across nine counties in Florida, Palm Medical Centers serves more than 50,000 Medicare Advantage and managed... Read More »
JLL Report: 2023 Life Sciences Industry and Real Estate Perspective
Recently, JLL released a report titled, “2023 Life Sciences Industry and Real Estate Perspective: Assessing the future landscape for biopharma, medtech and biomanufacturing” that explores the real estate landscape of technology sectors. According to data captured in the LevinPro HC database, JLL has advised on 24 transactions in 2023. Of those, there were 19 medical office buildings, two inpatient behavioral health hospitals, one ambulatory surgery center and one acute care facility. In total, the 50 facilities consist of more than 4.2 million square feet. The report was broken down into multiple sections that looked at various elements of the market. Below, we’ve summarized each... Read More »
