Healthcare Subsectors Drive Double-Digit M&A Decline in 2023
There is no shortage of subsectors contributing to the overall double-digit percentage decline in healthcare M&A activity in 2023. According to the LevinPro HC database, there have been 1,299 healthcare M&A deals this year through July 31. This represents an 12% drop compared with the 1,481 transactions recorded during the same period in 2022. The 2023 total represents a 5% increase from the 1,240 deals posted in 2021 through July 31. Some of the subsectors that have contributed to the M&A activity decline this year include Contract Development Manufacturing Organizations (CDMO), healthcare staffing firms, infusion services companies, primary & value-based care... Read More »
Montecito Medical Acquires Chapel Hill, NC MOB
Montecito Medical Real Estate announced on August 28 its acquisition of an 11,515-square-foot medical building in Chapel Hill, North Carolina for an undisclosed price. The two-story MOB is fully occupied and tenanted to the UNC Physicians Network, part of UNC Health, which uses the property as an internal medicine clinic. UNC Health is one of the nation’s leading academic healthcare systems, with more than 33,000 employees providing care to patients in all of North Carolina’s 100 counties through its 11 hospitals and hundreds of clinical practices. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions... Read More »
FFL Partners Completes Growth Investment in Johnson County Clin-Trials
FFL Partners announced that it has completed a growth investment in Johnson County Clin-Trials (JCCT). According to data captured in the LevinPro HC database, this transaction represents the 20th clinical trials acquisition of 2023. Financial terms of the private transaction were not disclosed. JCCT is a clinical research site platform serving pharmaceutical and biotechnology companies and contract research organizations. Headquartered in Lenexa, Kansas, JCCT specializes in Phase I – IV clinical trials, encompassing both healthy volunteers and special populations. Since its inception in 2005, the company has concluded approximately 300 clinical trials, engaging more than 15,000... Read More »
Gruppo San Donato Acquires American Heart of Poland
Gruppo San Donato announced on August 25 its acquisition of American Heart of Poland, a health clinic with various locations across Poland. GKSD partnered with Gruppo San Donato for this transaction. American Heart of Poland manages more than 20 medical centers specializing in cardiology, cardio-surgery and vascular surgery. Gruppo San Donato is Italy’s largest private healthcare group with 56 medical sites. It has more than 5,500 beds. According to Masroor Haq, Head of Strategic Investments at investment manager GSKD, the transaction values American Heart of Poland at more than $539 million (€500 million). Mr. Haq also said that, following the completion of the... Read More »
RQM+ Acquires Germany-Based CRO Kottmann
RQM+ announced on August 28 its acquisition of CRO Kottmann for an undisclosed price. According to data captured in the LevinPro HC database, this transaction marks the 25th contract research organization (CRO) acquisition of 2023. CRO Kottmann is an international CRO based in Germany. The company conducts clinical studies with medical devices, in vitro diagnostics and pharmaceuticals. In addition to full service, CRO Kottmann also offers individual services such as the creation of databases, statistical evaluations and clinical monitoring for studies. RQM+ provides regulatory and quality solutions that accelerate the success of medical device companies. The company also... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
