ZT Corporate-Backed Altus Community Healthcare Acquires Exceptional Emergency Center
ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, announced on June 16 that its portfolio company, Altus Community Healthcare, acquired Exceptional Emergency Center. Exceptional Emergency Center is a community based provider of freestanding emergency centers operating 14 locations across Texas. The company has locations in Beaumont, Orange, Port Arthur, Harlingen, Livingston, Brownsville, Amarillo, Lubbock, Tyler, Fort Worth and Garland. Altus Community Healthcare is an integrated network of hospitals, care centers, physicians and services providing affordable patient care across Texas. Atlus operates six locations in Austin, in addition to four... Read More »
Montecito Medical Acquires Northway Surgery and Pain Center Property for $5.5 Million
Medical real estate investment firm Montecito Medical announced its acquisition of the Northway Surgery and Pain Center property in Clifton Park, New York for $5.5 million. The 10,000-square-foot Northway Surgery and Pain Center building was constructed in 2014 for around $1 million. Northway Surgery is a joint venture between physicians at Albany & Saratoga Centers for Pain Management and New York Pain Management. The price is $550 per square foot. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5.1 billion in medical real estate. This is Montecito’s... Read More »
Australian Pharmaceutical Industries Acquires InstantScripts
Australian Pharmaceutical Industries (API), a wholly-owned subsidiary of Wesfarmers Limited since March 2022, is buying local telehealth business InstantScripts for A$135 million ($91 million). InstantScripts will become part of the Wesfarmers Health division, which has increased its focus on digital health since it formed in March 2022. Founded in 2018, InstantScripts is an online health clinic offering a range of digital services, including telehealth consultations, online prescriptions, medical certificates, blood test requests, health management plans and specialist referrals. The company also operates InstantCosmetics, which provides prescribing services and offers injectable products... Read More »
Ampersand Capital Partners Makes Growth Investment in NanoImaging Services
Ampersand Capital Partners has made a growth equity investment in NanoImaging Services, a leading provider of cryo-electron microscopy (cryo-EM) services to the pharmaceutical and biotechnology communities. Members of the NanoImaging Services management team joined Ampersand in the financing. NanoImaging Services will use this investment to support its worldwide growth initiatives, including expanding microscope capacity and adding complementary services to further serve the needs of existing and future customers. Financial terms of the deal were not disclosed. NanoImaging Services is a specialty contract research organization (CRO) that helps biopharma companies harness the power of... Read More »
Montecito Medical Acquires Two New Jersey MOBs
Montecito Medical Real Estate has acquired two medical office buildings (MOBs) in Livingston and New Providence, New Jersey from The Silverman Group. The two MOBs provide a range of medical services, including pediatrics, neurology, dermatology and radiology. The MOBs are fully leased to Summit Health, a healthcare provider serving the local communities. This acquisition marks Montecito’s entry into the New Jersey market. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5 billion in medical real estate. The seller was represented by Cushman & Wakefield. The... Read More »Schedule a demo
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