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BioTouch Acquires Titan Solutions

BioTouch Acquires Titan Solutions

by | Mar 2, 2023 12:11 pm | Other Services

West Haven, Connecticut-based BioTouch has acquired Titan Solutions, which is located in Shannon, Ireland. The acquisition will expand the international capabilities of BioTouch and enhance its position as a global leader in healthcare supply chain management, providing solutions for more than 160 countries. Terms of the deal were not disclosed. Titan Solutions is a supply chain solutions provider to a range of industry verticals including life science. BioTouch offers technology and customized software that allows for real-time ordering and tracking of courier and specimen locations and route optimization. According to data captured in the LevinPro HC database, this acquisition represents... Read More »
TriasMD Acquires Southern California Ambulatory Surgery Center

TriasMD Acquires Southern California Ambulatory Surgery Center

by | Feb 28, 2023 12:44 pm | Ambulatory Surgery Centers, Other Services

TriasMD announced on February 28 its acquisition of Gateway Surgery Center, an ambulatory surgery center (ASC) in Santa Clarita, California. The move delivers on TriasMD’s promise to expand the data/evidence-driven ambulatory surgery center (ASC) model created by DISC Sports & Spine Center. With the addition of this ASC, DISC is expanding its reach, building on the patient community it has established in Orange County. As part of the acquisition, TriasMD becomes managing partner of the facility – to be renamed DISC Surgery Center at Gateway – and will work with its physician partners to integrate DISC’s standards in the form of protocols, state-of-the-art equipment and... Read More »
RX Health and Science Trust Acquire Atlanta Medical Office Building

RX Health and Science Trust Acquire Atlanta Medical Office Building

by | Feb 27, 2023 4:03 pm | Medical Office Buildings

RX Health and Science Trust (RXHST) announced that it acquired a four-building medical office building (MOB) in Atlanta, Georgia.  The property, called Union Park, consists of more than 178,000 square feet. This acquisition brings RXHST’s portfolio to 11 medical office buildings with more than 580,000 square feet. The financial terms of the acquisition were not disclosed. Founded in 2022 and based in Chicago, Illinois, RXHST is a private REIT focused on the investment, development and operation of medical office facilities across the U.S. According to data captured in the LevinPro HC database, this marks the 38th MOB transaction of 2023.  Read More »
Apax Partners Acquires French CRO Porsolt

Apax Partners Acquires French CRO Porsolt

by | Feb 21, 2023 12:48 pm | CRO, Other Services, Private Equity

Apax Partners, a London-based private equity firm, announced on February 21 that it acquired a majority stake in Porsolt, a global preclinical contract research organization (CRO) located in Le Genest-Saint-Isle, France. This partnership will enhance Porsolt’s service offering and expand its portfolio and capabilities for drug screening, efficacy and safety for clients worldwide. Terms of the deal were not disclosed. Porsolt works with pharmaceutical and biotechnology companies, academic institutes and not-for-profit organizations, offering specialized preclinical testing services across many disease areas, physiological systems and processes. The funds managed and advised by Apax... Read More »
JLL Capital Markets Announces Sale of Erie, Colorado Medical Office Building

JLL Capital Markets Announces Sale of Erie, Colorado Medical Office Building

by | Feb 21, 2023 11:40 am | Medical Office Buildings

On February 21, JLL Capital Markets announced that it closed on the sale of an Erie, Colorado medical office building (MOB). An undisclosed Arizona-based private real estate company bought the facility. The 8,000-square-foot building was sold by Evergreen Devco, Inc. for $5.65 million. The building is occupied by UCHealth, a not-for-profit healthcare system, and is located on 0.71 acres of land. The price is approximately $706 per square foot. Evergreen Devco, Inc. is a national, fully diversified real estate company specializing in retail, commercial and multifamily development. Its headquarters are in Phoenix, Arizona and it has offices in Denver, Colorado and Salt Lake City, Utah. JLL... Read More »
Spire Orthopedic Partners Acquires Practice in New York’s Hudson Valley

Spire Orthopedic Partners Acquires Practice in New York’s Hudson Valley

by | Feb 14, 2023 8:39 am | Ambulatory Surgery Centers, Physician Medical Groups

Spire Orthopedic Partners has acquired Orthopedic Associates of Dutchess County and The Surgery Center at Orthopedic Associates. Terms of the deal were not disclosed. Founded in 1975, Orthopedic Associates of Dutchess County has 24 subspecialty-trained physicians practicing across five locations and an ambulatory surgery center (The Surgery Center at Orthopedic Associates). The facilities are in the Hudson Valley locations of Poughkeepsie, Kingston, New Windsor, East Fishkill and Rhinebeck, New York. Spire Orthopedic Partners, a portfolio company of Kohlberg & Company LLC, is a national partnership of orthopedic practices providing the support, capital and operational resources... Read More »