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Tigermed Acquires Marti Farm

Tigermed Acquires Marti Farm

by | Jan 19, 2023 3:16 pm | Other Services

Hangzhou, China-based Tigermed has acquired Zagreb, Croatia-based Marti Farm. Terms of the deal were not disclosed. Marti Farm is a contract research organization (CRO) dedicated to assisting the healthcare, pharmaceutical and food supplement sectors in developing and delivering health-improving outcomes. The company’s global reach is expanding, with results delivered in more than 50 countries to more than 150 clients. Tigermed is a global provider of integrated research and development solutions for the biopharmaceutical and medical device industries. Tigermed represents a worldwide network of more than 100 subsidiaries and 180 service locations with more than 10,000 employees... Read More »
PAM Group Acquires MedProtect in UK Deal

PAM Group Acquires MedProtect in UK Deal

by | Jan 19, 2023 3:08 pm | Other Services

PAM Group has acquired MedProtect in a deal involving companies based in the United Kingdom. James Redshaw of law firm Hill Dickinson’s corporate team in Manchester advised PAM Group. Terms of the deal were not disclosed. MedProtect provides occupational health screening to companies across a range of industries, with a strong presence in the automotive sector, and where employees are exposed to hazardous substances such as fumes, dust or chemicals, or are operating in noisy environments. PAM Group is an occupational health and well-being specialist. The company employs more than 700 people. According to data captured in the LevinPro HC database, this represents the third occupational... Read More »
Essence Investment Acquires AMP Alternative Medical Products

Essence Investment Acquires AMP Alternative Medical Products

by | Jan 19, 2023 3:02 pm | Other Services

Essence Investment AG has acquired AMP Alternative Medical Products GmbH. Essence anticipates that its Swiss-based portfolio companies, Marry Jane AG and Swiss Extract AG, will benefit from AMP’s distribution capacity in Germany’s large and growing medical cannabis market. Terms of the deal were not disclosed. AMP Alternative Medical Products is licensed to import European Union – Good Manufacturing Practice medical cannabis and sell to pharmaceutical distributors or pharmacists. Importing medical cannabis from the Netherlands, Canada and Denmark, AMP is supplying approximately 150 pharmacies throughout Germany. Essence Investment is a Swiss company providing cannabis products... Read More »
TA Associates Announces Strategic Growth Investment in Synokem Pharmaceuticals

TA Associates Announces Strategic Growth Investment in Synokem Pharmaceuticals

by | Jan 18, 2023 12:02 pm | CDMO, Other Services, Private Equity

TA Associates, a leading global growth private equity firm, announced on January 18 that it completed a strategic growth investment in Synokem Pharmaceuticals Ltd. TA Associates was represented by AZB & Partners. BDA Partners acted as the financial adviser to Synokem. Synokem’s founders will continue as shareholders in Synokem alongside TA. Financial terms of the transaction were not disclosed. Founded in 1983, Synokem Pharmaceuticals is one of India’s leading contract development and manufacturing organizations (CDMOs), serving customers in the branded generic domestic formulations market. Synokem is based in New Delhi, India, with manufacturing and R&D facilities in Haridwar,... Read More »
Gilbert, Arizona Medical Office Building Purchased for $1.15 Million

Gilbert, Arizona Medical Office Building Purchased for $1.15 Million

by | Jan 18, 2023 11:18 am | Medical Office Buildings, Other Services

On January 15 Werner Treichler acquired a Gilbert, Arizona medical office building (MOB) for $1.15 million.  The 2,713-square-foot building is in Gilbert, Arizona, which is approximately 25 miles southeast of Phoenix . The price is $424 per square foot. Werner Treichler purchased the building using a 1031 intermediary to defer 100% of capital gains taxes and will lease it back to the Arizona Eye Specialists practice for 10 years. DOCPROPERTIES brokered the sale, representing the seller, Gateway Arizona Eye Specialists LLC. According to data captured in the LevinPro HC database, this acquisition represents the 15th MOB transaction of 2023. Compared to January 1, 2022, through January... Read More »
Ingenovis Health Acquires Springboard Healthcare Staffing & Education

Ingenovis Health Acquires Springboard Healthcare Staffing & Education

by | Jan 17, 2023 3:55 pm | Healthcare Staffing, Other Services

Ingenovis Health has acquired Springboard Healthcare Staffing & Education. Citizens M&A Advisory served as the exclusive financial advisor to Springboard Healthcare Staffing & Education. Terms of the deal were not disclosed. Founded in 2002, Phoenix-based Springboard Healthcare is a healthcare staffing and education company specializing in cardiovascular medicine. Founded in 2021, Cincinnati-based Ingenovis Health, backed by private investment firms Cornell Capital and Trilantic North America, is a tech-enabled platform for healthcare staffing.  According to data captured from the LevinPro HC database, this transaction represents the second healthcare staffing transaction... Read More »