Essence Investment Acquires AMP Alternative Medical Products
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, 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
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 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 »
The Stepping Stones Group Announces Its First Acquisition of 2023
The Stepping Stones Group, based in Lafayette, Colorado, announced its purchase of Catalyst Speech Language Pathology. Catalyst Speech Language Pathology is a provider of school-based, speech-language pathology services in the greater Los Angeles area. It provides services to more than 20 schools. The Stepping Stones Group, a portfolio company of Five Arrows Capital Partners, provides therapy and behavioral health services to children in the K-12 educational setting. Stepping Stones serves more than 1,000 clients and 300,000 children across 42 states each year. Catalyst Speech will continue to operate and market itself as a standalone entity. Financial terms of the transaction were... Read More »Schedule a demo
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