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The Stepping Stones Group Announces Its First Acquisition of 2023

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 »
Akeso Occupational Health Acquires Immediate Medical Center

Akeso Occupational Health Acquires Immediate Medical Center

Akeso Occupational Health announced its acquisition of Immediate Medical Center, an occupational health provider with four southern California clinics located in Commerce, Lakewood, La Mirada and Paramount. With this acquisition Akeso has expanded to 20 clinics throughout California. Terms of the deal were not disclosed. Immediate Medical Center’s occupational medicine clinics have been a resource for a wide range of industries, school districts and municipalities for more than 35 years. Headquartered in Irvine, California, Akeso Occupational Health develops occupational medicine clinic groups, focusing on the evaluation and treatment of health issues that arise from work or environmental... Read More »
Sunvera Group Acquires Zimm Cataract & Laser Center, Premier Surgical Center

Sunvera Group Acquires Zimm Cataract & Laser Center, Premier Surgical Center

Sunvera Group has acquired Zimm Cataract & Laser Center and its affiliate Premier Surgical Center. The transaction establishes Sunvera Group’s presence in the Pennsylvania market and extends its network of ophthalmology practices and surgery centers. Zimm Cataract & Laser Center and Premier Surgical Center are based in Erie, Pennsylvania. McGuireWoods LLP provided legal services to Sunvera. Physician Growth Partners served as the exclusive financial advisor to Zimm Cataract & Laser Center and Wade, Goldstein, Landau & Abruzzo, P.C. provided legal services. Terms of the deal were not disclosed. Zimm Cataract & Laser Center provides services such as cataract surgery,... Read More »
Big Sky Obtains $190 Million for 10 Healthcare Properties

Big Sky Obtains $190 Million for 10 Healthcare Properties

Big Sky Medical Real Estate obtained $190 million worth of acquisition financing for 10 healthcare properties in four states totaling 857,779 square feet. JLL Capital Markets worked for Big Sky in securing the five-year, floating-rate loan from a bank syndication led by Capital One Healthcare. The properties are collectively 87% occupied and include outpatient medical office buildings, ambulatory surgery centers, diagnostic imaging centers as well as other healthcare-related specialties. The facilities are located in: Dallas; Houston; College Station and Richardson, Texas; Salisbury, Maryland; Hammond, Louisiana; and Modesto, California. The JLL Capital Markets team representing the... Read More »
The IMA Group Acquires Clinical Trials of America

The IMA Group Acquires Clinical Trials of America

The IMA Group (IMA) announced on January 11 the completion of its acquisition of Clinical Trials of America (CTA), a multi-therapeutic clinical trials company that brings to IMA four independent and six embedded site locations in Louisiana and North Carolina. CTA will continue to operate with its existing leadership, investigators and staff, led by its former CEO and President Jeb Andrews, Ph.D. The transaction marks the seventh acquisition The IMA Group’s Clinical Research division has completed since 2018, and the 15th acquisition by the company in the same period. Terms of the transaction were not disclosed. The IMA Group provides government workers with medical, psychological and... Read More »
Pinnacle Clinical Research Acquires South Texas Research Institute

Pinnacle Clinical Research Acquires South Texas Research Institute

Pinnacle Clinical Research, a portfolio company of LongueVue Capital, announced on January 10 its successful combination with South Texas Research Institute (STRI). The combined Pinnacle and STRI platform expands its network and geographic footprint to six stand-alone and dedicated sites, enhances patient recruitment diversity and increases scale. STRI’s Founder and CEO Dr. Rashmee Patil will assume the role of CEO of the combined business. Terms of the deal were not disclosed. Headquartered in Edinburg, Texas, South Texas Research Institute is a multi-location clinical site organization specializing in complex indications, including hepatology with a focus on non-alcoholic fatty... Read More »