A Resilient Industry: M&A Trends in Specialty Pharmacy
Significant changes have swept the specialty pharmacy market over the past several years. It was once a niche in the pharmacy industry but has grown significantly in market size. According to a report by Axtria, specialty drug spending is growing and constituted about 46% ($222.9 billion) of all prescription drugs in 2019, compared with 34.9% ($132 billion) in 2014. These numbers make sense with the tailwinds that pushed the industry, such as an aging population in the U.S. creating a greater need for medications that treat chronic and complex diseases. Most of the changes in the market have come from M&A activity. Consolidation has swept the industry, with a few players controlling... Read More »
Excelsior Capital Acquires Chattanooga MOB
Nashville-based private equity firm Excelsior Capital has purchased a 17,837-square-foot medical office building (MOB) in Chattanooga, Tennessee for $7.4 million, or approximately $415 per square foot. The MOB was built in 2014 and houses the Center MedSpa on the first floor and the Center for Integrative Medicine on the second floor. The property is at 100% occupancy and the 1.2-acre site includes both on-street and off-street parking. Excelsior Capital is a real estate private equity firm based in Nashville, Tennessee. Excelsior Capital typically targets stable assets, typically in the $8 million to $20 million range, in healthy submarkets that have a strong history of occupancy. ... Read More »
Millstone Medical Outsourcing Acquires MycoScience
Millstone Medical Outsourcing has acquired MycoScience. Headquartered in Willington, Connecticut, MycoScience has more than 30 years of expertise in medical device and pharmaceutical laboratory testing, environmental testing and related regulatory support services. Fall River, Massachusetts-based Millstone Medical Outsourcing is a provider of customized outsourcing solutions to the medical device industry with a client roster of global original equipment manufacturers and emerging-growth companies. Millstone was acquired by private equity firm Arlington Capital Partners in January 2022. MycoScience’s leadership team will remain at the helm. Terms of the deal were not disclosed. According... Read More »
ARCH Medical Acquires Alpha Manufacturing & Design
ARCH Medical Solutions, a platform company of middle-market private equity firm The Jordan Company, announced on November 21 its acquisition of Alpha Manufacturing & Design. The acquisition adds to the depth and breadth of the ARCH Medical portfolio of precision-manufacturing solutions. Terms of the deal were not disclosed. Alpha Manufacturing & Design is a precision contract manufacturer for the orthopedic industry, specializing in highly engineered and complex surgical devices for spine, trauma, large joint and dental applications. ARCH Medical Solutions is a consolidated contract manufacturer for orthopedic and dental implants and instruments, as well as components and... Read More »
Uniphar Acquires BModesto Group
Uniphar PLC (LON: UPR) announced its acquisition of BModesto Group on November 21 for nearly $52.3 million. Founded in 2014, BModesto Group is a Dutch healthcare services firm. It offers a range of services, including the distribution of medicines, clinical trial services, market authorization holder services and medical device distribution. In 2021, it reported $7,890,498 in revenue (€7.7 million). Uniphar is a pharmaceutical manufacturing and healthcare services organization with offices in Ireland, England and the U.S. The company was founded in 1967 and is based in Dublin, Ireland. In 2021, Uniphar generated revenue of $1,946,977,500 (€1.9 billion), gross profit of $281,287,012... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
