Montecito Medical Makes Another Acquisition
On January 3, Montecito Medical, a premier owner of medical office properties throughout the United States, has completed the acquisition of a new medical office building located in the Kansas City suburb of Lee’s Summit, Missouri. The property, which opened in 2020, offers just over 40,500 square feet of rentable space and is 100% leased. The property is advantageously situated north of downtown Lee’s Summit next to Interstate Highway I-470. With a population of more than 101,000, Lee’s Summit has become the sixth-largest city in Missouri. The primary tenant is Beacon Surgery Center (BSC), a joint venture between local physician partners and Partners Surgical, a national operator and... Read More »
AdventHealth Buys Winter Park Property
On December 14, AdventHealth, a nonprofit health system based in Altamonte Springs, Florida, acquired a 3.88-acre property in Winter Park, Florida for $5 million from Backworks LLC, according to Orange County property records. The Winter Park property located at 1605 W. Fairbanks Avenue features a 14,132-square-foot medical office building built in 2005. The previous owner, Backworks, acquired the property from Anita and Walter Gilmore for $1.6 million in 2003, according to the Orange County property appraiser. AdventHealth Winter Park, formerly Winter Park Memorial Hospital, is located about 3.1 miles from the property. AdventHealth, formerly Adventist Health System, is a faith-based,... Read More »
Omnicell Acquires ReCept Holdings
Omnicell, Inc. announced that it was acquiring ReCept Holdings, Inc. for a total aggregate cash consideration of $100 million, subject to customary adjustments. Founded in 1992, Omnicell is a leading medication management solutions and adherence tools for health systems and pharmacies. Through a combination of automation, intelligence and technology-enabled services run by a cloud-data platform, Omnicell provides more efficient medicine management services. More than 7,000 facilities worldwide and 60,000 institutional and retail pharmacies across North America and the United Kingdom use Omnicell’s technology to help reduce costly hospital readmissions. ReCept Holdings is a leading provider... Read More »
Ingenovis Health to Acquire HealthCare Support
Ingenovis Health, Inc., one of the fastest-growing providers of healthcare staffing, announced on November 29 that it has agreed to acquire HealthCare Support, a national healthcare staffing platform providing a full range of customized hiring solutions across the country. Financial terms of the transaction, which is expected to close in the first quarter of 2022, were not disclosed. Ingenovis Health is a leading tech-enabled platform for healthcare staffing backed by private investment firms Cornell Capital and Trilantic North America. Formed by the combination of trustaff, CardioSolution, Fastaff Travel Nursing, U.S. Nursing Corporation and Stella.ai, Ingenovis Health combines the power... Read More »
Aurelius Makes Biggest Acquisition to Date with McKesson UK Deal
Aurelius Healthcare Sdn Bhd has acquired McKesson UK in a corporate carve-out from the Irving, Texas-based healthcare company McKesson Corporation for £477 million (equivalent to $649 million). The deal will be completed by Aurelius’ newly launched co-investment structure with Aurelius European Opportunities Fund IV controlling a 70% stake and Aurelius Equity Opportunities SE & Co KGaA controlling 30%. The transaction is expected to close in Q1 2022. Millions across the United Kingdom rely on McKesson UK’s services. The Coventry, United Kingdom-based company provides integrated healthcare services to the NHS, specializing in medicines, pharmaceutical care and primary care patient... Read More »Schedule a demo
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