Winter Park Ophthalmology Joins Private Equity-Backed Ascend Vision Partners
Ascend Vision Partners (AVP), backed by private equity firm Chicago Pacific Founders, announced a partnership with Winter Park Ophthalmology. AVP will perform the business functions for the practice, including legal and regulatory compliance, insurance negotiations, human resources, IT, finance, marketing, legal guidance and more. Terms of the deal were not disclosed. Led by Dr. Rebecca Kurzon, Winter Park Ophthalmology treats patients in Winter Park, Florida, for medical diseases of the eye and provides ocular surgery such as cataract removal and routine exams. Established in 2022, AVP delivers business solutions for eye care professionals. The company’s 300 employees provide eye... Read More »
Endodontic Practice Partners Acquires 14 Practices
Endodontic Practice Partners (EPP), a portfolio company of Cincinnati-based private equity firm RC Capital, acquired 14 endodontic practices based in Washington and Oregon, adding 16 providers to its network. In Oregon, 13 doctors across 12 practices were acquired. The practices serve the Tualatin, Corvallis, Albany, Eugene, Gresham, Portland, Salem, Oregon City and the Beaverton areas. In Washington, three doctors within two practices operating out of Vancouver and the Everett regions were bought. EPP is a network of private endodontic practices. It is based in Brentwood, Tennessee and was founded in 2019. The EPP geographic footprint of affiliates now spans across nine... Read More »
OrthoAlliance Buys Ohio-Based Precision Orthopaedic Specialties
OrthoAlliance, a physician-led management services organization (MSO) for orthopedic groups, announced a new partnership with Precision Orthopaedic Specialties, Inc. Precision Orthopaedics brings a team of 10 physicians and three offices to its partnership with OrthoAlliance. Terms of the deal were not disclosed. Founded in 1991, Precision Orthopaedic Specialties was the first fully specialized independent orthopaedic practice in Geauga County. In addition to a main office in Chardon, Precision Orthopaedics has locations in Auburn and Middlefield that offer orthopaedic surgery, spine surgery, sports medicine, podiatry, physical therapy, imaging, athletic training, pain management and... Read More »
INVO Bioscience Acquires Wisconsin Fertility Institute for $10 Million
INVO Bioscience, Inc. announced on March 20 that it acquired Wisconsin Fertility Institute, a three-physician practice in Middleton, Wisconsin, for $10 million. The deal is expected to close during the second quarter of 2023. The purchase price will be payable over a three-year period. There will be an initial $2.5 million due in cash at closing, with subsequent $2.5 million payments due annually for the following three years. Subsequent payments may be paid in cash or in shares of INVO common stock valued at $6.25, $9.09 and $14.29, for the second, third and final payments, respectively. Wisconsin Fertility Institute primarily offers conventional IVF procedures. It generated approximately... Read More »