GI Alliance Acquires 6th Practice of 2022
In the first week of May, Waud Capital Partners’ portfolio company, GI Alliance, announced that it had acquired two separate gastroenterology practices; Digestive Health Specialists (DHS) in Kansas City, Missouri and Gastroenterology Consultants, based in Houston, Texas. Neither of the financial terms of the deals were disclosed. GI Alliance, a portfolio company of Waud Capital Partners, provides operational support to more than 1,000 providers, including over 625 gastroenterologists and physicians and 670 advanced practice providers across 11 states. It was formed through Waud’s partnership with Texas Digestive Disease Consultants in November 2018. DHS is a leading... Read More »
Total Vision Expands California Presence
On April 19, for the second time in 2022, Total Vision, backed by New York-based Bregal Partners, entered the M&A market with its acquisition of Santa Cruz Optometric Center. The financial terms of the transaction were not disclosed. For over 60 years, Santa Cruz Optometric Center has provided quality eye-care to patients in its Santa Cruz and Aptos offices. Total Vision is one of the largest networks of vision providers in California and is a recognized leader in the optometry industry. Its offices employ more than 500 staff members, including more than 100 doctors who provide care to more than 100,000 patients each year. By acquiring Santa Cruz Optometric Center, Total Vision... Read More »
Pinnacle Dermatology Acquires 16th Illinois Acquisition, Expanding Presence in the Midwest
After a few months of no announced deals, Pinnacle Dermatology, LLC entered the M&A fray for the first time in 2022. On April 11, the dermatology platform company of BayPine LP announced that it was acquiring Dermatology Physicians Group in Chicago for an undisclosed price. This acquisition is a great step in further strengthening Pinnacle’s ability to serve Chicago and surrounding Illinois communities. It is also part of Pinnacle’s strategy to build a strong base of dermatology practices across various geographic markets in the United States. Currently, Pinnacle operates dermatology clinics in Illinois, Texas, Tennessee and Michigan. Its services include skin care, patient... Read More »
Great Lakes Dental Partners makes Third Acquisition of 2022, Expanding into New Territory
On April 6, Great Lakes Dental Partners, a portfolio company of private equity firm Shore Capital Partners, announced that it acquired Associates for Dental Care for an undisclosed price. The acquisition is GLDP’s third transaction of 2022 and fourth overall since 2021 as it makes moves to expand its presence across the country, especially in the Midwest. Founded in 2008, Great Lakes Dental Partners (GLDP) is a network of dental practice locations dedicated to advancing dental healthcare throughout Chicago and the surrounding area. GLDP provides best-in-class support in operations, recruiting, technology, marketing and collaboration among clinicians. Meanwhile, Associates for Dental Care,... Read More »