Retina Consultants of America Expands Into North Carolina
PE-backed Retina Consultants of America (RCA) has announced a new partnership with North Carolina Retina Associates (11 physicians), making its way into a new market. North Carolina Retina Associates is the largest retina practice in North Carolina with nine locations from Chapel Hill to Greenville including Raleigh and Wake Forest. The practice is not only a leading medical and surgical retina treatment provider in the greater Raleigh area, but they also donate time and expertise to retinal care globally in countries such as Honduras, Dominican Republic and Nepal. RCA is a network of over 50 leading retina specialists backed by Webster Equity Partners. The group was created in March 2020... Read More »
The Jordan Company Acquires Dental365
The middle-market private equity firm The Jordan Company (TJC) has announced a definitive agreement to acquire Dental365 from Regal Healthcare Capital Partners, L.P. The New Hyde Park, New York-based dental practice has more than 50 locations across New York, New Jersey and Connecticut. The company has nearly doubled in size each year and has over 400,000 patient visits annually. In addition, it employs over 165 dentists and 800 staff members. According to an article from PEHub, the deal is valued at approximately $440 million, roughly 14.7x Dental365’s annual EBITDA. TJC completed the acquisition through affiliates of The Resolute Fund V, L.P., which raised approximately $2.86... Read More »
PE-Backed USOP Adds 2 Physician Groups in Alabama
U.S. Orthopedic Partners (USOP) has had a busy 2021 so far. Back in March, the PE-backed physician network acquired Jackson Anesthesia Pain Center and Oxford Orthopaedics and Sports Medicine, PLLC in Jackson and Oxford, Mississippi, respectively. Both practices are well known in their regional markets for providing the most up-to-date orthopedic care, including both non-surgical and surgical options to treat a wide array of muscular-skeletal issues, including injury. And now in July, it’s added four more practices. Earlier in the month, USOP partnered with Orthopedic Institute of North Mississippi (6 physicians), which provides sports medicine and comprehensive orthopedic treatments... Read More »
U.S. Oral Surgery Management Enters Arizona Market
U.S. Oral Surgery Management (USOSM) has cemented its position as one of the country’s most active physician medical group acquirers. With six acquisitions announced in the second quarter alone, USOSM has significantly expanded its regional portfolio from its humble beginnings in 2017 when it was formed by RiverGlade Capital and The Thurston Group USOSM is a specialty management services company focused on oral and maxillofacial surgery headquartered in Irving, Texas. It partners with smaller physician groups and provides operational, marketing and administrative support services to improve clinical and financial performance and produce steadier, more profitable growth. The practice... Read More »