Behind the Deal: PGP Advises on Dermatology Transaction  

Behind the Deal: PGP Advises on Dermatology Transaction  

Physician Growth Partners (PGP) announced that it acted as the exclusive financial advisor to Dermatology Consultants as it was acquired by Forefront Dermatology.  We spoke with Michael Kroin, CEO and Managing Partner of PGP, who was able to provide his insights into the acquisition. PGP is a sell-side healthcare investment banking firm dedicated to representing independent physician practices in transactions with private equity.  Established in 1976, Dermatology Consultants operates two dermatology locations and one specialty clinic in Kentucky. It provides a comprehensive suite of medical, surgical and cosmetic dermatology services. According to its website, the practice has... Read More »
Behind the Deal: PGP Advises on Urology Transaction

Behind the Deal: PGP Advises on Urology Transaction

On September 4, Physician Growth Partners (PGP) announced that it worked as the financial advisor to Keystone Urology Specialists in its acquisition by Solaris Health. Based out of four Lancaster, Pennsylvania MSA locations, Keystone Urology Specialists is run by a team of 9 physicians. The practice has been in business for more than 55 years and has provided service to more than 25,000 unique patients each year.   Solaris Health, a portfolio company of private equity firm Lee Equity Partners, is a national healthcare platform committed to enhancing access to specialty healthcare. The group was formed in June 2020 when Lee Equity Partners purchased and merged Integrated Medical... Read More »
Align ENT + Allergy Acquires Mid-Michigan ENT 

Align ENT + Allergy Acquires Mid-Michigan ENT 

Align ENT + Allergy, a portfolio company of Zenyth Partners, announced that it acquired Mid-Michigan ENT.   Mid-Michigan ENT has one location in East Lansing, Michigan. According to its website, there are five physicians on staff.  Align ENT + Allergy is a management services organization (MSO) supporting a community of physician-led ear, nose & throat (ENT) and allergy practices. Align provides non-clinical support services to private practices through a true partnership model, whereby partners gain the advantages of a professionalized MSO while retaining local control so that they can focus on providing care within their communities.  Align will continue to grow... Read More »
Imagen Dental Partners Acquires the Practice of Dr. Mark Weems 

Imagen Dental Partners Acquires the Practice of Dr. Mark Weems 

Imagen Dental Partners, based in Scottsdale, Arizona, announced that it acquired the practice of Dr. Mark Weems, which is based in Ada, Oklahoma. According to the website, Dr. Weems is supported by a team of eight employees.  Imagen Dental Partners is a dental partnership organization founded in 2020 that joins with dental practices, invests in them and supports their growth. Imagen Dental Partners supports practices in California, Arizona, Texas, Minnesota, Florida, Georgia, South Carolina, Tennessee, Kentucky, Illinois, Indiana, Ohio, Michigan, Oregon and Wisconsin.  This transaction marks Imagen Dental Partners’ 14th acquisition of 2024, and its first in Oklahoma for the... Read More »
Guided Practice Solutions Acquires 100th Location 

Guided Practice Solutions Acquires 100th Location 

On September 18, Guided Practice Solutions (GPS Dental) announced that it acquired its 100th practice location with the purchase of Taylor Street Dental. According to data captured in the LevinPro HC database, this acquisition represents the 364th Physician Medical Group transaction of the year, and the 192nd in the dental specialty.   Taylor Street Dental is located in one office in Springfield, Massachusetts. According to its website, there are four physicians on staff.  GPS Dental is a dental service organization founded in 2015 by Dr. Hunter Smith and Dr. William Little. It received a strategic investment by Main Post Partners in 2021.  Dr. Hunter Smith, CEO and Co-Founder of... Read More »
Cardinal Health to Acquire Integrated Oncology Network for More Than $1.1 Billion

Cardinal Health to Acquire Integrated Oncology Network for More Than $1.1 Billion

On September 20, Cardinal Health announced that it entered into a definitive agreement to acquire Nashville, Tennessee-based Integrated Oncology Network (ION) for more than $1.1 billion in cash. ION is a physician-led independent community oncology network that partners directly with physicians, hospitals and other healthcare providers to offer the latest services and technologies to patients. Founded in 2008, ION has grown to more than 50 centers nationwide, providing a complete and integrated continuum of care including diagnostic testing, radiation oncology, medical oncology, urology and other ancillary services. Cardinal Health is an American multinational healthcare services company,... Read More »