Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40
Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
Epiphany Dermatology Acquires George Dermatology
Epiphany Dermatology, a portfolio company of the private equity firm CI Capital Partners, recently announced that it acquired George Dermatology. Based in St. Louis, Missouri, George Dermatology is run by Dr. Mary Noel George. According to the press release, Dr. George is the only physician on staff, but she is supported by a team of employees. Epiphany provides general dermatology, skin cancer care, Mohs surgery, cosmetic services and additional dermatologic services. It has partnerships with dermatologists in more than 90 locations across Arizona, Colorado, Georgia, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Oklahoma, South Carolina, Texas and... Read More »
Orthopaedic M&A Activity Drops in 2024
The orthopaedic sector experienced a decrease in M&A deal volume in 2024, according to data captured in the LevinPro HC database. Since January 1, 2024, investors and dealmakers have announced 18 transactions for orthopaedic practices and physician groups. This is a notable decrease from the full-year results in 2023 and 2022, when 37 and 38 orthopaedic deals were announced, respectively. It also decreased from 2021, when 31 acquisitions were reported. However, the deal volume of 2024 is greater than that of 2020 (12 deals) and 2019 (nine deals) so, the space, while experiencing a decrease, is still more active than it was several years ago. The 18 orthopaedic acquisitions... Read More »
Behind the Deal: PGP Advises Contour Dermatology On Acquisition
Physician Growth Partners (PGP) recently announced that it acted as the exclusive financial advisor to Contour Dermatology & Cosmetic Surgery Center (Contour Dermatology) as it was acquired by DermCare Management (DermCare). We spoke with Michael Kroin, CEO and Managing Partner of PGP, who provided 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 by Dr. Timothy Jochen in the early 2000s, Contour Dermatology is a leading provider of dermatology services throughout the Coachella Valley. With four clinics in Rancho Mirage, La Quinta, Palm... Read More »
Warburg Pincus Recapitalized MB2 Dental Solutions
On November 13, Warburg Pincus, a private equity firm based in New York City, announced that it recapitalized MB2 Dental Solutions, a dental service organization (DSO) that is based in Carrollton, Texas. Warburg invested $525 million into MB2 Dental. The transaction offered liquidity options to MB2’s doctor at a total enterprise value in excess of $3.5 billion. The seller was Charlesbank Capital Partners, a private equity firm located in Boston, Massachusetts. The company will continue its longstanding partnership with MB2 Dental has partnered with more than 700 general and specialty dental practices across 43 states and has approximately 1,000 physicians under its... Read More »
Cardinal Health Inks Two Deals Worth $3.9 Billion
Cardinal Health announced plans to buy two companies in an aim to expand its diabetes and gastroenterology businesses as part of an overall strategy to grow its footprint in specialty medicine. The Dublin, Ohio-based company announced on November 12 that it entered into definitive agreements to acquire a majority stake in GI Alliance for $2.8 billion. Cardinal Health is acquiring 71% ownership in GI Alliance from a combination of GI Alliance physician owners and funds managed by affiliates of Apollo Global Management. On the same day, Cardinal Health announced that it plans to buy Carlsbad, California-based Advanced Diabetes Supply Group (ADSG) for approximately $1.1 billion in cash.... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
