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Cencora Picks Up Texas-Based MSO Platform Retina Consultants of America
Cencora, Inc. announced on November 6 that it has entered into a definitive agreement to acquire Retina Consultants of America (RCA) from Webster Equity Partners. Cencora will acquire RCA for approximately $4.6 billion in cash, subject to a customary working capital and net debt adjustment. RCA is a new specialty platform created by the acquisition and merger of Retina Consultants of Houston, Retina Group of Florida, Long Island Vitreoretinal Consultants and Retinal Consultants (Northern California). RCA is a Southlake, Texas-based management services organization (MSO) of retina specialists. Cencora, formerly known as AmerisourceBergen, is an American drug wholesale company and a contract... Read More »
OrthoIndy and Indiana Hand to Shoulder Center Announce Merger
On October 30, OrthoIndy announced that it was purchasing Indiana Hand to Shoulder Center for an undisclosed amount. Indiana Hand to Shoulder Center is an orthopedic practice with 10 locations across Indiana. According to its website, there are 12 physicians on staff. OrthoIndy is an orthopedic practice based in Indiana. With more than 85 physicians on staff, the practice operates out of 13 locations across the state. “This alignment works to ensure that we will continue to serve the community’s orthopedic needs as an independent physician practice, which we believe is vital to Indiana’s healthcare ecosystem,” said John Ryan, CEO of OrthoIndy. “In a world... Read More »
MB2 Dental Acquires Four Dental Practices
On October 29, MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, announced that it acquired four dental practices. Cypress Creek Dental, a cosmetic and family dentistry practice, operates out of one location in Florence, Alabama. According to its website, the dental practice has two physicians on staff: Drs. Tia Kennedy and Whitney Flippo. Adult & Pediatric Dental Studio is based in Manalapan Township, New Jersey. According to its website, there are six providers on staff. Based in Copperas Cove, Texas, Cove Family Dental is a sleep and implant dentistry practice. According to its... Read More »
Physician Partners of America Acquires M.I. Spine and Joint Care
On October 28, Physician Partners of America (PPOA) announced that it acquired M.I. Spine and Joint Care for an undisclosed price. M.I. Spine and Joint Care is a Prosper, Texas-based medical group known for its specialized care in spine and joint conditions. According to the website, the practice has one provider on staff. PPOA is a national healthcare company that manages a wide range of medical practices, which include interventional pain management; laser-assisted, minimally invasive spinal procedures; orthopedics; psychology; personal injury; worker’s compensation and ambulatory surgery centers. The acquisition, which went into effect on October 16, 2024,... Read More »
