An Overview of the Internal Medicine M&A Market

An Overview of the Internal Medicine M&A Market

The internal medicine specialty, within the Physician Medical Group (PMG) sector, isn’t particularly known for its M&A activity. In fact, it’s considered one of the less active subsectors, averaging approximately 8% of the PMG totals. Yet, internal medicine’s M&A volume has increased substantially between 2018 and 2023, making it an interesting specialty to look into.  According to data captured in the LevinPro HC database, in 2018, eight eight internal medicine transactions were reported, which more than doubled in 2019 and 2020 when 19 and 25 deals were reported, respectively. There was another surge of deal activity in 2021 with 40 transactions and a slight increase to 41... Read More »
MB2 Dental Acquires Scheich Family Dentistry 

MB2 Dental Acquires Scheich Family Dentistry 

On May 7, MB2 Dental Solutions announced that it was expanding its presence in Colorado with the acquisition of Scheich Family Dentistry.  Scheich Family Dentistry is a dental practice with one location in Castle Pines, Colorado. According to its website, the practice is run by a dedicated team of three providers.  MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery.  This transaction marks MB2’s 25th acquisition of 2024, expanding its presence by... Read More »
Heartland Dental Acquires Macedonia Dental Arts 

Heartland Dental Acquires Macedonia Dental Arts 

On May 6, Heartland Dental, a portfolio company of KKR & Co. announced that it expanded its presence in Ohio with the acquisition of Macedonia Dental Arts. According to data captured in the LevinPro HC database, this transaction represents the 187th Physician Medical Group acquisition of 2024, 91 of them in the dental specialty.   Macedonia Dental Arts is a dental practice with one location in Macedonia, Ohio. It is run by Dr. Ronald W. Simonsen.  Heartland Dental is a dental support organization providing non-clinical, administrative support services with more than 2,600 doctors in more than 1,650 locations across 38 states.   This transaction marks Heartland Dental’s... Read More »
Smile Partners USA Expands in Georgia and Illinois 

Smile Partners USA Expands in Georgia and Illinois 

Smile Partners USA has announced that it acquired two dental practices: Family Dental Group and Petrie, Storer & Associates.  Family Dental Group is a family dental practice in Decatur, Georgia. According to its website, there are four providers on staff.  Petrie, Storer & Associates is a dental practice with one location in Chicago, Illinois. According to its website, the practice is run by a team of three providers.  Smile Partners USA is a management support organization that offers back-office resources and services to premier, independent private dental practices and boutique group practices throughout Michigan, Georgia, Illinois and Alabama. It is backed by... Read More »
Ivy Fertility Adds Dallas IVF to Network

Ivy Fertility Adds Dallas IVF to Network

Ivy Fertility, a global leader in advanced reproductive technology, in-vitro fertilization (IVF) and third-party reproduction, announced on April 29 that it has acquired Dallas IVF. The addition of Dallas IVF expands Ivy Fertility’s presence in Texas. Dallas IVF is a fertility practice serving patients in the greater Dallas-Fort Worth MSA. With locations in Dallas, Frisco, Tyler and McKinney, Texas, Dallas IVF has helped more than 13,000 babies come into the world since its founding in 1997. The Frisco location is also home to a state-of-the-art IVF lab and surgery center. According to its website, the practice has four providers on staff. Ivy Fertility, a portfolio company of... Read More »
Smile Partners USA Expands in Georgia and Illinois 

Fort Bend Dental Acquires Aliana Family Dental 

Fort Bend Dental announced on April 16 that it entered into an agreement to acquire Aliana Family Dental. The financial terms of the acquisition were not disclosed.  Aliana Family Dental is a dental practice in Sugar Land, Texas. It offers digital dentistry as well as orthodontic services. According to its website, the practice has one provider on staff as well as a support team of five employees.  Fort Bend Dental is a dental practice with locations in Missouri City, Aliana, Sugar Land, Richmond and Rosenberg, Texas.  This move marks a significant milestone in Fort Bend Dental’s mission to provide dental services to the entire Fort Bend community. This transaction... Read More »