Parallel ENT & Allergy Acquires Allergy & Asthma Associates of Michigan 

Parallel ENT & Allergy Acquires Allergy & Asthma Associates of Michigan 

Physician Growth Partners (PGP) announced that it advised on a Physician Medical Group (PMG) transaction. PGP advised Allergy & Asthma Associates of Michigan on its acquisition by Parallel ENT & Allergy Partners. The financial terms were not disclosed.  Allergy & Asthma Associates of Michigan is an ear, nose & throat (ENT) practice with one location in Royal Oak, Michigan. According to its website, there are four physicians on staff, who are supported by a team of seven physician’s assistants.  Launched in July 2022, Parallel ENT & Allergy Partners is backed by Trinity Hunt Partners, a growth-oriented private equity firm with deep healthcare experience.... Read More »
Guided Practice Solutions Acquires Five Dental Practices 

Guided Practice Solutions Acquires Five Dental Practices 

On December 24, Guided Practice Solutions (GPS Dental) announced that it completed the acquisition of five dental practices.   Operating in Pasco and Kennewick, Washington, Mid-Columbia Dental is run by four providers. Pinnacle Peak Family Dentistry is a dental practice with one location in Scottsdale, Arizona. According to its website, there are three doctors on staff. Based in Scottsdale, Arizona, AZ Sleep and TMJ Solutions is run by one physician: Dr. Sara Vizcarra. Prosthodontics of New York is a dental practice in New York. Nothing else was disclosed. Timber Dental operates six locations in the Portland, Oregon MSA. According to its website, there are 17 providers on... Read More »
Top 5 Physician Medical Group Deals of 2024 

Top 5 Physician Medical Group Deals of 2024 

The Physician Medical Group (PMG) market experienced a decline in deal activity, totaling 455 transactions, compared to the 537 in 2023, and the 622 in 2022. The transactions varied in size and buyer time, with many of them small or independent practices getting purchased by large private equity groups. Dental was the most active specialty with 238 transactions reported since the start of 2024.  Here are the top five PMG transactions of the year.    Mission Cancer + Blood Purchased by University of Iowa Health Care  On October 7, Mission Cancer + Blood was acquired by the University of Iowa Health Care (UIHC) for $280 million. Mission Cancer + Blood will continue... Read More »
Together Women’s Health Acquires Advanced Gynecology

Together Women’s Health Acquires Advanced Gynecology

On December 17, Together Women’s Health (TWH) announced that it acquired Advanced Gynecology, a Georgia-based urogynecology practice.  Advanced Gynecology operates three locations in Georgia: Watkinsville, Atlanta and Roswell. According to its website, the practice has four providers, one physician assistant and two family nurse practitioners on staff. TWH is a management services organization (MSO) backed by Shore Capital Partners. The MSO supports its affiliated practices and physician partners with strategic guidance, administrative resources (including revenue cycle management, marketing, human resources, finance, accounting and IT), operational expertise and capital. Currently,... Read More »
Guided Practice Solutions Acquires Five Dental Practices 

beBright Acquires The Smile Spot Pediatric Dentistry & Orthodontics 

On December 18, beBright announced that it acquired The Smile Spot Pediatric Dentistry & Orthodontics.  The Smile Spot Pediatric Dentistry & Orthodontics is a pediatric dental practice with one location in Southbury, Connecticut. According to its website, there are two physicians on staff.  BeBright is a doctor-owned and -led pediatric dentistry and orthodontic services organization based in Minnetonka, Minnesota. The company was created by New York-based private equity firm InTandem Capital Partners in June 2023.  According to data in the LevinPro HC database, there have been 464th Physician Medical Group acquisitions announced throughout 2024, including 234 in the... Read More »
Espire Dental Acquires Sauvage and Tranquility Dental Wellness 

Espire Dental Acquires Sauvage and Tranquility Dental Wellness 

On December 13, Espire Dental announced that it completed the acquisition of two dental practices: Sauvage PLLC and Tranquility Dental Wellness. The financial terms were not disclosed.  Sauvage PLLC is a five-practice dental service organization (DSO) located in Seattle, Washington. It is run by Dr. Paul Sauvage and has been providing dental care for more than 20 years.  Tranquility Dental Wellness, a portfolio company of private equity firm Rallyday Partners, operates out of four locations in the state of Washington: Tumwater, Tacoma, Spanaway and Lacey. According to its website, there are seven physicians on staff.  Founded in 2018 and headquartered in Denver,... Read More »