• Bradford Health Services Acquires Parkdale Center 

    Bradford Health Services has entered into an agreement to acquire Parkdale Center, a leading addiction treatment provider in Chesterton, Indiana.  Parkdale Center is widely renowned for its specialized Professionals Program serving healthcare providers, attorneys, executives, aviation professionals, first responders and other licensed... Read More »
  • RevSpring Acquires TrustCommerce 

    On February 20, RevSpring reported that it acquired TrustCommerce. The seller was Waud Capital Partners, who initially purchased the company in 2017.  FT Partners served as the exclusive strategic and financial advisor to TrustCommerce. Financial terms of the deal were not disclosed.  TrustCommerce is a leading financial technology... Read More »
  • Istios Health Expands into the Nephrology Field  

    On February 19, Istios Health reported that it was expanding its services into the nephrology field with the acquisition of three practices: Central Mass Nephrology, Teredesai McCann & Associates and Coordinated Kidney Care Group. Terms were not disclosed.   Central Mass Nephrology is a nephrology practice based out of nine clinic locations... Read More »
  • Swiss Rockets AG Acquires Complete Genomics 

    Swiss Rockets AG, based in Basel, Switzerland, announced on February 23 that it entered into a definitive agreement to acquire Complete Genomics, Inc.   Complete Genomics is a leader in whole human genomic sequencing, which is used by research centers to conduct medical research that, in the future, is expected to be used to improve... Read More »
  • Specialty1 Partners Announces Second Acquisition of 2025 

    Triumphant Transition Partners announced that it acted as an advisor to Dr. Francisco Perez as he joined Specialty1 Partners.  The practice of Dr. Francisco Perez is based in Edinburg, Texas. Dr. Perez, an oral and maxillofacial surgeon, is the only physician on staff.  Specialty1 Partners, backed by private equity firm VSS Capital Partners,... Read More »
The Physician Medical Groups Market Thrives, Despite Economic Instability

The Physician Medical Groups Market Thrives, Despite Economic Instability

During the first five months of 2023, the Physician Medical Groups (PMG) sector has seen a large amount of M&A activity. There have been 244 PMG transactions reported, so far, which represents a 6% increase from the first five months of 2022. Considering the economic uncertainty currently plaguing investors, this increase is almost surprising.  Yet, it was not surprising that the most active specialty was dental, with 80 transactions. Compared to the first five months of 2023, when 63 dental transactions were reported, this year’s 80 transactions is even more impressive. The most active acquirer, in the dental and PMG spaces overall, is MB2 Dental Solutions, a portfolio company of... Read More »
GraceMed Acquires Canadian Dermatology Centre

GraceMed Acquires Canadian Dermatology Centre

GraceMed announced on May 23 that it purchased the Canadian Dermatology Centre for an undisclosed price. Canadian Dermatology Centre is a Toronto-based dermatology clinic that also provides plastic surgery services. It was founded by Dr. Renita Ahluwalia and Dr. Quinton Chivers and has a total of eight providers on staff, according to its website. GraceMed is a leading North American-based dermatology and plastic surgery platform. Per its website, GraceMed operates out of 11 locations in Ontario, Canada. The acquisition of the Canadian Dermatology Centre is part of GraceMed’s strategy to expand its presence across North America, providing greater access to care for patients. ... Read More »
Mercy Iowa City Acquires OB-GYN Associates of Iowa City & Coralville

Mercy Iowa City Acquires OB-GYN Associates of Iowa City & Coralville

Mercy Iowa City announced on May 17 that it acquired OB-GYN Associates of Iowa City & Coralville.  According to its website, OB-GYN Associates of Iowa City & Coralville has four physicians and two nurses on staff. It is in Coralville, Iowa. Mercy Iowa City’s medical staff is composed of more than 250 doctors representing all major medical specialties and most subspecialties. Its hospitals have more than 190 acute care beds, 25 outpatient surgery rooms and 23 bed nurseries. Mercy Iowa City’s birthing center has five labor and delivery suites, a dedicated C-section suite and a pediatric hospitalist team. More than 800 babies are born at Mercy Iowa City each year. The staff... Read More »
Capitol Pain Institute Bolsters Presence in Texas With Recent Acquisition

Capitol Pain Institute Bolsters Presence in Texas With Recent Acquisition

Capitol Pain Institute (CPI) has acquired Balcones Pain Consultants and Water Leaf Surgery Center, adding three clinics and one ambulatory surgical center (ASC) in the Austin MSA to CPI’s national interventional pain management platform. Financial terms of the deals were not disclosed. Led by Matthew McCarty, M.D., Balcones Pain Consultants has locations in Austin, Cedar Park and Marble Falls, Texas. The clinics’ physicians are skilled in SI fusion, epidural injections, nerve blocks and the latest in minimally invasive spinal surgical techniques. According to the company’s website, there are three providers on staff. Water Leaf Surgery Center is a Medicare certified ASC in... Read More »
Forum Health Acquires Hormones by Design in Texas

Forum Health Acquires Hormones by Design in Texas

Forum Health, LLC has acquired Hormones by Design for an undisclosed price. The deal increases Forum Health’s presence in Texas to seven clinics. Hormones by Design is a Texas-based healthcare provider specializing in hormone replacement therapy with four locations in Waco, San Antonio, Boerne and New Braunfels. Launched in June 2019, Forum Health is a provider of personalized healthcare. It provides members back-office support, electronic health records and other management services. Members have access to advanced medical treatments and technology, with care plans informed by data analytics and collaborative relationships. Forum Health plans to expand the Hormones by Design... Read More »
Mercy Iowa City Acquires OB-GYN Associates of Iowa City & Coralville

WELL Health Technologies Acquires MCI Medical Clinics

WELL Health Technologies announced on May 19 that it acquired MCI Medical Clinics (Alberta) Inc. (MCI AB) from MCI Onehealth Technologies Inc. The purchase price is approximately $1.48 million, or $2 million CAD.  MCI AB owns and operates five primary care clinics in Alberta, Canada. Per the press release, the company has more than 50 physicians on staff. The clinics offer a range of primary care services, including family medicine, women’s health and other specialties. WELL Health Technologies is a digital health company that operates more than 30 health clinics in British Columbia, Quebec, Alberta and California. It also operates a national telehealth service and provides... Read More »