PE Firm Ampersand Capital Partners Acquires Purna Pharmaceuticals
On February 12, Massachusetts-headquartered Ampersand Capital Partners announced its acquisition of Purna Pharmaceuticals. Purna Pharmaceuticals is an independent Belgian company established in 1986. The company provides contract services for the development and manufacturing of semi-solid, powders and liquid pharmaceutical products that meet GXP standards as well as specific customer-related requirements. Founded in 1988, Ampersand is a middle-market private equity firm with more than $3 billion of assets under management dedicated to investments in the life sciences and healthcare sectors. As part of Ampersand’s broader life sciences portfolio, the investment creates opportunities for... Read More »
Innovate 32 Acquires Trivette Osborne & Associates
Innovate 32, a portfolio company of Chicago-based private equity group Shore Capital Partners, announced that it was expanding its presence with the acquisition of Trivette Osborne & Associates. This is Innovate 32’s first deal of the year. Founded in 1963, Trivette Osborne & Associates is a dental practice with one location in Knoxville, Tennessee. According to its website, there are five physicians on staff. Innovate 32 is a growth-oriented dental services organization based in Nashville, Tennessee. Under the leadership of CEO Josh Johnson and Innovate’s Board of Directors, Innovate 32 is forming partnerships with dental practices throughout the South and... Read More »
Smile Doctors Announces 8 Dental Acquisitions
Smile Doctors announced on February 9 that it ended 2025 with the addition of eight more practices to its network: Phamily Orthodontics in Pennsylvania, Embrace Orthodontics in Minnesota, VanLaecken Orthodontics in South Dakota, GKG Orthodontics in Pennsylvania, Hoch Orthodontics in New Jersey, Seder Orthodontics in Illinois, Adams Orthodontics in Georgia and Caples & Robinson Orthodontics in Louisiana. Smile Doctors, an orthodontic dental support organization, is a portfolio company of Linden Capital Partners and Thomas H. Lee Partners. It is based in Dallas, Texas. With these additions, Smile Doctors now supports more than 580 locations across 36 states. The... Read More »
Cross Keys Capital Advises on Eye Care Acquisition
Cross Keys Capital, LLC announced on February 5 that it advised Montana Retina Consultants on its acquisition by Retina Consultants of America (RCA). The financial terms of the acquisition were not disclosed. Montana Retina Consultants is an eye care practice with one location in Bozeman, Montana. According to its website, there are two doctors on staff: Dr. David Redick and Dr. Marc Comaratta. RCA is a physician management services organization formed by Webster Equity Partners in 2020. Headquartered in Southlake, Texas, RCA has more than 215 physicians across more than 300 locations in 20 states. It was bought by Cencora in 2024. According to data captured in... Read More »
