MB2 Dental Acquires Enters 44th State with Iowa Acquisition 

MB2 Dental Acquires Enters 44th State with Iowa Acquisition 

On December 10, MB2 Dental Solutions announced that it entered its 44th state with the acquisition of Knoxville Dental Center.   Knoxville Dental Center, based out of one location in Knoxville, Iowa, provides comprehensive care for all family members, from children to older adults. Services include extractions, crowns and bridges, whitening, cosmetic dentistry, root canals, dentures/partials, veneers and regular cleanings and checkups. According to its website, there is one physician on staff (Dr. Andrew Secory) who is supported by a team of seven employees.  MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since... Read More »
MB2 Dental Acquires Enters 44th State with Iowa Acquisition 

Dental365 Acquires Brush & Floss Dental Center 

On December 3, Dental365, a portfolio company of the private equity firm The Jordan Company since 2021, announced that it acquired Brush & Floss Dental Center.   Brush & Floss Dental Center is a general dentistry practice based out of one location in Stratford, Connecticut. Brush & Floss Dental Center offers additional services such as sleep apnea treatments, dental implants and teeth straightening. According to its website, the practice is run by five physicians.  Dental365 is a full-service family dental practice and support organization with locations throughout New York, Connecticut, New Jersey, Pennsylvania, New Hampshire, Massachusetts and Rhode... Read More »
Summit Spine & Joint Centers Acquires Integrated Pain Solutions 

Summit Spine & Joint Centers Acquires Integrated Pain Solutions 

On November 19, Summit Spine & Joint Centers announced that it acquired Integrated Pain Solutions (IPS) for an undisclosed amount.   IPS is a pain management practice with 11 locations in North Carolina. According to its website, the practice has two board-certified medical directors on staff: Drs. Thomas Bresly and Todd Reiter. They are supported by a team of 16 employees.   Backed by MSouth Equity Partners, Summit Spine & Joint Centers is a management services organization that provides administrative and support services to its network of clinics and ambulatory surgery centers across the Southeast. The company’s footprint includes 41 locations across... Read More »
Epiphany Dermatology Acquires George Dermatology 

Epiphany Dermatology Acquires George Dermatology 

Epiphany Dermatology, a portfolio company of the private equity firm CI Capital Partners, recently announced that it acquired George Dermatology.   Based in St. Louis, Missouri, George Dermatology is run by Dr. Mary Noel George. According to the press release, Dr. George is the only physician on staff, but she is supported by a team of employees.   Epiphany provides general dermatology, skin cancer care, Mohs surgery, cosmetic services and additional dermatologic services. It has partnerships with dermatologists in more than 90 locations across Arizona, Colorado, Georgia, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Oklahoma, South Carolina, Texas and... Read More »
Warburg Pincus Recapitalized MB2 Dental Solutions 

Warburg Pincus Recapitalized MB2 Dental Solutions 

On November 13, Warburg Pincus, a private equity firm based in New York City, announced that it recapitalized MB2 Dental Solutions, a dental service organization (DSO) that is based in Carrollton, Texas.   Warburg invested $525 million into MB2 Dental. The transaction offered liquidity options to MB2’s doctor at a total enterprise value in excess of $3.5 billion.   The seller was Charlesbank Capital Partners, a private equity firm located in Boston, Massachusetts. The company will continue its longstanding partnership with MB2 Dental has partnered with more than 700 general and specialty dental practices across 43 states and has approximately 1,000 physicians under its... Read More »
Avid Bioservices to be Acquired by PE Firms in $1.1 Billion Transaction

Avid Bioservices to be Acquired by PE Firms in $1.1 Billion Transaction

Avid Bioservices, Inc., GHO Capital Partners LLP and Ampersand Capital Partners announced that they have entered into a definitive merger agreement for Avid to be acquired by funds managed by GHO and Ampersand in an all-cash transaction valued at approximately $1.1 billion. The transaction is expected to close in the first quarter of 2025. Avid Bioservices is a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing its services to biotechnology and pharmaceutical companies. According to its most recent annual report, Avid Bioservices’ revenue during the fiscal year (FY) ended April 30, 2023 was $149.3 million, and... Read More »