Espire Dental Acquires Los Gatos Dentistry 

Espire Dental Acquires Los Gatos Dentistry 

Espire Dental, backed by Denver, Colorado-based private equity firm Rallyday Partners, announced that it was expanding its services in California with the acquisition of Los Gatos Dentistry.   Los Gatos Dentistry is a dental practice with one location in Los Gastos, California. According to the website, the practice has two providers on staff.  Founded in 2018 and headquartered in Denver, Espire Dental is an dental service organization with 27 practices located in Colorado, California, Oklahoma and Wyoming. It seeks and acquires practices with a clinical philosophy that focuses on the patient experience.   TUSK Practice Sales advised Los Gatos Dental in connection... Read More »
PE-Backed Ivy Rehabs Welcomes Helping Hands Rehabilitation to Network

PE-Backed Ivy Rehabs Welcomes Helping Hands Rehabilitation to Network

On September 11, Ivy Rehab announced its partnership with Helping Hands Rehabilitation in Manalapan, New Jersey. Helping Hands Rehabilitation a premier provider of certified hand therapy and specialized rehabilitation services in New Jersey. Founded in 2003, Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, is a network of outpatient physical, occupational and speech therapy and applied behavior analysis clinics throughout the United States. Now, as part of the Ivy Rehab Network, this partnership will leverage Ivy Rehab’s extensive resources and network to elevate the quality of care provided to patients in Manalapan and surrounding areas.... Read More »
PE-Backed Ivy Rehabs Welcomes Helping Hands Rehabilitation to Network

Confluent Health Welcomes Fitness Quest Physical Therapy to Expanding Network

On September 10, Confluent Health announced its latest partnership with Fitness Quest Physical Therapy, a physical therapy company with 16 clinics across Southwest Florida. Fitness Quest Physical Therapy has been providing rehabilitative services to patients in the Southwest Florida area since 1998. The company offers a comprehensive range of services, including orthopedic and sports physical therapy, total joint replacement rehabilitation, work-related injury therapy, pre/post-surgical rehabilitation, women’s and men’s pelvic health, neuro rehabilitation, gait and balance therapy, lymphedema therapy and auto accident injury recovery. Confluent Health, a portfolio company of... Read More »
U.S. Oral Surgery Management Acquires 4 Dental Practices 

U.S. Oral Surgery Management Acquires 4 Dental Practices 

On September 10, U.S. Oral Surgery Management (USOSM), a portfolio company of New York City-based private equity firm Oak Hill Capital Partners, announced that it completed the acquisition of four dental practices.   Granite State Oral Surgery operates out of two locations in New Hampshire: Salem and Londonderry. According to its website, the practice is run by Dr. Salman Malik, who is the only physician on staff.  Oral Surgery & Implant Associates of Greenville is based in Greenville, South Carolina. According to its website, there is one provider on staff: Dr. Jeff Simmons.  Hattiesburg Oral Surgery & Implant Center is based in Hattiesburg, Mississippi.... Read More »
Revelstoke Capital Partners Makes Significant Growth Investment in MediQuant

Revelstoke Capital Partners Makes Significant Growth Investment in MediQuant

Revelstoke Capital Partners has announced a significant growth investment in MediQuant, LLC, representing the seventh investment from Revelstoke Capital Partners Fund III. MediQuant provides hospital data active archiving and interoperability solutions for hospitals and health systems. MediQuant’s flagship product, DataArk®, allows health systems to maintain access to relevant clinical, financial and administrative data, ensuring that valuable data required for patient care and compliance is secure and within reach. MediQuant’s platform applications provide an active view of patient records from within existing systems. This allows customers to reduce security risks and costs... Read More »
Interest Rate Environment Changing PE Strategies in Health Care

Interest Rate Environment Changing PE Strategies in Health Care

For years, private equity firms have been the dominant players in the healthcare investment market, but the macroeconomic headwinds and high interest rates have finally forced private equity firms and platform companies (collectively, PE Buyers) to slow their investment strategies. According to data captured in our LevinPro HC platform, PE buyers have publicly announced 434 transactions this year through August 25. That total compares to 535 transactions posted through the same period in 2023, representing an 18% year-over-year decrease in volume.  “Beginning in Q4 of 2023, the private equity market began to feel the effects of an economic slowdown that continued into the first half... Read More »