Patient Square Capital Announces $2.6 Billion Transaction with Purchase of Premier
Patient Square Capital, based in Menlo Park, California, announced that it is purchasing Premier, Inc. in a $2.6 billion deal. The agreement, announced on September 22, is subject to regulatory approvals as well as shareholder signoffs, but is expected to close by the first quarter of 2026. According to the press release, Premier stockholders would receive $28.25 cash per share, which the companies said is a 23.8% bump over its 60-day volume-weighted average price as of September 5. Premier is a technology-driven healthcare improvement company that provides solutions to two-thirds of all healthcare providers in the United States. Headquartered in Charlotte, North... Read More »
Keensight Capital Acquires Majority Stake in Isto Biologics
French private equity firm Keensight Capital announced it has agreed to acquire a majority stake in Isto Biologics from Thompson Street Capital Partners. Founded in 2016, Isto Biologics is a regenerative MedTech company developing and manufacturing orthobiologic products to help patients heal faster. Isto’s product offering covers six functional areas of unique bone graft solutions, and includes a range of allografts, which are notably used for bone repair in the spine. Isto sells its products to more than 400 hospitals and clinics, which are used in 15,000 surgical procedures per month, primarily in the United States. Keensight Capital is a European growth buyout firm. With more than 25... Read More »
Southern Orthodontic Partners Acquires 3 Orthodontic Practices
Southern Orthodontic Partners (SOP), a portfolio company of Shore Capital Partners, announced that it added three orthodontic practices to its network: Lowcountry Orthodontics, Gerlein Orthodontics and Smile at the World Orthodontics. Lowcountry Orthodontics operates out of three locations in South Carolina: St. George, Goose Creek and Summerville. There is one physician on staff, Dr. Roland Fulcher. Based in Chevy Chase, Maryland, Gerlein Orthodontics is run by Dr. Eduardo Gerlein and a team of 12 employees, including orthodontic assistants and lab technicians. Smile at the World Orthodontics has one location in Temple, Texas. According to its website, the orthodontic... Read More »
Allied Physicians Group Acquires Allergy, Asthma & Sinus Center of Long Island
On September 15, Allied Physicians Group announced that it acquired Allergy, Asthma & Sinus Center of Long Island, an eight-location ear, nose and throat (ENT) practice. Allergy, Asthma & Sinus Center of Long Island provides expertise in allergy diagnosis and treatment. Its services include asthma management, chronic cough evaluation, care for eczema and atopic dermatitis, nasal polyps treatment, sinusitis and rhinosinusitis management and sleep disorder care. According to its website, the practice has four providers on staff serving pediatric and adult patients at all of the locations. Allied Physicians Group is a partnership of more than 150 physicians and clinicians... Read More »
