Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40
Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
Qscan Group Holdings Sold to Investment Group
Sydney, Australia-based Quadrant Private Equity is selling Qscan Group Holdings, a comprehensive diagnostic medical imaging and interventional practice with multiple clinics in South-East Queensland and additional clinics throughout Australia. The buyers are Infratil Limited, a New Zealand investment firm focused on a variety of industries, including renewable energy and social infrastructure, and Morrison & Co Growth Infrastructure Fund, a leading alternative asset manager. Infratil is acquiring a 60% stake in Qscan for AUD $330 million, and Morrison & Co will acquire an additional 15% for AUD $82.5 million. The price comes out to around U.S. $294 million. Qscan Group is expected... Read More »
IRA Capital Adds New Health Center to Portfolio
IRA Capital, a private equity firm with a primary focus on the acquisition and management of real estate assets, announced last week it purchased North Hills Health Center in Menomonee Falls, Wisconsin. The campus of North Hills Health Center houses two Class A buildings totaling 119,000 square feet. They are fully leased to Froedtert Health, a five-hospital system and the primary teaching affiliate of the Medical College of Wisconsin. The deal is valued at $60 million, or $504 per square foot. Froedtert provides a range of outpatient services at the North Hills facility, including an imaging center, fertility clinic, sleep center, women’s health center, pulmonary rehab facility,... Read More »
Anne Arundel Dermatology Under New Ownership
Anne Arundel Dermatology Management (ADM) has been an active buyer in the healthcare M&A space for the past few years. Backed by private equity firm New MainStream Capital (NMS), the physician practice group has announced 10 acquisitions since January 2018, according to search results in our HealthCareMandA.com Deal Database. The pair announced several additions in 2019 alone. Anne Arundel Dermatology provides dermatological services in Maryland, Virginia, Tennessee, North Carolina and Pennsylvania. The practice has 74 locations and 181 providers and offers a comprehensive suite of dermatologic services, offering general... Read More »
Ampersand Capital Partners Strikes Two Deals
Ampersand Capital Partners, a middle-market private equity firm, had a busy week, announcing two deals back to back. On September 21, the company revealed it acquired GeneWerk GmbH and American Laboratory Products Company, Ltd. for an undisclosed sum. Based in Heidelberg, Germany, GeneWerk GmbH is a cell and gene therapy testing laboratory focused on providing preclinical and clinical trial patient sample analysis services. The company is recognized as a leading provider of vector integration site analysis (ISA) services, a method that was developed by the company’s founders and that the FDA and European Medicines Agency recommend performing after the administration of both... Read More »
KKR Buys 1-800-Contacts in Multibillion-Dollar Deal
The private equity giant KKR (NYSE: KKR) has swooped in to buy 1-800-Contacts, a name we might all recognize from its catchy commercials. In case you don’t know, 1-800 Contacts is the largest seller of contact lenses in the U.S., serving more than 20 million customers for the last 25 years. The growing portfolio of innovative 1-800 Contacts brands includes Liingo Eyewear, 6over6, Boomerang, and Premium Vision. KKR is buying the company from AEA Investors for approximately $3.1 billion, according to sources cited in a report in PE Hub. AEA Investors has been the majority shareholder of 1-800 Contacts since 2015 when it purchased the company from Thomas H. Lee Partners, L.P. AEA... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
