Medical Specialists of the Palm Beaches Expands In Florida
On October 7, Medical Specialists of the Palm Beaches (MSPB) announced that it entered into an agreement to acquire Schlein & Shinder PLLC. Schlein & Shinder PLLC is an internal medicine practice with one location in Boynton Beach, Florida. According to the press release, there are two physicians on staff: Drs. Andrew Schlein and Stacey Shinder. Backed by Ascend Partners and partnered with CareAbout Health, MSPB is a primary care-focused, multi-specialty physician group practice in South Florida. It has a team of more than 125 providers across more than 37 offices in Palm Beach and Broward counties. The company offers primary care, cardiology, interventional... Read More »
Surgery Partners Expands in Wisconsin
Surgery Partners, a portfolio company of private equity firm Bain Capital, announced that it acquired multiple orthopedic practices to form Midwest Orthopedic and Musculoskeletal Alliance (MOMA). Orthopedic Institute of Wisconsin is based out of three locations in Wisconsin and has 17 providers on staff. Sports Medicine & Orthopedic Center S.C. is a physician ownership entity in Midwest Orthopedic Specialty Hospital. It is based in North Charleston, South Carolina and is run by nine physicians. Orthopedic Specialists, LLC & ASMS Holdings, LLC are a physician ownership entity in The Surgery Center. Nothing else was disclosed. Innovative Pain Consultants is... Read More »
RCM Provider VisiQuate Acquired by PE Firm Accel-KKR
VisiQuate announced on October 1 its acquisition by Menlo Park, California-based private equity firm Accel-KKR. Financial terms of the deal were not disclosed. VisiQuate offers a user-friendly end-to-end revenue cycle management (RCM) and analytics solution that lets virtually anyone in a healthcare organization explore complex data from multiple sources to quickly gain insights and create actionable workflows. Since it was founded in 2009, VisiQuate has partnered with hospitals and health systems to markedly improve their top and bottom line. The company is headquartered in Santa Rosa, California. Accel-KKR is a technology-focused investment firm with more than $5 billion in capital... Read More »
Sanner Group Expands Medical Device Offering With Gilero
Sanner Group, backed by London-based private equity firm GHO Capital, announced that it has acquired Gilero LLC. The addition of Gilero will enhance Sanner’s offering, positioning the business as a leading provider of end-to-end services across drug delivery, diagnostics and medtech device sectors. Gilero LLC is a medical device design, contract development manufacturing organization (CDMO) headquartered in the Durham, North Carolina suburb of Morrisville. Sanner Group is a leading global healthcare packaging manufacturer and medical device CDMO. Headquartered in Germany with manufacturing facilities across Germany, France, Hungary and China, Sanner has developed from a global market... Read More »
Private Equity Drives 35% of Healthcare M&A Activity During Q3 2024
Private equity (PE) mergers and acquisitions (M&A) in the healthcare market remained robust during Q3 2024, accounting for a significant portion of overall deal activity. Out of 453 deals during Q3 2024 (as of September 23, 2024), 158 involved PE acquirers and/or their portfolio companies, accounting for 35% of the total deals. This is consistent with the same 2023 period (July 1, 2023 – September 23, 2023), when 162 of 483 deals (34%) involved PE acquirers. However, it shows a slight decline from the same 2022 period (July 1, 2022 – September 23, 2022), when 222 of 575 deals (about 39%) involved PE acquirers. This trend highlights the continued interest and investment from... Read More »Schedule a demo
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