


Behind the Deal: PGP Advises on Women’s Health Transaction with Webster Backed Nova Women’s Health
Physician Growth Partners (PGP), a sell-side healthcare investment banking firm dedicated to representing independent physician practices in transactions with private equity, announced it advised on a new Women’s Health platform transaction. Webster Equity Partners recently formed Nova Women’s Health Partners through its simultaneous acquisition and merger of WomanCare and Women’s HealthFirst alongside Georgia-based Midtown OB/GYN. Women’s HealthFirst is an OB/GYN practice with five locations in Illinois. There are 10 physicians on staff. WomanCare is a 17-physician OB/GYN practice that is based in four locations in Illinois. Founded in 2003, Webster Equity... Read More »
Behind the Deal: PGP Advises on Unique Parallel ENT & Allergy Transaction
Physician Growth Partners (PGP), a sell-side healthcare investment banking firm dedicated to representing independent physician practices in transactions with private equity, announced that it advised on the acquisition of Allergy & Asthma Associates of Michigan by Parallel ENT & Allergy. Allergy & Asthma Associates of Michigan is an allergy practice with three locations in Michigan: Royal Oak, Sterling Heights and Livonia. According to its website, there are four physicians on staff, who are supported by a team of seven physician’s assistants. Launched in July 2022, Parallel ENT & Allergy Partners is backed by Trinity Hunt Partners, a growth-oriented... Read More »
Iris Telehealth Expands Telepsychiatry Services With InnovaTel Acquisition
Iris Telehealth announced on January 21 the acquisition of InnovaTel, a division of Quartet Health. Financial terms of the deal were not disclosed. InnovaTel is a clinically-led mental health as a service platform dedicated to improving mental health outcomes for individuals and communities by providing timely access to a national network of qualified psychiatrists, psychiatric nurse practitioners and licensed clinical social workers. InnovaTel by Quartet Health is backed by private equity firm Canyon Healthcare Partners. Iris Telehealth helps healthcare organizations increase access to behavioral health care for their patients by providing the care models, clinicians, analytics and... Read More »
Levine Leichtman Capital Partners and Management Acquire Synergy HomeCare
Levine Leichtman Capital Partners (LLCP) announced that it has partnered with management to acquire Synergy HomeCare from NexPhase Capital, LP. Synergy HomeCare will continue to be run by the existing executive team led by CEO, Charlie Young. Synergy HomeCare is a provider of in-home care services to individuals of all ages with more than 240 franchises operating in approximately 550 territories across 42 states. The company provides a broad range of non-medical in-home services including personal care, companion care, memory care and specialized care for individuals living with physical or developmental disabilities, chronic health conditions or recovering from illness or surgery. Synergy... Read More »