Braff Group Advises on Sale of Two Companies in Northern Virginia

Braff Group Advises on Sale of Two Companies in Northern Virginia

The Braff Group, a Pittsburgh, Pennsylvania-based M&A advisory firm specializing exclusively in health care services, announced the completion of an acquisition of Community Concepts Inc. and Community Visions LLC by Beacon Specialized Living. Both companies run residential and day support programs in Northern Virginia. Community Concepts provides residential, in-home and day support services to persons with Intellectual/developmental disabilities (I/DDs) in the Northern Virginia area. Founded in 2008, Community Visions provides services, education and advocacy to ensure that people with disabilities direct their own lives. Beacon Specialized Living, a portfolio company of Pharos... Read More »
OneOncology Acquires Lowcountry Oncology Associates 

OneOncology Acquires Lowcountry Oncology Associates 

OneOncology, a portfolio company of TPG Capital and AmerisourceBergen, announced that it entered into an agreement to acquire Lowcountry Oncology Associates.   Founded in 2001, Lowcountry Oncology Associates is an oncology practice with four locations in South Carolina. According to its website, the practice has six providers on staff.  OneOncology is a national network of independent community oncologists who assist partner practices in expanding their cancer care services. The company’s 1,000 cancer care providers care for approximately 615,000 patients at more than 339 sites nationwide. In April 2023, OneOncology was acquired by TPG Capital and AmerisourceBergen from... Read More »
Med-Metrix Announces the Acquisition of RCM Provider HRSI

Med-Metrix Announces the Acquisition of RCM Provider HRSI

Med-Metrix, LLC, backed by Greenwich, Connecticut-based private equity firm A&M Capital Partners, announced it has acquired Healthcare Receivable Specialists, Inc. (HRSI). HRSI is a specialized revenue cycle management (RCM) and patient access company providing a comprehensive suite of technology-enabled eligibility management services. The company was founded in 1997 and is based in Newtown, Pennsylvania. Med-Metrix is a leading technology-enabled services platform providing RCM and business intelligence solutions for health systems and physician groups across the United States. The company serves its customers through its Med-Metrix LLC, Medi-Centrix LLC, Physician Advisor On-Call,... Read More »
VERTESS Closes Specialty Pharmacy Deal in Mississippi

VERTESS Closes Specialty Pharmacy Deal in Mississippi

VERTESS, a Fort Worth, Texas-based healthcare M&A advisory firm, announced on July 16 the successful completion of a specialty pharmacy acquisition in Mississippi. Keystone Specialty Pharmacy was purchased by Novastone Capital Advisors. Keystone Specialty Pharmacy is a specialty pharmacy in Madison, Mississippi. Keystone offers healthcare providers new resources to treat serious infections while maintaining the highest ethical standards in business. Founded in 2019, Novastone Capital Advisors is a private equity firm based in Baar, Switzerland. The transaction was overseen by VERTESS Managing Director, Alan Hymowitz, who previously owned and operated a pharmacy before his tenure at... Read More »
MB2 Dental Acquires Bethlehem Dentistry and Brookwood Dentistry 

MB2 Dental Acquires Bethlehem Dentistry and Brookwood Dentistry 

MB2 Dental Solutions announced on July 9 that it was expanding its network with two acquisitions.   Brookwood Dentistry is a dental practice that utilizes digital dentistry to care for patients. According to its website, the practice has three providers on staff.  Bethlehem Dentistry operates out of one location in Bethlehem, Georgia. According to its website, there are two providers on staff.  MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery. ... Read More »
JLL Closes Cypress West Partners and TPG Angelo Gordon’s Acquisition of Chula Vista, California MOB 

JLL Closes Cypress West Partners and TPG Angelo Gordon’s Acquisition of Chula Vista, California MOB 

On July 9, JLL Capital Markets announced that it represented Turner Impact Capital in the sale of a Chula Vista, California medical outpatient building (MOB). The property was purchased through a joint venture between Cypress West Partners and TPG Angelo Gordon.  The MOB consists of 37,000 square feet. The facility is on the campus of the 173-bed Scripps Mercy Hospital Chula Vista. Renovated in 2015, the four-story property is currently leased to 12 tenants, including anchor tenant Scripps Health.  Cypress West Partners is a privately held investor, developer, owner and operator of medical properties throughout the western United States. The Cypress West Partners portfolio... Read More »