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 »
Align ENT + Allergy Acquires Mid-Michigan ENT
Align ENT + Allergy, a portfolio company of Zenyth Partners, announced that it acquired Mid-Michigan ENT. Mid-Michigan ENT has one location in East Lansing, Michigan. According to its website, there are five physicians on staff. Align ENT + Allergy is a management services organization (MSO) supporting a community of physician-led ear, nose & throat (ENT) and allergy practices. Align provides non-clinical support services to private practices through a true partnership model, whereby partners gain the advantages of a professionalized MSO while retaining local control so that they can focus on providing care within their communities. Align will continue to grow... Read More »
Guided Practice Solutions Acquires 100th Location
On September 18, Guided Practice Solutions (GPS Dental) announced that it acquired its 100th practice location with the purchase of Taylor Street Dental. According to data captured in the LevinPro HC database, this acquisition represents the 364th Physician Medical Group transaction of the year, and the 192nd in the dental specialty. Taylor Street Dental is located in one office in Springfield, Massachusetts. According to its website, there are four physicians on staff. GPS Dental is a dental service organization founded in 2015 by Dr. Hunter Smith and Dr. William Little. It received a strategic investment by Main Post Partners in 2021. Dr. Hunter Smith, CEO and Co-Founder of... Read More »Schedule a demo
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