Lone Peak Dental Group Acquires Zoo Crew Pediatric Dentistry 

Lone Peak Dental Group Acquires Zoo Crew Pediatric Dentistry 

Lone Peak Dental Group announced that it acquired Zoo Crew Pediatric Dentistry, a seven-provider dental practice based in the Nashville, Tennessee MSA.   Zoo Crew Pediatric Dentistry provides specialized pediatric care and personalized dental care to patients from its four locations in the Nashville MSA which are Hermitage, Mount Juliet, Cookeville and Lebanon.   Founded in 2003 by two pediatric dentists, Lone Peak Dental Group is a dental services organization focusing on the pediatric market segment. The company has 69 offices spanning 14 states. As of February 2024, it is backed by investment firm BlackRock as well as the Memorial Hermann Health System.  With this acquisition,... Read More »
MB2 Dental Acquires Dental Wellness of Anna 

MB2 Dental Acquires Dental Wellness of Anna 

MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners, announced on March 21 that it expanded its foothold in Texas with the acquisition of Dental Wellness of Anna.  Dental Wellness of Anna operates out of one location in Anna, Texas and, according to its website, has two providers on staff. The facility spans 3,030 square feet, featuring 11 state-of-the-art operation rooms.  MB2 Dental Solutions partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery.   The original press release notes that this acquisition is the 700th... Read More »
PE Firm Waud Capital Partners Acquires Senior Helpers

PE Firm Waud Capital Partners Acquires Senior Helpers

Waud Capital Partners announced on March 21 the acquisition of Senior Helpers, one of the national leaders in home care and wellness offerings for seniors. Waud Capital is acquiring Senior Helpers from Illinois-based Advocate Health, the third-largest nonprofit health system in the nation. Timonium, Maryland-based Senior Helpers operates through more than 380 franchised and corporate-owned locations that span 44 states, Canada and Australia. These locations provide seniors home care and wellness services, including meal planning, grocery shopping, medication reminders, transportation, companionship and assistance with personal hygiene. It also offers special programs for chronic... Read More »
PE Firm Fletch Equity Buys Autism Spectrum Interventions

PE Firm Fletch Equity Buys Autism Spectrum Interventions

Private equity investor Fletch Equity announced that it has purchased Fullerton, California-based provider Autism Spectrum Interventions (ASI).  Founded in 2009, ASI is a provider of applied behavior analysis therapy in home- and school-based settings. The company works with school districts, Medi-Ca, Medicaid and several commercial health plans.  Founded in 2019, Fletch Equity is a firm focused on the lower-middle market. The company is headquartered in Los Angeles, California and prefers to invest in growth-stage companies through buyouts.  According to Fletch Equity, the ASI acquisition marks the firm’s thirteenth acquisition in the last 33 months. Mergers and... Read More »
MB2 Dental Acquires Dental Wellness of Anna 

Specialized Dental Partners Acquires 2 Endodontics Practices 

Franklin, Texas-based Specialized Dental Partners announced that within one week it acquired both Northeastern Ohio Endodontics and Apex Endodontics.  Northeastern Ohio Endodontics provides care out of two locations in Ohio: Canfield and Warren. It has three providers on staff, according to its website.   Apex Endodontics is an endodontics practice with one location in Colorado Springs, Colorado. According to its website, it has three providers on staff.  A portfolio company of private equity firm Quad-C Management, Specialized Dental Partners is a leading specialty dental service organization that provides comprehensive support services to endodontic specialists across... Read More »
Private Equity’s Prominence in 2023 and 2024

Private Equity’s Prominence in 2023 and 2024

Private equity (PE), for several years, has had a large presence in the healthcare M&A market. In 2023, there were 766 transactions that were completed by a private equity group, and/or a portfolio company. This equates to roughly 35% of the entire 2,197 healthcare acquisitions that were reported during 2023. This high percentage of PE activity in the healthcare M&A market continued from 2022 which saw 976 PE-backed acquisitions, or approximately 40% of the 2,461 announced deals. Between January 1, 2024 and February 29, 2024, 113 of the 359 deals have been completed by a PE-backed buyer, or 31%.  The sector with the most PE interest was Physician Medical Group (PMG), totaling... Read More »