Empower Physical Therapy Purchases Huntington Beach Physical Therapy Specialists
Empower Physical Therapy announced on January 22 the acquisition of Huntington Beach Physical Therapy Specialists, a premier physical therapy clinic in Huntington Beach, California since 1994. Empower Physical Therapy, a portfolio company of Sheridan Capital Partners, provides physical therapy practice management services and operates outpatient physical therapy clinics throughout the southeastern United States. The founder-owners of HBPTS, Risha Strople, Bryan Strople and Nathan Kindstrand, will continue to lead the business and join the Empower leadership team. Financial terms of the deal were not disclosed. According to data captured in the LevinPro HC database, this... Read More »
PE-Backed Sight360 Acquires Florida Eye Specialists & Cataract Institute
Sight360, backed by California-based private equity firm SBJ Capital, announced on January 22 that it has combined with Florida Eye Specialists & Cataract Institute (FESCI). With this partnership, Sight360 expands their combined scope of care to more patients in Pinellas, Hillsborough, Pasco, Hernando, Citrus and Polk Counties, Florida. Founded in 1981 by Dr. Gregory Henderson, FESCI serves patients on the west coast of Florida with the full scope of ophthalmology, optometry, cosmetic surgery and hearing services. With eight locations in the Tampa MSA, the practice has 32 providers on staff, according to its website. Sight360 provides integrated vision care services, including... Read More »
Complete Health Acquires Cullman Primary Care
Complete Health, a portfolio company of private equity group Pharos Capital Group, announced on January 18 that it was expanding its Alabama footprint with the acquisition of Cullman Primary Care, PC. Cullman Primary Care is a 15-physician internal medicine and primary care practice operating out of six locations in Alabama. With more than 20 locations across Alabama and Florida, Complete Health partners with physician medical groups (PMGs) to provide practice and technology support driven by value-based care concepts. Complete Health has more than 130 health care providers and 800 employees caring for more than 150,000 patients. With this acquisition, Complete... Read More »
Vesey Street Capital Partners Announces Majority Recapitalization of Inceptua Group
New York-based Vesey Street Capital Partners, LLC announced that funds managed by Vesey Street have completed a majority recapitalization of Inceptua Group. Inceptua Group is a leading provider of clinical trial supplies and related services, as well as global early access programs, with more than 25 years of specialized industry experience. Vesey Street Capital Partners is a strategic private equity manager founded in 2014 that focuses on healthcare services. Since its inception, the firm has deployed approximately $700 million in capital. As part of the transaction, Doug Cook, formerly Executive Vice President and President of Global Commercialization Services and... Read More »
