MB2 Continues Acquisition Streak Into New Year

MB2 Continues Acquisition Streak Into New Year

MB2 Dental Solutions launched into 2024 with a strong start and lots of deal activity. As of January 23, 2024, the company has already announced its acquisition of five practices.   The practices are: Beautiful Smiles in Manasquan, New Jersey; Lehigh Acres and Fort Myers, Florida-based Caloosa Dental; the practice of Dr. Michael Rogers in El Cajon, California; Jean Chan, DDS & Associates based out of California; and Smile Loft, located in Silver Spring and Camp Springs, Maryland.   Together, the practices add 13 providers to MB2 Dental’s portfolio. The financial terms were not disclosed.   MB2 Dental Solutions, a portfolio company of middle-market private... Read More »
Empower Physical Therapy Purchases Huntington Beach Physical Therapy Specialists

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

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 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

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 »
Heartland Dental Acquires Capstone Dental 

Heartland Dental Acquires Capstone Dental 

On January 11 Heartland Dental, backed by private equity firm KKR, announced that it made its first acquisition of the year with the purchase of Capstone Dental. The financial terms were not disclosed.  Capstone Dental is run by Dr. Steven Yang, the only physician on staff. Dr. Yang operates out of one location in Charlotte, North Carolina.  Heartland Dental is a dental support organization providing non-clinical, administrative support services with more than 2,600 doctors in more than 1,650 locations across 38 states.   According to data captured in the LevinPro HC database, this transaction represents the 20th Physician Medical Groups acquisition of the year, and the... Read More »