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 (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 »
Kayne Anderson Acquires Telehealth Platform TeleMed2U
Kayne Anderson announced that it is acquiring a majority share of TeleMed2U through Kayne Anderson Growth Capital, its dedicated growth capital strategy. TeleMed2U is a leading provider of telemedicine solutions, based in Roseville, California. With more than 275 specialist care providers, TeleMed2U’s suite of telemedicine services engages patients across the healthcare continuum, offering outpatient care, inpatient services and asynchronous telemedicine across 20 specialties, including Behavioral Health, Endocrinology, Rheumatology, Infectious Diseases, Dermatology and more, regardless of the patient’s geographic location. Founded in 1984, Kayne Anderson Capital... Read More »
Private Equity Firm Frazier Healthcare Partners Picks Up RevSpring
Healthcare-focused private equity firm Frazier Healthcare Partners announced on March 12 the completion of its acquisition of RevSpring from Chicago, Illinois-based GTCR. Frazier is joined in the transaction by NEA, 22C Capital and RevSpring’s senior leadership team. RevSpring offers physical and electronic invoices, consumer payment portals, data cleansing solutions and analytics tools. It serves a client base of approximately 2,000 health systems and hospitals, revenue cycle management (RCM) providers and financial services organizations. The company was originally acquired by GTCR in November 2016. Frazier Healthcare Partners is a provider of growth capital to healthcare... Read More »
Summit BHC Enters New England Market With Sobriety Centers of New Hampshire Acquisition
Summit BHC has announced its entry into the New England market with the acquisition of Sobriety Centers of New Hampshire (SCNH). Financial terms of the deal were not disclosed. SCNH operates addiction treatment facilities in New Hampshire. These centers provide a broad array of substance use disorder treatments and services, including detoxification, residential and various levels of outpatient programs. Summit BHC was founded in 2013 to develop and operate a network of leading addiction treatment and behavioral health centers throughout the United States. Including the newly acquired facilities, the company owns and operates 31 inpatient facilities across 19 states. Its services include... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
