Resurgens Technology Partners Acquires Valant Medical Solutions 

Resurgens Technology Partners Acquires Valant Medical Solutions 

Gemspring Capital, a private equity firm based in Westport, Connecticut, announced on December 4 the sale of Valant Medical Solutions to Resurgens Technology Partners.  Aeris Partners served as financial advisor to Valant and McDermott Will & Emery LLP served as legal counsel to Gemspring. The financial terms were not disclosed.  Valant Medical Solutions is a provider of SaaS-based electronic health record (EHR) and practice management software for behavioral health providers. It provides a comprehensive and differentiated software platform that enables customers to manage key operational, clinical and financial workflows to drive optimal business and patient outcomes. Valant... Read More »
New Mountain Capital-Backed PerkinElmer Acquires Covaris

New Mountain Capital-Backed PerkinElmer Acquires Covaris

PerkinElmer, backed by New York-based private equity firm New Mountain Capital, announced on December 4 that it has acquired Covaris. According to data in the LevinPro HC database, this transaction marks the 118th Laboratories, MRI and Dialysis acquisition of 2023, and 27th in the laboratories specialty.  Covaris, also majority-owned by New Mountain Capital, provides tools and technologies to improve pre-analytical sample preparation, enable novel drug formulations and manage compounds in the drug discovery process. The company was founded in 1999 in Woburn, Massachusetts.  PerkinElmer provides products and services to the diagnostics, research, environmental, industrial and... Read More »
Laborie Medical Technologies Invests in Start-Up Bright Uro

Laborie Medical Technologies Invests in Start-Up Bright Uro

Laborie Medical Technologies Corp. (LMT) has announced a strategic equity investment in Bright Uro, an early-stage medical technology company headquartered in Irvine, California. Founded in 2021, Bright Uro is developing the Glean Urodynamic System™, a wireless, catheter-free, urodynamic monitoring system intended to quantify the pressure characteristics of the lower urinary tract.  LMT, a subsidiary of Stockholm-based private equity firm Patricia Industries, is a global medical technology company focused on urology, urogynecology, gastroenterology, obstetrics, gynecology and neonatal health. LMT develops, manufactures and markets medical technology and consumables to diagnose and... Read More »
Quadrant-Backed Partnered Health Acquires New View Psychology

Quadrant-Backed Partnered Health Acquires New View Psychology

Partnered Health, a portfolio company of Quadrant Private Equity, has acquired a psychology services platform in a small but strategic bolt-on acquisition. The company announced its acquisition of New View Psychology (NVP) on November 30, 2023.  Founded in 2005, NVP is an Australian business that connects organizations with psychologists. NVP acts as a bridge between its network of nearly 150 psychologists across the country and parties in need of their services, including GP clinics, corporates and Employee Assistance Program providers.  Partnered Health is made up of a number of established businesses that have been delivering health services to more than five million people... Read More »
MB2 Dental Acquires Studio Dental and Twin Peaks Dental 

MB2 Dental Acquires Studio Dental and Twin Peaks Dental 

MB2 Dental Solutions announced it added two more practices to its growing portfolio.  Led by Dr. Athena Storey, Studio Dental provides dental services including general, family, cosmetic and sedation dentistry. The practice operates out of Oro Valley, Arizona, a suburb of Tucson.  Twin Peaks Dental is based in Tucson, Arizona. According to its website, it has one physician on staff: Brian Martin, DDS.  MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, partners with dentists and specialists in more than 35 states. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic... Read More »
PhyNet Dermatology Expands in California 

PhyNet Dermatology Expands in California 

PhyNet Dermatology LLC announced that it expanded its presence in California with the acquisition of the Center for Dermatology Cosmetic and Laser Surgery.  With two locations in the Bay Area, in Fremont and Milpitas, California, the Center for Dermatology Cosmetic and Laser Surgery has been one of the leading dermatology facilities in the community since 1965. According to its website, the practice has three providers on staff.  PhyNet Dermatology is a dermatology practice management company headquartered in Franklin, Tennessee. With more than 280 network providers at 115 locations in 17 states, PhyNet Dermatology offers administrative management and support that enables... Read More »