GTCR to Acquire Cloudbreak Health
GTCR has announced that it has signed a definitive agreement to acquire Cloudbreak Health, LLC in a corporate carve-out transaction from UpHealth, Inc. Cloudbreak Health originally combined with UpHealth, Inc., formerly known as GigCapital2, Inc., and UpHealth Holdings, Inc. in November 2020. The combined UpHealth entity had a combined pro forma enterprise value of $1.35 billion and traded on the New York Stock Exchange under the ticker “UPH”. Under the terms of the agreement, the purchase price is $180 million, and the transaction is expected to close in the first quarter of 2024 following the receipt of customary regulatory and stockholder approvals and closing... Read More »
PE Firm Fulcrum Equity Partners Acquires Defining Wellness Centers
Fulcrum Equity Partners has announced its acquisition of Defining Wellness Centers, a premier drug and alcohol addiction treatment facility located in Mississippi. The strategic investment aims to propel the expansion of Defining Wellness Centers, leveraging Fulcrum’s financial support and industry expertise to broaden its impact in the Mississippi market and beyond. Committed to evidence-based care and empowerment, Defining Wellness Centers provides clients with the tools and support needed to overcome substance use disorders and mental health issues. Fulcrum Equity Partners is an Atlanta-based growth equity firm that invests in healthcare services and B2B tech... Read More »
Urology America Acquires Conrad Pearson Clinic
Urology America, a portfolio company of Gauge Capital, announced its acquisition of Conrad Pearson Clinic. According to data captured in the LevinPro HC database, this transaction marks the 458th Physician Medical Groups acquisition of the year, and the sixth in the urology specialty. Conrad Pearson Clinic provides high-quality urology care out of three locations: Germantown and Cordova, Tennessee and Southaven, Mississippi. According to its website, the practice has 10 physicians on staff which are supported by a team of three physician assistants. Urology America is a national urology platform founded in central Texas by Urology Austin physicians. It supports more than 90... Read More »
Parallel ENT & Allergy Acquires Michigan ENT & Allergy Specialists
Parallel ENT & Allergy announced on November 14 that it has added Michigan ENT & Allergy Specialists to its network. With the addition of Michigan ENT & Allergy Specialists, Parallel supports 93 providers and 443 employees across 19 locations in five states. Michigan ENT & Allergy Specialists provides otolaryngology care for all ages across the Grand Rapids, Michigan MSA. The practice also offers sinus and rhinology care, treatment for balance and dizziness disorders and comprehensive audiology services. The practice has six locations throughout Michigan: Holland (main office), Grandville, Grand Rapids, Allegan, Grand Haven and Hastings. According to its website, the... Read More »
Provident Healthcare Partners Advises Mid-Florida Cancer Centers
Provident Healthcare Partners announced on November 9 that it advised Mid-Florida Hematology and Oncology, doing business as Mid-Florida Cancer Centers (MFCC), in signing a partnership agreement with OneOncology. MFCC offers patients medical oncology, hematology and radiation oncology services, as well as the convenience of an in-office lab, oral pharmacy and advanced medical imaging services, including PET/CT. According to its website, the practice has 11 providers caring for patients at four locations in the Orlando MSA. MFCC intends to grow by attracting additional healthcare professionals to practice in the growing Central Florida market and expanding services into adjacent... Read More »Schedule a demo
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