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Varsity Healthcare Partners Completes Sale of Angels of Care

Varsity Healthcare Partners Completes Sale of Angels of Care

Varsity Healthcare Partners (VHP), a Stamford, Connecticut-based lower middle-market private equity investment firm, announced on February 13 it closed its sale of Angels of Care to Nautic Partners.  VHP originally acquired a majority stake in Angels of Care in April 2019 and, during the course of its investment, partnered with the management team to expand Angels of Care’s geographic service area from two states to seven and grow into one of the largest pediatric home healthcare providers in United States. Now, VHP is selling its stake in the company. Terms of the transaction were not disclosed.  Angels of Care provides comprehensive home health services to pediatric patients... Read More »
Smile Doctors Acquires 7 Practices 

Smile Doctors Acquires 7 Practices 

Smile Doctors, backed by Linden Capital Partners and Thomas H. Lee Partners, announced that in the last quarter of 2024 it added seven practices to its portfolio.   The practices are Daniel S. Martin Orthodontics in Indiana; Murphy Orthodontics based in Louisiana; O’Leary Orthodontics in South Carolina; Fryar Orthodontics based out of Indiana; Virginia Orthodontic Partners in Virginia; Breha Orthodontics in Ohio; and DK Orthodontics in North Dakota.  Smile Doctors is an orthodontic dental support organization with more than 415 locations in 28 states. The company is based in Georgetown, Texas.   These new affiliations expand Smile Doctors’ network by 17 locations and... Read More »
Aquiline Capital Partners Makes Majority Investment in Health Prime International

Aquiline Capital Partners Makes Majority Investment in Health Prime International

Aquiline Capital Partners announced that it has made a majority investment in Health Prime International, headquartered in National Harbor, Maryland.  Health Prime International provides practice management and revenue cycle management (RCM) solutions to medical practices across the United States. Founded in 2004, Health Prime provides RCM solutions to more than 800 clients across 50 specialties.  Aquiline Capital Partners is a private equity firm that invests in businesses across the globe. It has more than $10 billion in assets under management, with a focus on investing in companies across the financial services and technology, healthcare and business services... Read More »
Dental365 Acquires Dynamic Growth 

Dental365 Acquires Dynamic Growth 

Dental365 announced it was expanding its presence in Pennsylvania with the purchase of Dynamic Growth.   Dynamic Growth is a dental services organization that operates out of six offices in central Pennsylvania. It offers pediatric, family and cosmetic dentistry from six different brands. The brands and office locations are Grove Dental Group, State Hill in Wyomissing; Grove Kids Pediatric Dentistry in Wyomissing; Theodore E. Dando, DMD Family & Cosmetic Dentistry in Hamburg; LANCO Dental Care in Lancaster; Advanced Dentistry of Centre County in State College; and Complete Family Dentistry in Wellsboro.   Dental365 is a full-service family dental practice and support... Read More »
Orthopedic Care Partners Partners With Palm Beach Hand to Shoulder

Orthopedic Care Partners Partners With Palm Beach Hand to Shoulder

Orthopedic Care Partners (OCP), a portfolio company of Varsity Healthcare Partners, announced its strategic affiliation with Palm Beach Hand to Shoulder in Jupiter, Florida.  Palm Beach Hand to Shoulder is an orthopedic practice owned by Veronica A. Diaz, MD, a board-certified, shoulder fellowship-trained orthopedic surgeon. Since 2010, Dr. Diaz has performed thousands of procedures and specializes in the management of degenerative, traumatic and sports-related conditions of the shoulder and upper extremity. According to its website, Dr. Diaz is the only provider on staff.   OCP is a strategic partner and support organization for top-performing orthopedic practices across the... Read More »
Arlington Capital Partners Announces Majority Investment in Afton Scientific

Arlington Capital Partners Announces Majority Investment in Afton Scientific

Arlington Capital Partners has announced a majority investment in Afton Scientific, a contract, development and manufacturing organization (CDMO) dedicated to sterile manufacturing of injectable pharmaceuticals. According to data captured in the LevinPro HC database, this acquisition marks the third CDMO transaction of the year. There were 21 CDMO transactions announced during 2023, and 39 during 2022. Based in Charlottesville, Virginia, Afton Scientific specializes in sterile injectable drug manufacturing as well as providing pre-sterilized vials and kits. The company performs aseptic fill-finish for products ranging from pre-clinical through commercial-scale manufacturing across various... Read More »