Fortis Life Sciences Acquires International Point of Care

Fortis Life Sciences Acquires International Point of Care

Fortis Life Sciences, backed by Boston-based private equity firm Summit Partners, has acquired Toronto-based International Point of Care (IPOC). IPOC specializes in developing and manufacturing diagnostic components. IPOC serves many of the leading global diagnostic companies enabling the commercialization of new immunodiagnostic and molecular diagnostic technologies. Fortis Life Sciences partners with diagnostics and life sciences companies to custom-design, validate and manufacture proprietary solutions to solve their most difficult development problems. Fortis serves a global customer base and has offices worldwide including four R&D sites and three GMP and ISO 13485 compliant... Read More »
Thermo Fisher Scientific to Acquire CorEvitas from Audax Private Equity

Thermo Fisher Scientific to Acquire CorEvitas from Audax Private Equity

Thermo Fisher Scientific Inc. announced that it entered into a definitive agreement to acquire CorEvitas, LLC from Audax Private Equity, for $912.5 million. The transaction is expected to be completed by the end of 2023. CorEvitas, based in Waltham, Massachusetts, with operations focused in the United States, provides regulatory-grade, real-world evidence solutions to pharmaceutical and biotechnology companies with objective data and clinical insights to improve patient care and clinical outcomes. CorEvitas manages 12 registries, including nine autoimmune and inflammatory syndicated registries. Its multi-therapeutic data intelligence platform builds and scales multiple clinical registries... Read More »
RealTime Software Solutions Acquires Devana Solutions

RealTime Software Solutions Acquires Devana Solutions

RealTime Software Solutions, LLC, backed by Philadelphia-based private equity firm LLR Partners, has announced its acquisition of Devana Solutions, LLC for an undisclosed price. This strategic move delivers the most comprehensive and advanced end-to-end site platform available to the market. Devana Solutions’ cloud platform provides clinical trial data analytics for central research operations (CRO) professionals. The platform supports real-time collaboration between central research operations professionals and decentralized clinicians serving patients in diverse communities. RealTime Software Solutions provides software products for clinical trial research sites, site networks,... Read More »
Autism Behavioral Institute Receives Significant Investment from Decathlon Capital Partners

Autism Behavioral Institute Receives Significant Investment from Decathlon Capital Partners

Autism Behavioral Institute (ABI) has announced a revenue-based investment from Park City, Utah-based private equity firm Decathlon Capital Partners. Headquartered in Charlotte, North Carolina, ABI provides ABA therapy and testing and evaluation services for children with autism. ABI has 11 centers across South Carolina, Washington D.C., Virginia, North Carolina, Georgia and Maryland. ABI provides individualized ABA treatment for children in home, school, and community settings. Additionally, it offers diagnostic evaluations for autism and parent participation training. Decathlon Capital Partners is a leading provider of financing solutions and growth capital for companies seeking flexible... Read More »
Cardiovascular Associates of America Partners With Bay Area Cardiology Associates

Cardiovascular Associates of America Partners With Bay Area Cardiology Associates

Cardiovascular Associates of America (CVAUSA), a portfolio group of private equity firm Webster Equity Partners, has acquired Bay Area Cardiology Associates P.A. for an undisclosed price. Westcove Partners acted as the exclusive financial advisor to Bay Area Cardiology in the partnership. Bay Area Cardiology is a cardiovascular group practice with four locations across the Tampa MSA. Bay Area Cardiology has served patients in the region for more than 30 years. According to its website, the practice has 15 providers on staff. CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians... Read More »
PE-Backed UnisLink Acquires RCM Provider HST

PE-Backed UnisLink Acquires RCM Provider HST

UnisLink has announced its acquisition of Healthcare Support Technologies (HST), a revenue cycle management (RCM) solutions provider based in New Brighton, Pennsylvania. HST provides medical billing, credentialing and medical coding services to independent physician practices, federally qualified health centers, rural health clinics and regional health systems across the United States. UnisLink, a portfolio company of Boston-based private equity firm Riverside Partners, is a national leader in revenue cycle and population health management services for independent physician practices. HST strengthens UnisLink’s position as a comprehensive provider of RCM solutions and expands the... Read More »