Family Resource Home Care Acquires Woodinville, Washington-Based Companion Care

Family Resource Home Care Acquires Woodinville, Washington-Based Companion Care

Family Resource Home Care (FRHC), a portfolio company of private equity firm Great Point Partners, has announced the acquisition of Companion Care, Inc. According to data captured in the LevinPro HC database, this transaction represents the 54th Home Health & Hospice acquisition of 2023. Companion Care is a leading home care service providing non-medical services for the elderly or disabled in Woodinville, Washington and nearby areas. FRHC is one of the largest independent home care services providers in the Pacific Northwest. It offers nurse delegation, personal care, home health, meal prep and companionship to allow a client to live at home. The purchase is part of FRHC’s plan to... Read More »
Thurston Group-Backed ARC Health Acquires Dayspring Behavioral Health

Thurston Group-Backed ARC Health Acquires Dayspring Behavioral Health

ARC Health, a Thurston Group portfolio company, has announced the acquisition of Dayspring Behavioral Health. Dayspring Behavioral Health is a mental health practice with four locations throughout the Seattle MSA. Founded in 2012 by Dr. Amy Ford, the practice offers comprehensive counseling services and specialized pediatric neuropsychological assessments. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States. ARC was formed in 2021 in partnership with outpatient mental health provider Advanced Recovery Concepts. The company has more than 320 providers throughout its partner... Read More »
BV Investment Partners Announces Investment in Hardenbergh Group

BV Investment Partners Announces Investment in Hardenbergh Group

Private equity firm BV Investment Partners has announced a growth-oriented investment in Hardenbergh Group, a provider of non-clinical professional staffing, consulting, physician peer review and outsourced solutions to healthcare organizations nationwide. Founded in 1991 by Mary Hardenbergh and based in Livonia, Michigan, Hardenbergh Group offers services in consulting and the interim staffing of medical services professionals and other non-clinical roles essential to patient safety, quality of care and other governance, risk and compliance requirements of leading healthcare organizations. BV Investment Partners is one of the oldest and most experienced sector-focused private equity firms... Read More »
Evergreen Nephrology Acquires Nephrology Associates of Central Florida

Evergreen Nephrology Acquires Nephrology Associates of Central Florida

On August 15 Evergreen Nephrology, a portfolio company of Rubicon Founders, announced that it acquired Nephrology Associates of Central Florida for an undisclosed amount. Nephrology Associates of Central Florida is a full-service nephrology practice with nine locations across Central Florida. According to its website, the practice has 16 providers on staff. Evergreen Nephrology partners with nephrologists to provide the financial backing to take on increased cost of care risks associated with value-based care, which offers financial incentives to physicians, health systems and other providers based on quality of care. The new partnership will offer a multi-dimensional approach for people... Read More »
MB2 Dental Solutions Continues Acquisition Streak

MB2 Dental Solutions Continues Acquisition Streak

MB2 Dental Solutions announced the purchase of four more dental practices; Spoonhower Orthodontics in Uniontown, Ohio; Saginaw and Frankenmuth, Michigan-based MI Journey Orthodontics; Parkway Smiles Dentistry in Woodbridge, Virginia; and Sturz and Abby Pediatric Dentistry and Orthodontics based out of Bakersfield, California. These acquisitions follow MB2 Dental’s acquisitions of Forest Hills Family Dentistry and Simon Dentistry, which were announced on August 11. MB2 Dental Solutions, a portfolio company of Charlesbank Capital Partners since February 2021, partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and... Read More »
Private Equity: Acquisitions, Exits and the Future

Private Equity: Acquisitions, Exits and the Future

Since private equity has grown significantly since 2010, private equity’s impact on the healthcare market is a topic that nobody seems to be able to talk about enough. From dominating the healthcare industry as buyers or partnering with health systems, PE has a hold on the healthcare landscape. And that’s showing up in the statistics. According to data captured in the LevinPro HC database, in 2010 4% of transactions were completed by PE buyers. That percentage inclined steadily for the next several years, jumping to 31% of 1,322 healthcare transactions in 2017, and to 39% of 2,234 healthcare deals in 2021. In 2022, private equity firms and their portfolio companies announced 963... Read More »