Syneos Health to be Acquired by a Private Investment Consortium In $7.1 Billion Deal

Syneos Health to be Acquired by a Private Investment Consortium In $7.1 Billion Deal

Syneos Health is being acquired by a consortium of private investment firm affiliates composed of Elliott Investment Management, Patient Square Capital and Veritas Capital. Completion of the transaction is expected in the second half of 2023. The consortium of private investment firm affiliates is acquiring Syneos for $43.00 per share in cash in a transaction valued at approximately $7.1 billion, including outstanding debt. The purchase price represents a 24% premium to Syneos Health’s unaffected closing stock price on February 13, 2023. Upon completion of the transaction, Syneos Health will become a private company and shares of Syneos Health Class A common stock will no longer trade on... Read More »
MB2 Dental Solutions Acquires Nine Practices

MB2 Dental Solutions Acquires Nine Practices

MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners, announced that it expanded its presence with the acquisition of nine practices.  The acquired practices are M Street Dental in Auburn, Washington; Canyon Crest Dental in Riverside, California; Diamond Lakes Dental in Hot Springs, Arkansas; Creating Smiles Dental in Clearwater and St. Petersburg, Florida; Clear Creek Family Dental in Rogersville, Ash Grove and Strafford, Missouri; Central Ohio Roots Canals in Pickerington, Ohio; Shelton Dental Excellence in Shelton, Washington; Foothill Dental in Salt Lake City, Utah; and Pasadena Family Dentistry in Pasadena, Texas.  MB2... Read More »
MB2 Dental Solutions Acquires Nine Practices

MB2 Dental Solutions Acquires Three Dental Practices

MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners, announced its acquisition of three dental practices; Dehnert Dental in Tucson, Arizona, Angel Smile Pediatric in Wylie, Texas and Town Center Dental in Flint, Michigan.  MB2 Dental Solutions partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery. These acquisitions expand MB2 Dental’s portfolio by six physicians and strengthen the company’s presence across the country. According to data captured in the LevinPro HC database, 193 Physician Medical Groups transactions have been announced in... Read More »
HouseWorks Announces Acquisition of Care and Help Home Care

HouseWorks Announces Acquisition of Care and Help Home Care

HouseWorks, LLC announced on May 3 its acquisition of Care and Help Home Care. According to data captured in the LevinPro HC database, this marks the 31st Home Health & Hospice deal of 2023. This also marks HouseWorks’ second deal of the year. In February 2022, HouseWorks acquired the personal care division at Amedisys, Inc. for an undisclosed price. Amedisys was just acquired by Option Care Health in a deal valued at $3.6 billion. You can read more about that deal on the LevinPro HC platform here. Founded in 2017, Care and Help Home Care is a leading home care provider serving seniors across Philadelphia and Bucks County. In addition to its personal care services, Care and Help also... Read More »
Provident Healthcare Partners Advises Coastal Cancer Center in OneOncology Partnership

Provident Healthcare Partners Advises Coastal Cancer Center in OneOncology Partnership

Provident Healthcare Partners announced on May 3 it has advised Coastal Cancer Center in signing a partnership agreement with OneOncology. Coastal Cancer Center, which is led by Dr. Emily Touloukian, has six medical oncologists, a hospitalist and eight advanced practice providers. It operates out of four locations in Myrtle Beach, South Carolina. OneOncology, a portfolio company of General Atlantic, is a national network of independent community oncologists assisting partner practices to expand their cancer care services. Its network includes 850 physicians practicing at more than 180 sites, serving approximately 280,000 patients annually. The announcement follows OneOncology’s recent... Read More »
Telehealth Company eVisit Announces the Acquisition of Bluestream Health

Telehealth Company eVisit Announces the Acquisition of Bluestream Health

eVisit, backed by Goldman Sachs Asset Management, announced on April 27 the acquisition of Bluestream Health for an undisclosed price. The addition of Bluestream Health brings to eVisit digital front door capabilities and integrated language services for patients to seamlessly access care.  Bluestream Health is a virtual care platform designed to help healthcare facilities provide care and streamline workflows across scheduled and on-demand visits related to wound care, home health and behavioral care. Professionals can track sessions using reports and manage intake or triage across locations. eVisit is a virtual care operating platform for health systems and large, complex healthcare... Read More »