Spotlight on Orthopedics, its Independent Culture, and the Role of Private Equity

Spotlight on Orthopedics, its Independent Culture, and the Role of Private Equity

by | Jun 19, 2023 10:50 am | Physician Medical Groups, Private Equity

Orthopedic practices are highly attractive targets for investors, especially private equity-backed platforms that are looking to expand. However, it can be a challenging sector to access – in part because orthopedic groups have consolidated quickly and grown significantly larger compared to other specialties like fertility and cardiology. Orthopedic physicians treat a wide variety of common conditions  Most people would agree that their ability to move their bodies whenever they please is very important to their quality of life. Orthopedic physicians provide the surgical and nonsurgical care that people of all ages and lifestyles need to maintain their mobility. Orthopedic physicians... Read More »
Arterex Acquires NextPhase Medical Devices LLC

Arterex Acquires NextPhase Medical Devices LLC

by | Jun 19, 2023 9:55 am | Medical Devices, Private Equity

Medical Device Inc. (d/b/a Arterex) announced on June 19 that it acquired NextPhase Medical Devices LLC for an undisclosed price.  NextPhase is a class II and III medical device contract manufacturer of electromechanical devices, active implantable devices and single use disposables in North America. It provides design and engineering, manufacturing and assembly, quality and regulatory and supply chain and logistics management services, enabling its customers to bring low-to-medium volume complex medical devices to market. Arterex is a leading medical device contract manufacturer and leader in new product development and medical education in orthopedics. The company has pioneered the... Read More »
PE-Backed Capitol Imaging Acquires Two Texas Radiology Groups

PE-Backed Capitol Imaging Acquires Two Texas Radiology Groups

by | Jun 16, 2023 10:30 am | Laboratories, MRI & Dialysis, Private Equity

Capitol Imaging, backed by private equity firm Clearview Capital, announced its acquisition of two radiology groups in Texas. The acquisitions include the Houston Premier Radiology Center and Alliance MRI. The two groups offer a range of diagnostic imaging services and combine to a total of 10 locations in the Houston MSA. Alliance MRI also has several locations in the San Antonio MSA. Metairie, Louisiana-based Capitol Imaging provides outpatient diagnostic services through more than 40 facilities across Louisiana, Texas, Alabama, Mississippi and Florida. It offers multi-modality capabilities including MRI, CT and mammography. According to the press release, Capitol Imaging and Clearview... Read More »
ZT Corporate-Backed Altus Community Healthcare Acquires Exceptional Emergency Center

ZT Corporate-Backed Altus Community Healthcare Acquires Exceptional Emergency Center

by | Jun 16, 2023 10:26 am | Other Services, Private Equity

ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, announced on June 16 that its portfolio company, Altus Community Healthcare, acquired Exceptional Emergency Center. Exceptional Emergency Center is a community based provider of freestanding emergency centers operating 14 locations across Texas. The company has locations in Beaumont, Orange, Port Arthur, Harlingen, Livingston, Brownsville, Amarillo, Lubbock, Tyler, Fort Worth and Garland. Altus Community Healthcare is an integrated network of hospitals, care centers, physicians and services providing affordable patient care across Texas. Atlus operates six locations in Austin, in addition to four... Read More »
Ampersand Capital Partners Makes Growth Investment in NanoImaging Services

Ampersand Capital Partners Makes Growth Investment in NanoImaging Services

by | Jun 13, 2023 3:33 pm | CRO, Other Services, Private Equity

Ampersand Capital Partners has made a growth equity investment in NanoImaging Services, a leading provider of cryo-electron microscopy (cryo-EM) services to the pharmaceutical and biotechnology communities. Members of the NanoImaging Services management team joined Ampersand in the financing. NanoImaging Services will use this investment to support its worldwide growth initiatives, including expanding microscope capacity and adding complementary services to further serve the needs of existing and future customers. Financial terms of the deal were not disclosed. NanoImaging Services is a specialty contract research organization (CRO) that helps biopharma companies harness the power of... Read More »
Chicago Pacific Founders’ Eye Care Group Partners with Advanced Eyecare Associates

Chicago Pacific Founders’ Eye Care Group Partners with Advanced Eyecare Associates

by | Jun 9, 2023 12:59 pm | Physician Medical Groups, Private Equity

Ascend Vision Partners (AVP) announced on June 9 that it was partnering with Advanced Eyecare Associates. This partnership expands access for patients to advanced eye care technologies, provides comprehensive vision solutions and improves patient outcomes. Advanced Eyecare Associates provides eye care to western Florida. According to its website, the practice is run by six physicians out of eight locations. Established in 2022 and backed by Chicago Pacific Founders, AVP delivers business solutions for eye care professionals, allowing ophthalmologists and optometrists to focus on patient care. AVP’s network consists of eight practices and surgery centers across 16 locations with more... Read More »