Cardiovascular Logistics acquires First Coast Cardiovascular Institute

Cardiovascular Logistics acquires First Coast Cardiovascular Institute

Cardiovascular Logistics (CVL), a portfolio company of private equity group Lee Equity Partners, announced on April 24 that it acquired First Coast Cardiovascular Institute (FCCI). Founded in 2002, FCCI has built a reputation of providing compassionate care to residents of Northeast Florida and Southern Georgia. FCCI offers board certified services in cardiovascular medicine, sleep medicine, pulmonology, amputation prevention and stroke care and prevention. It has 48 providers on staff.  CVL is the one of the most comprehensive cardiovascular platforms in the country. Formed in 2013, CVL is integrating the nation’s best cardiology practices into one robust cardiovascular... Read More »
Quadria-Backed HCAH Acquires Nightingales Home Health Services in India

Quadria-Backed HCAH Acquires Nightingales Home Health Services in India

Health Care At Home India Pvt. Ltd (HCAH), backed by Asia healthcare focused private equity firm Quadria Capital, has acquired Nightingales Home Health Services in a share swap deal. According to data captured in the LevinPro HC database, this acquisition represents the 28th Home Health & Hospice (HH&H) transaction of 2023. The acquisition aims to increase HCAH’s geographic footprint in India. With this acquisition, Nightingales’ co-founder, Vishal Bali, will join HCAH as a shareholder. Financial terms of the deal were not disclosed. Nightingales Home Health Services is a specialty home healthcare service provider in India with a focus on specialty home health services... Read More »
TPG and AmerisourceBergen Corporation Acquire OneOncology in $2.1 Billion Deal

TPG and AmerisourceBergen Corporation Acquire OneOncology in $2.1 Billion Deal

TPG and AmerisourceBergen Corporation announced on April 20 that they have agreed to acquire OneOncology from General Atlantic, a leading global growth equity firm. The transaction is valued at $2.1 billion.  J.P. Morgan Securities LLC is serving as the exclusive financial advisor to AmerisourceBergen, and Morgan, Lewis & Bockius LLP and Sidley Austin LLP are serving as AmerisourceBergen’s legal advisors. Debevoise & Plimpton LLP and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C are acting as legal advisors to TPG with Guggenheim Securities, LLC serving as an advisor to the firm. Centerview Partners is serving as the exclusive financial advisor to OneOncology and General... Read More »
Smile Doctors Acquires Six Orthodontic Practices

Smile Doctors Acquires Six Orthodontic Practices

Smile Doctors, a portfolio company of Linden Capital Partners and Thomas H. Lee Partners, announced on April 18 that it acquired six orthopedic practices.  Johnson Orthodontics is based in Waukee, Idaho and is run by Dr. Michael Johnson. With one Colorado Springs location, Johnson Orthodontics is run by Dr. Warren Johnson. Imagine Braces offers orthodontic care out of one Colorado location. It has three doctors on staff. Henneberry Orthodontics is run by Dr. Michael Henneberry and operates out of Ponca City and Stillwater, Oklahoma. Operating out of three locations in Oklahoma, Craig and Streight Orthodontics is run by a team of three physicians. Modern Orthodontics is run by Dr. Alan... Read More »

Ivy Fertility Acquires Virginia Fertility & IVF

Ivy Fertility, a portfolio company of New York-based private equity firm InTandem Capital Partners, announced on April 17 that it acquired Virginia Fertility & IVF.  Virginia Fertility & IVF is a Charlottesville, Virginia-based reproductive health, infertility and IVF practice led by Christopher Williams, M.D., Laura Smith, M.D. and Linnea Goodman, M.D. FACOG. The practice’s physicians have faculty appointments at the University of Virginia and residents train onsite at Virginia Fertility & IVF. Ivy Fertility is recognized as pioneers and innovators in the field of advanced reproductive technologies, in vitro fertilization, third-party reproduction, andrology and... Read More »
Verisma and ScanSTAT Announce Merger

Verisma and ScanSTAT Announce Merger

Verisma Systems, a portfolio company of private equity firm NewSpring Capital, and ScanSTAT announced a merger of the two companies, creating a new market leader in Release of Information (ROI). NewSpring Healthcare, NewSpring’s healthcare strategy and an existing investor in Verisma, provided funding to facilitate the transaction. Guggenheim Securities, LLC acted as exclusive financial advisor to ScanSTAT. Financial terms of the deal were not disclosed. ScanSTAT Technologies is a medical records release and disclosure management company. ScanSTAT specializes in ROI solutions for physician groups, ambulatory services, health systems and hospitals with expanded health information management... Read More »