Thurston Group-Backed ARC Health Acquires Denver Wellness Associates
ARC Health, a Thurston Group portfolio company, has announced the acquisition of Denver Wellness Associates (DWA), a mental healthcare provider group located in Denver, Colorado. Clew Partners originated the transaction and served as buy-side advisor to ARC Health. Founded by Jeanne Theobald, MD, in 2016, DWA has grown into two clinic locations in the Denver MSA. With a team of more than 20 providers, DWA offers multiple service lines, to include therapy and ketamine services, as well as Transcranial Magnetic Stimulation. ARC Health is a mental health specialty services organization supporting psychiatry, psychology and therapy providers in multiple locations throughout the United States.... Read More »
Marquee Dental Partners Acquires Three Florida Practices
Marquee Dental Partners, a portfolio company of Chicago Pacific Founders, announced on May 11 that it purchased three dental practices in Florida. The practices are Alafaya Family Dentistry in Oviedo; the practice of Dr. Mark Damerau in Palm Beach Gardens; and the practice of John S. Ledakis D.D.S. in West Palm Beach. Marquee Dental Partners is a dental support organization, founded in 2015 with an investment of $35 million. Marquee Dental supports more than 70 offices and more than 100 dentists who care for nearly 300,000 patients annually. Marquee Dental Partners also acquired Parkside Family Dental in 2023. With the completion of these partnerships, Marquee now supports 28 offices... Read More »
Sorenson Capital-Backed Golden State Dermatology Acquires Second California Practice of 2023
Golden State Dermatology (GSD), a portfolio company of growth capital private equity firm, Sorenson Capital, has announced a new partnership with Calkin & Boudreaux Dermatology Associates in Sacramento, California. This marks GSD’s second transaction of the year. In April, GSD acquired California-based Moy-Fincher-Chipps Facial Plastics/Dermatology for an undisclosed price. The new practice expands GSD’s northern California footprint and offers patients a second GSD location in the Greater Sacramento area. Financial terms of the deal were not disclosed. Calkin & Boudreaux Dermatology Associates is run by doctors Jacqueline M. Calkin and Alison A. Boudreaux and provides... Read More »
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 »
