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Seven Hills-Backed Reliable Medical Acquires Capstone Medical Partners

Seven Hills-Backed Reliable Medical Acquires Capstone Medical Partners

Reliable Medical Supply, a portfolio company of Chicago-based private equity firm Seven Hills Capital, announced the purchase of Washington-based Capstone Medical Partners for an undisclosed price. The acquisition further expands Reliable Medical Supply’s footprint into the Pacific Northwest, as well as enhances its solutions to long-term care facilities. Capstone Medical Partners is a Complex Rehab Technology (CRT) & Durable Medical Equipment (DME) provider based in Lakewood, Washington. Capstone Medical specializes in providing CRT & DME to long-term care facilities. Reliable Medical Supply provides CRT, clinical respiratory products, DME and supplies to serve a fragile patient... Read More »
Thurston Group Partners With Esthetics Center, Forms MedSpa Platform Alpha Aesthetics Partners

Thurston Group Partners With Esthetics Center, Forms MedSpa Platform Alpha Aesthetics Partners

Thurston Group has closed on a partnership with Esthetics Center to form Alpha Aesthetics Partners, a management services organization focused on partnering with leading medical aesthetics practices nationwide. Esthetics Center will become the anchor affiliate of Alpha Aesthetics Partners. In partnership with Thurston Group, Alpha Aesthetics Partners will execute an aggressive growth strategy focused on partnerships with high quality, like-minded groups across the country. Financial terms of the deal were not disclosed. Esthetics Center is a MedSpa group based in Sacramento, California. Led by facial plastic surgeon Dr. Reginald Rice, and with the addition of CEO John Wheeler in 2018,... Read More »
TUSK Partners Advises Grinz Orthodontics in Sale to Smile Doctors

TUSK Partners Advises Grinz Orthodontics in Sale to Smile Doctors

Smile Doctors, a portfolio company of Linden Capital Partners and Thomas H. Lee Partners, has acquired Grinz Orthodontics for an undisclosed price. The dental-focused M&A advisor TUSK Partners represented Grinz Orthodontics in the sale. Founded in 2006, Grinz Orthodontics provides orthodontic care to communities throughout North Carolina and Arizona. Under the leadership of Dr. Richard Ziehmer, Grinz Orthodontics is committed to providing premier dental care to its communities with a patient-centered approach. Smile Doctors is an orthodontic dental support organization with more than 370 locations in 27 states. According to data captured in the LevinPro HC database, this acquisition... Read More »
Medical Specialists of the Palm Beaches Acquires Palm Beach Digestive Associates

Medical Specialists of the Palm Beaches Acquires Palm Beach Digestive Associates

Medical Specialists of the Palm Beaches, Inc. (MSPB), a portfolio company of private equity firm Ascend Partners, announced on April 10 that it acquired Palm Beach Digestive Associates (PBDA).  PBDA is a premier gastroenterology practice and colonoscopy clinic run by 12 providers. It has five offices in Florida, serving the Ft. Lauderdale and Boca Raton MSAs. MSPB is a primary care-focused, multi-specialty physician medical group (PMG) practice in South Florida. It has a team of more than 100 providers that cover a range of specialties including cardiology, primary care and neurology. The practice also provides laboratory care.  Effective immediately, PBDA will become the... Read More »
Capitol Pain Institute Completes Four Acquisitions

Capitol Pain Institute Completes Four Acquisitions

Capitol Pain Institute (CPI), a portfolio company of Iron Path Capital, announced that it completed four transactions.  Springs Rehabilitation is operated by Dr. Kenneth P. Finn and Janel Sharp Moreno. In addition to rehabilitation services, the practice provides pain management services. It is based in Colorado Springs. According to data captured in the LevinPro HC database, this marks the 15th Rehabilitation transaction of the year.  Bolstering its Physician Medical Groups (PMG) portfolio, CPI acquired The Peak Physical Medicine as well as Spinal Diagnostics and Regenerative Medicine. The Peak Physical Medicine operates out of one Colorado Springs location and is run by one... Read More »

Ascend Vision Partners Acquires Elgut Eye Care

Ascend Vision Partners (AVP), a portfolio company of private equity firm Chicago Pacific Founders, announced on March 29 that it acquired Elgut Eye Care for an undisclosed price. The partnership represents AVP’s seventh in Florida and third acquisition of the year. Elgut Eye Care is led by the physician team of Drs. Noel Elgut and Cody Ott. The practice has served patients in Fort Lauderdale, Florida, and the surrounding area for more than 30 years and offers a full suite of ophthalmic services. Established in 2022, AVP delivers business solutions for eye care professionals, allowing ophthalmologists and optometrists to focus on patient care. The company’s 300 employees provide... Read More »