Lifepoint Health Acquires Cornerstone Behavioral Health El Dorado

Lifepoint Health Acquires Cornerstone Behavioral Health El Dorado

Lifepoint Health announced on January 23 that it acquired Cornerstone Behavioral Health El Dorado. Cornerstone Behavioral Health El Dorado’s operations will be rolled into the Lifepoint behavioral health business. Lifepoint plans to invest in Cornerstone Behavioral Health El Dorado’s growth and plans to add nearly 50 beds to the facility in the coming months. Terms of the deal were not disclosed. Cornerstone Behavioral Health El Dorado is a 54-bed facility in Tucson, Arizona. It offers acute inpatient treatment for mental health and substance use disorders Lifepoint Health, a subsidiary of RCCH HealthCare Partners, owns and operates 62 community hospitals, more than 30 rehabilitation and... Read More »
PE-Backed Together Women’s Health Purchases Women’s Health Consulting

PE-Backed Together Women’s Health Purchases Women’s Health Consulting

Together Women’s Health (TWH) announced on January 24 that it acquired Women’s Health Consulting. Women’s Health Consulting is a leading women’s health, obstetrics and gynecologic practice in Chicago, Illinois, with privileges at Northwestern Medicine Prentice Women’s Hospital. It is run by a team of five providers. TWH is a management services organization backed by Shore Capital Partners. TWH supports its affiliated practices and physician partners with strategic guidance, administrative resources (including revenue cycle management, marketing, human resources, finance, accounting and IT), operational expertise and capital. This acquisition brings TWH’s affiliate network to eight... Read More »
Eir Partners-Backed ReviveHealth Acquires SwiftMD

Eir Partners-Backed ReviveHealth Acquires SwiftMD

ReviveHealth has acquired SwiftMD, a virtual care services company with a strong physician network. The acquisition was facilitated by ReviveHealth’s parent company Eir Partners LLC, a Miami-based private equity firm that invests in high growth healthcare companies. Eir Partners took a majority interest in ReviveHealth as a part of the transaction. Terms of the deal were not disclosed. SwiftMD’s platform features U.S. trained board-certified doctors that provide 24/7 care. ReviveHealth is a subscription solution that provides employees and consumers with fully integrated care including primary and urgent care, mental health therapy, physical therapy, pharmacy benefits and care... Read More »
TA Associates Announces Strategic Growth Investment in Synokem Pharmaceuticals

TA Associates Announces Strategic Growth Investment in Synokem Pharmaceuticals

TA Associates, a leading global growth private equity firm, announced on January 18 that it completed a strategic growth investment in Synokem Pharmaceuticals Ltd. TA Associates was represented by AZB & Partners. BDA Partners acted as the financial adviser to Synokem. Synokem’s founders will continue as shareholders in Synokem alongside TA. Financial terms of the transaction were not disclosed. Founded in 1983, Synokem Pharmaceuticals is one of India’s leading contract development and manufacturing organizations (CDMOs), serving customers in the branded generic domestic formulations market. Synokem is based in New Delhi, India, with manufacturing and R&D facilities in Haridwar,... Read More »
InTandem Capital Partners Announces Strategic Investment in HouseWorks

InTandem Capital Partners Announces Strategic Investment in HouseWorks

InTandem Capital Partners, LLC announced on January 12 the completion of its equity investment in HouseWorks, one of the nation’s largest independent home care companies. Goodwin Procter LLP served as legal counsel for InTandem Capital. Edgemont Partners served as the firm’s exclusive financial advisor. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel for HouseWorks and SVB Securities served as the company’s exclusive financial advisor. Financial terms of the transaction were not disclosed. Founded in 1999 and based in Woburn, Massachusetts, HouseWorks is one of the nation’s largest independent home care companies. InTandem Capital Partners is a... Read More »
Lilac Center Joins ARC Health

Lilac Center Joins ARC Health

ARC Health, a Thurston Group portfolio company, has announced the acquisition of the Lilac Center, an integrated mental health care provider group with four locations in Kansas and Missouri. ARC Health enters the Kansas and Missouri markets with the acquisition. Terms of the deal were not disclosed. Founded in 2000 by Amy Tibbitts, LSCSW, and Tony Tibbitts, the Lilac Center offers psychological services with a dialectical behavior therapy (DBT) focus. It serves the greater Kansas City metro and surrounding areas. The Lilac Center helps those who suffer from childhood trauma, PTSD, suicidal thoughts, addictions and relationship issues as well as those who are diagnosed with borderline... Read More »