PE-Backed Cadence Announces Acquisition of Utitec
Cadence, Inc., a portfolio company of Kohlberg & Company since April 2018, announced on January 3 its acquisition of Utitec, Inc. in the first Medical Devices transaction of 2023. Brown Gibbons Lang & Company served as the exclusive financial advisor in the transaction. Terms of the deal were not disclosed. Utitec is a manufacturer specializing in miniature, deep drawn medical devices and commercial components. The company is headquartered in Watertown, Connecticut, with an additional medical facility located in Alajuela, Costa Rica. Cadence is a contract manufacturing partner, providing initial product design and development through complete manufacturing. Cadence employs more... Read More »
Pacesetter Health Acquires Advanced Foot & Ankle of Wisconsin
In the first Physician Medical Groups transaction of the year, Pacesetter Health announced on January 3 its purchase of Advanced Foot & Ankle of Wisconsin for an undisclosed price. Backed by Compass Group Equity Partners, Pacesetter Health is a practice management group focused on partnering with best-in-class lower extremity care clinics throughout the United States. Throughout the course of 2022, Pacesetter completed three transactions, expanding its podiatry network across Arizona and Nebraska. Advanced Foot & Ankle of Wisconsin has two locations in Milwaukee, Wisconsin, as well as satellite locations in Brookfield and Burlington, Wisconsin. The podiatry practice is owned by... Read More »
Help at Home Acquires Open System Healthcare
In its first transaction of the year, Help at Home, a leading national provider of in-home care services, announced its acquisition of Open Systems Healthcare’s home care operations in Pennsylvania and Delaware. This acquisition advances Help at Home’s growth strategy in Pennsylvania, as well as provides an opportunity for Help at Home to expand into Delaware. The transaction excludes Open System Healthcare’s service locations in the District of Columbia. Terms of the deal were not disclosed. Founded in 2011, Open Systems provides in-home care services in 68 counties across Pennsylvania with strong local market presence in the Pittsburgh, Bethlehem, Williamsport, Lancaster,... Read More »
Retina Consultants of America Adds New State to Its Portfolio
Southlake, Texas-based Retina Consultants of America (RCA) announced its acquisition of Retina Group of New England, an eye care group based in eastern Connecticut. Retina Group of New England operates three locations in Waterford, Norwich and Guilford, Connecticut. The practice is run by Dr. Nauman Chaudhry, MD and Dr. Juner M. Colina-Biscotto, MD. It specializes in the treatment of age-related macular degeneration, diabetic retinopathy, retinal detachment repair, retinal vein occlusions and other disorders of the retina, vitreous and macula. RCA is a physician management services organization formed by Webster Equity Partners in 2020. RCA has more than 215 physicians across more than... Read More »
Ivy Rehab Partners with Maximum Performance Physical Therapy and Sports Rehabilitation
Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, added two clinics to its footprint through its partnership with Maximum Performance Physical Therapy and Sports Rehabilitation. Maximum Performance Physical Therapy and Sports Rehabilitation was founded in 2013 by siblings James Van Dien and Paige Palmer. The practice offers orthopedic and sports physical rehabilitation in New Jersey, serving primarily the Bergen, Essex, Hudson and Passaic counties. Founded in 2003, Ivy Rehab is a network of outpatient physical, occupational and speech therapy and ABA clinics throughout the United States. According to data captured from the LevinPro HC database, this... Read More »Schedule a demo
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