EyeSouth Partners Acquires Sunvera Group, Expanding into Michigan
EyeSouth Partners announced its expansion into Michigan with the acquisition of Sunvera Group. The financial terms were not disclosed. Sunvera Group is a management services organization (MSO) that provides management and administrative solutions to ophthalmology practices and ambulatory surgery centers in the Midwest. Sunvera Group supports more than 16 practices, 45 physicians, 23 ophthalmology clinics and four ambulatory surgery centers in Michigan, Ohio and Pennsylvania. EyeSouth Partners, a portfolio company of Olympus Partners since 2022, is an eye care services organization in the Southeast. EyeSouth’s affiliate network consists of more than 40 practices with more than... Read More »
Brightstar Capital Partners Acquires Analyte Health
New York City-based Brightstar Capital Partners announced on August 4 that it acquired Analyte Health. Analyte Health is a leading national company empowering patients to acquire and understand healthcare diagnostic information. By combining a national network of patient service diagnostic centers, a family of online digital assets and a national telehealth footprint, Analyte Health has delivered more than 2.2 million test results since its inception in 2007. Brightstar Capital Partners is a middle market private equity firm with more than $4 billion assets under management that is focused on investing in business services, industrials, consumer and government services and... Read More »
Audax Private Equity and Parthenon Capital Acquire Elevate Patient Financial Solutions
Audax Private Equity announced on August 4 that, alongside Parthenon Capital Partners, it has acquired Elevate Patient Financial Solutions (ElevatePFS). ElevatePFS delivers revenue cycle management (RCM) solutions to hospitals, health systems and health providers nationwide. ElevatePFS was backed by private equity firm Frazier Healthcare Partners. During its ownership, Frazier partnered with ElevatePFS’s management team to accelerate organic growth through significant investments in talent, commercial infrastructure and technology. Additionally, Frazier supported seven strategic add-on acquisitions that expanded Elevate’s solution suite and transformed ElevatePFS into a... Read More »
Notable Private Equity Activity of 1H 2025
Private equity activity has slowed in the past 12 months, according to our recently published Healthcare M&A Quarterly Report. Headwinds and uncertainty in the market have finally caught up to private equity firms and their sponsored companies, resulting in a 17% slowdown in activity in Q2:25 compared to the first quarter. Year-over-year differences were even more pronounced, sliding by 24% in Q2:25 compared with the second quarter of 2024. Announced spending declined as well, reaching only $2.89 billion in Q2:24, far less than the $21.9 billion announced in the first quarter of 2025. Despite these slowdowns, private equity activity remained a driving force in the market, accounting... Read More »
