One GI Expands Further into Ohio
One GI announced on November 7 that it acquired Gastroenterology and Hepatology Specialists, a gastroenterology practice in Canton, Ohio. Bayshore Growth Partners served as the exclusive financial adviser to Gastroenterology & Hepatology Specialists. One GI is a gastroenterology management services organization formed by Webster Equity Partners in April 2020. One GI partners with GI physicians to help them manage, optimize and grow their practices, providing physicians with critical business services so they can focus on what they do best: providing excellent care to patients. One GI is comprised of leading gastroenterology practices throughout Tennessee, Mississippi, Ohio, Kentucky... Read More »
InnovaCare Health Expands Texas Footprint with Pak Medical Group Acquisition
InnovaCare Health, backed by private equity firms Summit Partners and Bain Capital Private Equity, announced on November 8 the completion of its acquisition of Pak Medical Group, a physician-led medical group based in New Braunfels, Texas. As part of the InnovaCare family, Pak Medical Group will be supported by the organization’s management services organization (MSO) network, InnovaCare Partners. Pak Medical Group clinicians and team members now also have greater access to enhanced clinical tools, management expertise and other resources to ensure patients always receive the highest quality and most personalized care. Since 2018, Pak Medical Group has served patients with... Read More »
Retina Consultants of America Enters New State
Retina Consultants of America (RCA) announced on November 4 that it acquired Illinois Retina Associates for an undisclosed amount. This marks RCA’s first transaction in Illinois. RCA is a physician management services organization formed by Webster Equity Partners and based in Southlake, Texas. RCA partners with retina specialists who seek a strategic partner with the capital resources and expertise to invest in their practice infrastructures and position them for continued growth in their markets. RCA operates in more than 180 locations in 17 states. Founded in 1976, Illinois Retina Associates is devoted to diagnosing and treating diseases of the retina, macula and vitreous in... Read More »
Specialty Networks acquires GI-Specific GPO Gastrologix
On Friday, Specialty Networks, LLC, a portfolio company of private equity firm Linden Capital Partners, announced the acquisition of Gastrologix, LLC, a GI-specific group purchasing organization (GPO) with more than 470 independent physician practice locations and 2,300 providers in its network. Terms of the deal were not disclosed. Haverford Healthcare Advisors served as M&A advisor, and Saxton & Stump served as legal advisor to Gastrologix. Katten Muchin Rosenman, LLC served as legal advisor to Specialty Networks. Specialty Networks, LLC is an integrated, multi-specialty platform with GPOs, life sciences and research solutions in gastroenterology, urology and rheumatology. The... Read More »
Werfen Acquires Immucor From TPG for $2 Billion
Barcelona-based Werfen announced on November 3 its acquisition of Immucor, Inc., a Norcross, Georgia-based provider of transfusion and transplantation diagnostic products worldwide, from San Francisco-based private equity firm TPG Capital. This acquisition will allow Werfen to expand its portfolio of specialized diagnostics solutions for hospitals and clinical laboratories. According to the LevinPro HC database, this marks the 114th acquisition in the Laboratories, MRI and Dialysis sector this year, and the 63rd deal in the diagnosis subsector. The purchase price is expected to be approximately $2 billion, with closing subject to customary regulatory approvals. The acquisition is being... Read More »Schedule a demo
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