Symeres Acquires US-Based CRO Exemplify BioPharma

Symeres Acquires US-Based CRO Exemplify BioPharma

by | Oct 25, 2022 11:14 am | CRO, Other Services, Private Equity

Symeres, a global drug discovery contract research organization (CRO) and contract development and manufacturing organization (CDMO), announced on October 25 the acquisition of Exemplify BioPharma, a US-based CRO that provides integrated end-to-end small molecule chemistry manufacturing and controls services to pharmaceutical and biotech partners. Terms of the deal were not disclosed. Keensight Capital, a private equity firm and the majority shareholder in Symeres, has worked together with the management teams of both companies to facilitate this business combination. This acquisition further strengthens Symeres’ strategic foothold in the United States. Saola Healthcare Partners... Read More »
Home Health M&A Market Slowed in Q3, But Big Transactions Kept Deal Values High

Home Health M&A Market Slowed in Q3, But Big Transactions Kept Deal Values High

by | Oct 25, 2022 9:52 am | Healthcare Market Updates, Home Health & Hospice, Private Equity

The first half of 2022 revealed a shift away from the pandemic-fueled activity in the Home Health & Hospice (HH&H) M&A market seen during 2020 and 2021. This trend has carried through to the third quarter of 2022, which included 25 deals, a 43% drop from 2021’s third quarter when there were 44 announced transactions in the sector. Through the end of the third quarter this year, there have been 83 transactions announced in the HH&H sector, which covers the categories of home health, home hospice, palliative care, durable medical equipment, respiratory home care, geriatric care management, personal care, home aides and multi-service providers. Deals this year have fallen 24%... Read More »
Charlesbank Capital Partners’s MB2 Dental Acquires Woodside Pediatrics

Charlesbank Capital Partners’s MB2 Dental Acquires Woodside Pediatrics

by | Oct 21, 2022 12:29 pm | Physician Medical Groups, Private Equity

MB2 Dental Solutions announced this week that it purchased Woodside Pediatrics for an undisclosed amount.  MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery. Woodside Pediatrics, run by Dr. Jennifer Woodside, provides pediatric dentistry through one location in Warrenton, Virginia. According to the LevinPro HC database, this acquisition marks MB2 Dental’s 30th transaction of the year and fifth of Q4:22. Additionally, this represents the 495 Physician Medical... Read More »
VSS Capital Partners Invests in Center for Rheumatology

VSS Capital Partners Invests in Center for Rheumatology

by | Oct 19, 2022 2:35 pm | Physician Medical Groups, Private Equity

New York City-based VSS Capital Partners has announced a new strategic investment in Center for Rheumatology (CFR). No terms of the deal were disclosed. Stout served as exclusive financial advisor to CFR and McDermott Will & Emery LLP served as counsel to CFR. Waller Law served as counsel for VSS.  Located in Los Angeles, California, Center for Rheumatology specializes in treating arthritis, rheumatoid arthritis, celiac disease, psoriasis, lupus, gout and certain myofascial conditions. VSS is a private investment firm that invests in the healthcare, information, business services and education industries. The firm provides capital for growth financing, recapitalizations, strategic... Read More »
Acorn Health Expands Presence With Acquisition of Seven Applied Behavior Analysis Centers

Acorn Health Expands Presence With Acquisition of Seven Applied Behavior Analysis Centers

by | Oct 19, 2022 1:43 pm | Behavioral Health Care, Private Equity

Acorn Health, a portfolio company of MBF Healthcare Partners, announced on October 18 that it acquired seven applied behavior analysis (ABA) centers. The terms were not disclosed.  Acorn Health, formed in October 2018, manages a network of behavioral health companies that offer applied behavior analysis therapy (ABA). It has locations in Michigan, Florida, Illinois and Virginia. The ABA centers are in downtown Orlando, Longwood, Riverview, East Orange, Champions Gate and Kissimmee, Florida and Stafford, Virginia.  The addition of the seven centers takes Acorn’s presence to 14 in Florida and 13 in Virginia. The centers were acquired through Breakthrough Behavior Florida.... Read More »
MB2 Dental Adds Athens Dentistry for Children in Georgia

MB2 Dental Adds Athens Dentistry for Children in Georgia

by | Oct 18, 2022 3:50 pm | Physician Medical Groups, Private Equity

MB2 Dental, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, announced on October 17 the acquisition of Athens Dentistry for Children, a pediatric dental office located in the Athens, Georgia area, expanding the company’s presence in Georgia. Terms of the deal were not disclosed. Athens Dentistry for Children is led by Georgia natives Dr. Michelle Harmon and Dr. Brandi Owensby. Headquartered in Carrollton, Texas, MB2 Dental Solutions partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery. According to the LevinPro HC database, this marks the... Read More »