PE-Backed Vantedge Medical Completes Acquisition of Hobson & Motzer
Vantedge Medical, a portfolio company of New York-based private equity firm Aterian Investment Partners since May 2018, announced the acquisition of Hobson & Motzer, Inc. in Durham, Connecticut. Founded in 1912, Hobson & Motzer is a manufacturer of tight tolerance consumable medical devices primarily for the global surgical stapler industry. For decades, Hobson has been partnered with leading medical device manufacturers. The company’s core capabilities include computer numerical control machining, stamping, tooling and other finishing and assembly services. Headquartered in San Jose, California, Vantedge Medical specializes in providing manufacturing solutions to its... Read More »
Walgreens Inks $100M Deal to Boost Clinical Trials
Walgreens Boots Alliance Inc. is teaming up with the U.S. government to revolutionize clinical trials. The pharmacy giant has secured a $100 million deal to expand its decentralized clinical trial platform, aiming to make research more accessible and inclusive. Walgreens’ decentralized clinical trial platform offers several advantages for both patients and researchers. For patients, it provides greater flexibility and convenience by allowing them to participate in trials closer to their homes and on their own schedules. This can help to increase enrollment rates, especially among underserved populations. For researchers, the platform streamlines the trial process by automating tasks... Read More »
Visiox Pharmaceuticals Merges with Ocuvex Therapeutics
Columbus, Ohio-based Visiox Pharmaceuticals announced on August 20 that it entered into a definitive merger agreement with Ocuvex Therapeutics, Inc. Ocuvex Therapeutics is a privately held ophthalmic pharmaceutical company focused on developing and commercializing novel therapies for glaucoma and other disorders. It boasts a pipeline of near-term ophthalmic medicines. Visiox Pharmaceuticals is a privately funded biopharmaceutical company focused on the development and commercialization of ophthalmic therapeutic candidates to address highly prevalent diseases in need of new treatment options. Visiox’ products, including OMLONTI® (omidenepag isopropyl ophthalmic solution), PDP-716... Read More »
Aging Advocates CNY acquires Senior Home Care Solutions
Aging Advocates CNY announced in late July that it had agreed to acquire Senior Home Care Solutions. The deal goes into effect on January 1, 2025. Senior Home Care Solutions is a non-medical home care provider based in East Syracuse, New York. The company provides guidance and solutions to address aging-related needs to the senior community of New York. Aging Advocates CNY is a senior care management company located in Manlius, New York. The company offers specific solutions and services available to clients’ unique aging-related needs, including care management, personal care, companion care, care plans, quality of life programs, housing coordination, advanced care planning, end of life... Read More »
OneOncology Buys United Urology Group from Audax Private Equity
OneOncology, which is backed by TPG Capital and AmerisourceBergen, announced on August 20 its acquisition of United Urology Group (UUG) from Audax Private Equity. This is OneOncology’s first acquisition in the urology specialty as the company branches out from oncology practices. UUG is a urology physician practice management company. It manages clinical offices and ambulatory surgical centers that provide general urologic care in addition to ancillary service lines including surgical centers, pharmacy, radiation therapy and a pathology lab. UUG was founded in 2006 and is based in Owings Mills, Maryland. UUG supports approximately 250 physicians and advanced... Read More »
Johnson & Johnson to Acquire V-Wave for $600 Million
On August 20, Johnson & Johnson (J&J) announced that it entered into an agreement to acquire V-Wave Ltd. for an upfront price of $600 million. V-Wave is a privately held medical device company that was established in 2009 and is focused on developing innovative treatment options for people living with heart failure and cardiovascular disease. V-Wave’s cardiovascular implant technology specifically targets heart failure with reduced ejection fraction. The company is based in Pardes Hana – Karkur, Israel. J&J is one of the largest global healthcare and pharmaceutical companies with more than 130,000 employees worldwide. Its business lines include... Read More »
Most Active States for Healthcare Services M&A in 2024 (So Far)
As the healthcare industry continues to evolve, mergers and acquisitions (M&As) have become a strategic tool for providers to expand their reach, enhance services and improve efficiency. This year, certain states have emerged as particularly active hubs for healthcare services M&A. The healthcare services sectors included in this report include Behavioral Health Care, Home Health & Hospice, Hospitals, Laboratories, MRI & Dialysis, Long-Term Care, Managed Care, Physician Medical Groups, Rehabilitation and Other Services (a mix of companies providing ancillary healthcare services, or those relating to healthcare). This analysis examines the most active U.S. states and regions... Read More »
Smile Partners USA Acquires Bridgemill Dentistry
Smile Partners USA, backed by Evanston, Illinois-based private equity firm Silver Oak Services Partners, announced that it acquired Bridgemill Dentistry. Bridgemill Dentistry is a family and cosmetic dentistry practice with one location in Canton, Georgia. According to its website, the practice is run by two physicians: Dr. Scott Merritt and Dr. L. Michael Cox. It was founded in 2002. Smile Partners USA is a management support organization that offers back-office resources and services to premier, independent private dental practices and boutique group practices throughout Michigan, Georgia, Illinois and Alabama. This transaction represents Smile Partners... Read More »
Moses/Weitzman Health System Acquires Waterbury, Connecticut MOB
Belfonti Companies LLC announced that it sold a Waterbury, Connecticut medical outpatient building (MOB) for $2.9 million. The buyer was The Moses/Weitzman Health System. The transaction closed on July 31, 2024 and was announced on August 13, 2024. The MOB consists of 15,520 square feet and is situated on more than 1.6 acres of land, according to property records. It is occupied by the Community Health Center of Waterbury. The price was approximately $187 per square foot. Belfonti is a real estate developer that acquires, develops, renovates and manages value-added real estate development and investment assets throughout the United States and abroad. The company is based in... Read More »Schedule a demo
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