​​Diversifying for Dominance: Private Equity Activity in 2025

​​Diversifying for Dominance: Private Equity Activity in 2025

Private equity (PE) interest in healthcare M&A has remained robust in 2025. This heightened interest is driven by a favorable investment climate bolstered by the Federal Reserve’s recent decision to lower the federal funds rate to 4–4.25%. There is also a market shift toward a more investor-friendly environment due to legislative changes like the One Big Beautiful Bill’s impact on Medicare. PE’s activity is noted by firms’ strategic expansion into burgeoning sectors markets such as digital health, specialty pharmacy and in-home care.  In the first three quarters of 2025, a total of 507 transactions were announced by a PE firm or a portfolio company. This represents an approximate... Read More »
Takeaways from Colliers’ National Healthcare Conference

Takeaways from Colliers’ National Healthcare Conference

Colliers’ 2025 National Healthcare Conference arrived at a pivotal moment for healthcare real estate, amid improving capital markets and growing economic optimism. Compared to last year’s more tentative tone, this year’s event was notably upbeat, reflecting a broader sentiment that the healthcare sector remains one of the most stable and resilient corners of the commercial property market. From Caution to Confidence Shawn Janus and Marianne Skorupski of Colliers updated LevinPro HC on the mood of the room in New Orleans, describing a marked shift in outlook from the 2024 conference. “Last year, we were cautiously optimistic,” they noted. “Uncertainty was the watchword, everything from... Read More »
TransCode Therapeutics Acquires Polynoma 

TransCode Therapeutics Acquires Polynoma 

TransCode Therapeutics, Inc. announced on October 8 that it entered into an agreement to acquire Polynoma LLC.  Polynoma is a privately held biotechnology immuno-oncology company. Polynoma is developing a late-stage candidate, seviprotimut-L, a novel polyvalent shed antigen vaccine for the adjuvant treatment of stage IIB and IIC melanoma.  TransCode is a clinical-stage oncology company focused on treating metastatic disease. The company is committed to defeating cancer through the intelligent design and effective delivery of RNA therapeutics based on its proprietary TTX nanoparticle platform. Its therapeutic candidate, TTX-MC138, is focused on treating metastatic tumors which... Read More »
CBRE Announces Sendero Capital’s First Acquisition of 2025 

CBRE Announces Sendero Capital’s First Acquisition of 2025 

On October 6, CBRE announced that it facilitated the sale of a Woburn, Massachusetts medical outpatient building (MOB) to Sendero Capital.  The MOB is a fully leased, multi-specialty, Class A facility that comprises 76,701 square feet. The MOB is anchored by Winchester Hospital, a member of Beth Israel Lahey Health, which operates multiple high acuity uses at the property including imaging and laboratory services, integrative therapy and a Breast Care Center.   The remaining space is occupied by Excel Orthopedic Specialists, a regional center that specializes in orthopedic surgery, rehabilitation therapy and imaging services such as digital X-ray, musculoskeletal ultrasound, CT and... Read More »
The IMA Group Expands Clinical Research Division With Chicago Acquisition

The IMA Group Expands Clinical Research Division With Chicago Acquisition

The IMA Group announced on October 8 the acquisition of Chicago Research Center (CRC), an independent clinical research site based in Chicago, Illinois. Founded in 2005, CRC is known for its expertise in Phase I–IV trials, focused on the central nervous system, sleep disorders, mood and memory disorders, pain and general medicine. The company operates a research sleep lab for dedicated use in insomnia, apnea, narcolepsy, restless leg and shift work sleep disorder clinical trials. The IMA Group provides government workers with medical, psychological and related evaluations, as well as ancillary services, assists payers with case management and occupational health management solutions and... Read More »
The Braff Group Advises Eagles Wing on its Acquisition by Redwood Family Care

The Braff Group Advises Eagles Wing on its Acquisition by Redwood Family Care

Private equity-backed Redwood Family Care Network announced that it has acquired Eagles Wing, expanding its geographic footprint into the Midwest. Minnesota-based Eagles Wing provides residential and day support services to individuals with developmental disabilities across Beltrami and Polk Counties. Redwood Family Care Network, backed by private equity firm Webster Equity Partners since 2021, is a multi-state organization dedicated to providing person-centered services for individuals with intellectual and developmental disabilities. The Braff Group served as the exclusive financial advisor to Eagles Wing. Polsinelli served as the sell-side legal counsel. Financial terms of the deal were... Read More »
Montecito Medical Announces 24th Acquisition of the Year 

Montecito Medical Announces 24th Acquisition of the Year 

On October 7, Montecito Medical Real Estate announced that it acquired another medical outpatient building (MOB) with the purchase of a San Antonio, Texas facility. Terms were not disclosed. The MOB is tenanted by CHRISTUS Trinity Clinic, part of CHRISTUS Health, which operates a 150-bed hospital nearby. The square footage of the MOB was not disclosed.   Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions involving more than $6.5 billion in medical and veterinary real estate transactions.  “We are pleased by this opportunity to build on our relationship with CHRISTUS Health and add another... Read More »
SALT Dental Partners Acquires Riverdale Park Pediatric Dentistry 

SALT Dental Partners Acquires Riverdale Park Pediatric Dentistry 

SALT Dental Partners, based in Phoenix, Arizona, announced that it was expanding its presence with the purchase of Riverdale Park Pediatric Dentistry. Terms of the deal were not disclosed.  Riverdale Park Pediatric Dentistry is a five-physician pediatric dental practice with one location in Riverdale Park, Maryland.  SALT Dental Partners is a dental partnership organization focused on specialty pediatric dentistry and orthodontics with more than 90 locations across 13 states throughout the country. SALT is a portfolio company of Latticework Capital Partners, a Dallas, Texas-based private equity firm.  This marks SALT Dental Partners’ eighth acquisition of 2025.... Read More »
Aptiva Medical Acquires VeraMed Health

Aptiva Medical Acquires VeraMed Health

Aptiva Medical, a Greenleaf Ventures portfolio company, announced on October 7 the completion of its acquisition of VeraMed Health for an undisclosed price. VeraMed Health specializes in providing diabetic supplies (such as continuous glucose monitoring systems) and urinary catheters. It offers free home delivery, insurance billing and patient support services as a Medicare-approved supplier. Aptiva Medical is a national leader in the home delivery of continuous glucose monitors, diabetes testing supplies and specialty transplant medications. The company provides end-to-end patient support, from prescription coordination and insurance billing to convenient home delivery. It partners with... Read More »
Shofner Capital Partners Makes Strategic Growth Investment in PtEverywhere

Shofner Capital Partners Makes Strategic Growth Investment in PtEverywhere

On October 7, PtEverywhere announced a strategic growth investment from Shofner Capital Partners and the appointment of Andrew Shofner as Chief Executive Officer. Financial terms of the deal were not disclosed.  Shofner joins full-time to guide the company’s next phase of growth, focused on expanding the leadership team, advancing product innovation and scaling nationwide adoption. Previously, Mr. Shofner was the Founder and Managing Partner at Shofner Capital Partners.  PtEverywhere is an all-in-one practice management platform built specifically for rehab therapy clinics. Designed by clinicians, the platform integrates scheduling, documentation, billing, telehealth, messaging... Read More »