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Center for Vein Restoration acquires Vein Specialists of the Carolinas
Center for Vein Restoration (CVR) announced that it acquired Vein Specialists of the Carolinas. Vein Specialists of the Carolinas is a vascular specialist practice with two locations in the Charlotte, North Carolina MSA: Charlotte and Gastonia. According to its website, the practice is run by two physicians (Dr. David Draughn and Dr. Paul Putterman) who are supported by a team of 20. CVR, a portfolio company of Cortec Group, is one of the largest physician-led practices treating vein disease in the country. With more than 100 centers, CVR has more than 500 employees and conducts more than 200,000 patient interactions annually. By adding Vein Specialists of the Carolinas, CVR is expanding... Read More »
Provide Community Acquires Mind Professionals
Provide Community announced on August 5 that it entered into an agreement to acquire Mind Professionals, a United Kingdom-based multidisciplinary therapy center. Founded in 2008 by Dr. Sheheryar Jovindah, Mind Professionals caters to individuals from all age groups and all mental health difficulties. Mind Professionals specializes in three key areas: neurodevelopmental services, expert witness services and healthcare recruitment. The company offers NHS and self-pay healthcare services with several clinics across Essex. Provide Community is a social enterprise delivering a range of community health and social care services across Essex and East Anglia. The not-for-profit organization works... Read More »
Montecito Medical Sells San Antonio Surgery Center
On August 6, Montecito Medical Real Estate announced that it sold an ambulatory surgery center (ASC) in San Antonio, Texas. The buyer and purchase price were not disclosed. The ASC, an 11,544-square-foot building, is 100% occupied by a surgery center operated in partnership between Surgery Partners and a local ophthalmologist. The building was completed in 2019. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5 billion in medical real estate. Montecito Medical is based in Nashville, Tennessee. “We are seeing great interest from investors, and we are... Read More »
Imagen Dental Partners Acquires Two Dental Practices
Imagen Dental Partners, a dental partnership organization that was founded in 2020, announced that it expanded its presence in Wisconsin and Arizona with two acquisitions. Door County Dental Care is a family dental practice with one location in Sturgeon Bay, Wisconsin. In addition to family dentistry, the practice also offers cosmetic and restorative dentistry services. According to its website, the practice has two providers on staff: Drs. Tyler Hubbard and Regan Luders. Elevation Dental Group, a cosmetic dentistry practice, is based in Scottsdale, Arizona. According to its website, the practice is run by one provider: Dr. Bruce J. Lachot. Imagen Dental Partners joins with dental... Read More »
National Dental Healthcare REIT Expands Footprint Across Eight States
National Dental Healthcare REIT (NDH REIT), a member of the Thurston Group portfolio, has announced the completion of its latest real estate acquisition. The acquisition, finalized on June 28, 2024, includes 13 properties located across New York, Oklahoma, Florida, Texas, Indiana, Ohio, Georgia and Virginia. NDH REIT partners with dental care providers in the general dental and specialty dental fields who own their real estate. NDH REIT was formed in mid-2020 by Thurston Group, a private equity firm focused on investments in healthcare service companies. The acquisition of the properties increases NDH REIT’s total portfolio to 187 properties, with a combined acquisition value of $234... Read More »
Recently Formed Tulip Hill Healthcare Acquires Tennessee Detox Center and Live Again Detox
Tulip Hill Healthcare announced that it has taken a majority ownership stake in two premier detox facilities: Tennessee Detox Center and Live Again Detox. This strategic acquisition marks a significant step in Tulip Hill Healthcare’s ongoing mission to provide addiction treatment services to the communities of Kentucky and Tennessee. Financial terms of the deal were not disclosed. Tennessee Detox Center is a private stand-alone drug detox and alcohol detox located in the Nashville MSA. Focusing on safe and comfortable medical detoxes, Tennessee Detox Center also offers residential rehab to provide clients with everything they need for long-term sobriety. The facility offers a relaxed... Read More »
Cushman & Wakefield Arranges Acquisition Financing for MOB Portfolio in Paducah, Kentucky
Cushman & Wakefield announced that it represented investor Montecito Medical Real Estate in securing $15 million in bank financing for a medical outpatient building (MOB) portfolio in Paducah, Kentucky. The acquired assets include two MOBs in Paducah, Kentucky. The two-building portfolio consists of 100 Clint Hill Boulevard, which totals 18,610 square feet, and 200 Clint Hill Boulevard, which totals 43,346 square feet, on approximately 14 acres near U.S. Highway 62 and Interstate 24. It is fully occupied by Mercy Health-Lourdes Hospital LLC, an affiliate of Bon Secours Mercy Health. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding.... Read More »
Grosvenor Health and Social Care Acquires Esteem Care Holdings in Multimillion-Pound Deal
U.K.-based home care provider, Esteem Care Holdings, has been sold to Grosvenor Health and Social Care. Esteem Care Holdings provides more than 7,150 care hours weekly to 620 clients through a team of 250 care staff. With branches in Manchester, Leeds, Carlisle, Kendal, Dumfries and Stranraer, Esteem Care’s team focuses on personalized care, with the goal of eliminating loneliness, promoting good nutrition and enhancing safety at home. Grosvenor Health and Social Care is a U.K.-based provider of health and social care services intended for young adults and the elderly. The company offers personal health support, domiciliary care, homecare, as well as quick discharge services across the... Read More »
Hospice of the Western Reserve Completes Affiliation With Hospice of North Central Ohio
Hospice of the Western Reserve announced that it has completed its affiliation with Hospice of North Central Ohio (HNCO), expanding its geographic presence in Ohio. Headquartered in Ashland, Ohio, HNCO is a non-profit, community-oriented organization serving the Ashland, Crawford, Huron, Knox, Morrow, Richland and Wayne counties. Headquartered in Cleveland, Ohio, Hospice of the Western Reserve provides palliative end-of-life care, caregiver support and bereavement services throughout Northern Ohio. The organization is a subsidiary of Western Reserve Care Solutions (WRCS), a nonprofit community-based agency focused on supporting individuals with advanced chronic disease and terminal... Read More »Schedule a demo
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