Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40
Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
DermCare Management Acquires Longhorn Dermatology
On May 29, DermCare Management, a portfolio company of New York-based private equity firm Hildred Capital Management, announced that it was expanding its presence in Texas with the acquisition of Longhorn Dermatology. Longhorn Dermatology, located in Spicewood, Texas, is a locally owned, independent dermatology practice. It offers general dermatology, surgical and Mohs surgery and cosmetic services for the whole family. According to its website, the practice has two providers on staff. DermCare Management is a physician practice management company with clinics in California, Florida and Texas. It was founded in 2017 as a group of five founding practices including 15 South... Read More »
Vitalis Properties Acquires Medical Outpatient Building for $12 Million
Vitalis Properties announced that it was acquiring a 30,165-square-foot medical outpatient building (MOB) in Jacksonville, Florida for $12 million. The price is approximately $398 per-square-foot. Cross Regions developed the build-to-suit MOB for Coastal Health in 2022. The facility includes clinical space for Coastal Health’s orthopedic, spine, pain management, podiatry and physical therapy practices, in addition to an 8,000-square-foot ambulatory surgery center on the first floor. Vitalis is a vertically integrated real estate investment company focused on healthcare real estate investment sales, acquisitions and leasing across the United States. Vitalis Managing... Read More »
Notable PE Activity During May 2024
May 2024 was an active month for the private equity (PE) healthcare M&A market. LevinPro HC data shows that approximately 36% of healthcare deals announced during the month (53 of 146) involved PE acquirers and/or their portfolio companies. Although this is a small decline from May 2023, when 42% of healthcare deals announced involved PE, it is still a slight increase from the 35% of private equity transactions announced during April 2024. This report dives into some of the most significant PE transactions in healthcare during May 2024, highlighting the key PE players and/or their portfolio companies and their recent moves in the healthcare M&A market. KKR: KKR remained a major... Read More »
SGMC Health Expands Physician Network Via Acquisition
SGMC Health ended May 2024 by announcing the expansion of its SGMC Physician Network via the acquisition of the Urology Clinic of Valdosta (UCV). According to data captured in the LevinPro HC database, this acquisition represents the 216th Physician Medical Group transaction of 2024, and the third in the urology specialty. UCV was founded in 1989 to provide patients with urological health care in Valdosta, Georgia and the surrounding counties. According to its website, the company has two providers on staff. Opening as Pineview Hospital in 1955 and known as South Georgia Medical Center since 1971, SGMC Health is a not-for-profit comprehensive health system serving South Georgia and North... Read More »
HealthyU Clinics Acquires Ma’am Exams
HealthyU Clinics announced on May 30 the acquisition of Ma’am Exams, a women’s health clinic in Gilbert, Arizona. Ma’am Exams offers medical care for women, from adolescence and young adulthood through post-childbearing years and menopause. The all-female staff offers 2D and 3D mammograms, ultrasounds, lab services, medical spa services, mental health services and more. HealthyU Clinics is a physician-led and professionally managed medical group that provides integrated primary and specialty care services in Arizona and California. The acquired medical office will retain all 20 staff members, including five nurse practitioners, and welcome additional medical professionals who are committed... Read More »
Ascend Plastic Surgery Partners Adds Tallahassee Plastic Surgery Clinic to Network
Ascend Plastic Surgery Partners, an Atlanta-based management services organization, announced the addition of Tallahassee Plastic Surgery Clinic to its network of practices. Tallahassee Plastic Surgery Clinic provides aesthetic and reconstructive surgery in Tallahassee, Tennessee. According to its website, the practice has three plastic surgeons on staff. Ascend Plastic Surgery Partners was formed by private equity firm Sheridan Capital Partners in October 2023. The plastic surgery firm has practices in Birmingham, Alabama, Tuscaloosa, Alabama, Greenville, South Carolina, Lindon, Utah and Las Cruces, New Mexico. Tallahassee Plastic Surgery Clinic was advised by Physician Growth Partners.... Read More »
HouseWorks Expands Northeastern Footprint With Acquisition
HouseWorks announced that it has acquired AccordCare’s personal care division in Connecticut, which operates under the brands Companions & Homemakers and Companions Forever. The deal will mark HouseWorks entry into Connecticut, and further expand its footprint in the Northeast. AccordCare originally acquired Companions Forever in December of 2020, and then acquired Companions & Homemakers in October of 2022. The Companions & Homemakers and Companions Forever businesses are entirely driven by Medicaid home- and community-based services business. Founded in 1998, HouseWorks provides in-home care services in Maine, Massachusetts, New Hampshire, New York, Pennsylvania, Tennessee... Read More »
PE Firm GTCR Acquires Surmodics for Approximately $627 Million
Surmodics, Inc. announced on May 29 that it has entered into a definitive agreement to be acquired by GTCR, a leading private equity firm with a long track record of investment expertise across healthcare and healthcare technology. Under the terms of the agreement, affiliates of GTCR will acquire all outstanding shares of Surmodics. Surmodics shareholders will receive $43.00 per share in cash, for a total equity valuation of approximately $627 million. Surmodics is an Eden Prairie, Minnesota-based provider of performance coating technologies for intravascular medical devices and chemical and biological components for in vitro diagnostic immunoassay tests and microarrays. Surmodics also... Read More »
Stockdale Capital Partners Acquires Austin, TX Medical Outpatient Building
Stockdale Capital Partners announced that it acquired a newly built, five-story medical outpatient building (MOB) in Austin, Texas, which first opened in 2023. The MOB, adjacent to Dell Children’s Medical Center, has 129,382 square feet of rentable office space and is part of Mueller Austin, a 700-acre master-planned community. Stockdale Capital Partners is a Los Angeles-based vertically integrated real estate investment firm. The company provides real estate investment services, as well as invests, owns and operates multiple asset classes. “Stockdale is excited about the acquisition of this Class-A medical office building strategically located near the Dell Children’s Medical Center in... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
