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
Versant Diagnostics Advances Access to Pathology in the Midwest
Versant Diagnostics has announced the acquisition of Associate Pathologists of Joliet, Ltd., expanding its nationwide network of pathology practices and increasing its presence in the Midwest. Led by its president, pathologist James Urban, M.D., Ph.D., Associate Pathologists of Joliet is a multi-specialty pathology practice based in Joliet, Illinois. Founded in 2021 by Ven Aduana, M.D., Jim Billington and Brian Carr, Versant Diagnostics is an independent physician services company focused on anatomic pathology. Versant Diagnostics provides services for hospitals and physician practices. Versant Diagnostics is focused on advancing digital pathology in anatomic pathology labs and specialty... Read More »
Johnson & Johnson Acquires Proteologix for $850 Million
On May 16 Johnson & Johnson (J&J) announced that it acquired Proteologix, Inc. for $850 million. Proteologix is privately held biotechnology company focused on bispecific antibodies for immune-mediated diseases. Proteologix’s portfolio includes PX128, a bispecific antibody targeting IL-13 plus TSLP, which is ready to enter phase 1 development for moderate to severe atopic dermatitis (AD) and moderate to severe asthma, and PX130, a bispecific antibody targeting IL-13 plus IL-22, which is in preclinical development for moderate to severe AD. J&J is one of the largest global healthcare and pharmaceutical companies with more than 130,000 employees worldwide. Its... Read More »
Genomenon Acquires The Jackson Laboratory’s Clinical Knowledgebase
Genomenon has announced that it entered into an agreement to acquire Clinical Knowledgebase (CKB) from The Jackson Laboratory (JAX). CKB is the leading curated variant database used for interpreting complex cancer genomic profiles by some of the world’s premier oncology labs. Founded in 1929, JAX is an NCI-designated cancer center and an independent 501(c)3 nonprofit research organization with a focus on genetics and genomics research. Genomenon is a genomics intelligence company dedicated to improving the quality of life of genetic disease and cancer patients by making genomic information actionable. Genomenon combines its genomic expertise with its AI-driven... Read More »
Golden State Dermatology Acquires California Skin Surgery Center
Golden State Dermatology (GSD), a portfolio company of growth capital private equity firm, Sorenson Capital, announced that it acquired California Skin Surgery Center. California Skin Surgery Center is operated by Dr. Gregory M. Bricca, who works out of one location in Roseville, California. GSD is physician-owned and led and is rapidly growing with more than 35 locations more than 100 providers across California. GSD’s services include dermatology, cosmetics, Mohs surgery for skin cancer, pathology and plastic surgery. This is GSD’s fourth acquisition in 2024. The financial terms were not disclosed. According to data captured in the LevinPro HC database, this... Read More »
Access Physical Therapy & Wellness Partners With Kentucky-Based Firm
Access Physical Therapy & Wellness (also called Access PT) announced that it has partnered with Kentucky-based Confluent Health. This marks Confluent Health’s 16th acquisition since May 2019. Access PT provides physical, occupations, pelvic health and hand therapy in 66 locations in Pennsylvania, Connecticut, New York and North Carolina. Confluent Health, a portfolio company of Swiss-based private equity firm Partners Group, is a family of physical and occupational therapy companies transforming healthcare by strengthening private practices, developing highly effective clinicians, innovating new services and technology to improve the quality of care for patients and lowering costs via... Read More »
Innara Health Acquired by Previous Investor Cardinal Health
Innara Health announced on May 14 that it has been acquired by one of its previous investors, global healthcare company Cardinal Health Inc. Innara Health was founded in Kansas, Olathe in 2012 after it bought the physical and intellectual property for the NTrainer system from KC Biomedix. Innara is a neonatal medical device company developing feeding technology for premature infants, full infants, newborns and children. Cardinal Health invested an undisclosed amount in Innara in April 2022. Cardinal Health is an American multinational healthcare services company, and the 14th-highest revenue-generating company in the United States. Cardinal Health provides pharmaceutical and medical... Read More »
An Overview of the Internal Medicine M&A Market
The internal medicine specialty, within the Physician Medical Group (PMG) sector, isn’t particularly known for its M&A activity. In fact, it’s considered one of the less active subsectors, averaging approximately 8% of the PMG totals. Yet, internal medicine’s M&A volume has increased substantially between 2018 and 2023, making it an interesting specialty to look into. According to data captured in the LevinPro HC database, in 2018, eight eight internal medicine transactions were reported, which more than doubled in 2019 and 2020 when 19 and 25 deals were reported, respectively. There was another surge of deal activity in 2021 with 40 transactions and a slight increase to 41... Read More »
MB2 Dental Acquires Scheich Family Dentistry
On May 7, MB2 Dental Solutions announced that it was expanding its presence in Colorado with the acquisition of Scheich Family Dentistry. Scheich Family Dentistry is a dental practice with one location in Castle Pines, Colorado. According to its website, the practice is run by a dedicated team of three providers. 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. This transaction marks MB2’s 25th acquisition of 2024, expanding its presence by... Read More »
Thomas H. Lee Partners Acquires Agiliti for $2.5 Billion
Thomas H. Lee Partners, L.P. (THL) announced that it acquired the remaining share of Agiliti, Inc. for $10.00 per share, implying a total enterprise value of $2.5 billion. Agiliti is an essential service provider to the U.S. healthcare industry with solutions that help support a more efficient, safe and sustainable healthcare delivery system. Agiliti serves more than 10,000 national, regional and local acute care and alternate site providers across the country. According to the company’s financial statements, it reported $1.2 billion in revenue for the full year 2023. THL is one of the world’s oldest and most experienced private equity firms. Since 1974, it has... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
