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Cerba HealthCare Acquires Canadian CRO Cirion BioPharma Research
Cerba HealthCare announced on September 7 that it has acquired Cirion BioPharma Research, a contract research organization (CRO) in Laval, Quebec. Cirion BioPharma Research is a Canadian contract research laboratory providing global central laboratory services for clinical studies and research and development services. Cerba Healthcare is a leader in clinical pathology specializing in local clinical pathology, specialized clinical pathology and central lab testing for clinical trials. Its shareholders include Partners Group and the Public Sector Pension Investment Boards. Cirion will rank under Cerba HealthCare’s business unit Cerba Research adding to its global network of... Read More »
Specialty1 Partners Expands in Connecticut
Specialty1 Partners announced its acquisition of Fairfield County Implants & Periodontics, in Fairfield, Connecticut. Fairfield County Implants & Periodontics is a dental implant practice with three providers on staff. Since 1985, the practice has treated more than 30,000 patients and placed more than 14,000 dental implants. Specialty1 Partners is the parent company of dental surgical based partnerships Endo1 Partners, Perio1 Partners and OS1 Partners. It maintains and scales practices for optimal performance. The financial terms of the acquisition were not disclosed. According to data captured in the LevinPro HC database, this transaction marks the... Read More »
Upstream Rehabilitation Divests Tennessee-Based Rehabilitation Center
Upstream Rehabilitation, a portfolio company of Revelstoke Capital Partners, announced that it sold one of its portfolio companies, Therapy Direct, to Enlyte. The financial terms of the transaction were not disclosed. Therapy Direct is a Tennessee-based physical therapy provider network. The company provides a full continuum of physical therapy care. Based in San Diego, Enlyte specializes in cost containment technology, provider networks, clinical services, pharmacy benefit management and disability management. Upstream Rehabilitation is a national provider of rehabilitation services through free-standing physical therapy clinics. Upstream operates more than 1,100 owned... Read More »
PE-Backed Cardiovascular Associates of America Expands in Florida
Cardiovascular Associates of America (CVAUSA) announced its acquisition of The Cardiovascular Center of Florida. This is CVAUSA’s sixth transaction of 2023. The Cardiovascular Center of Florida operates two locations in Florida. According to its website, the practice is run by 26 physicians. CVAUSA is a physician management services organization headquartered in Celebration, Florida. Through CVAUSA’s physician-centered practice management model, physicians drive clinical care and their practice culture, while benefiting from the business expertise and shared resources available through CVAUSA. It was formed by Webster Equity Partners in 2021. Following the completion of... Read More »
Laborie Medical Technologies Acquires Urotronic
Portsmouth, New Hampshire-based Laborie Medical Technologies, Inc. (LMT) signed a definitive agreement on September 6 to acquire Urotronic, Inc. According to data captured in the LevinPro HC database, this transaction marks the 76th Medical Devices acquisition of 2023. Under the terms of the agreement, the transaction consists of an upfront cash payment of $255 million, and up to an additional $345 million in potential commercial and reimbursement milestone payments. Urotronic is a Plymouth, Minnesota-based medical device company pioneering the application of its Optilume® drug-coated balloon technology for use in interventional urology including treating urethral strictures... Read More »
Abbott Signs Definitive Agreement to Acquire Bigfoot Biomedical
Abbott has entered a definitive agreement for the acquisition of Bigfoot Biomedical Inc. for an undisclosed price. Bigfoot Biomedical is a medical technology start-up headquartered in Milpitas, California, founded by a team of people with personal connections to type 1 and type 2 diabetes. One of its lead products is Bigfoot Unity, a smart insulin management system. It features connected insulin pen caps that use continuous glucose monitoring data and healthcare provider instructions. The system is indicated for use by people aged 12 years and older with diabetes who need multiple insulin injections every day. Abbott manufactures and sells healthcare products worldwide... Read More »
HiRO Acquires U.S.-Based CRO Courante Oncology
Harvest Integrated Research Organization (HiRO) announced its acquisition of Courante Oncology, a full-service clinical research organization (CRO) based in Excelsior, Minnesota. According to data captured in the LevinPro HC database, this transaction represents the 26th CRO acquisition of the year. Courante Oncology provides clinical research consulting and services to pharmaceutical and medical device companies that are developing oncology products. HiRO is a CRO based in Shanghai, China. With global operations and integration capabilities, it provides a range of solutions and services to its clients, including early pre-clinical strategic planning, clinical trial design,... Read More »
EyeSouth Partners Acquires Retina and Vitreous of Texas
EyeSouth Partners announced on September 5 that it partnered with Retina and Vitreous of Texas, one of Houston’s leading retina-only practices. The affiliation represents EyeSouth’s thirty-eighth overall and the network’s first retina-only affiliation in the state of Texas. Financial terms of the deal were not disclosed. Retina and Vitreous of Texas has served the greater Houston market for more than 25 years, been involved in upwards of 180 medical publications and developed a nationally-renowned fellowship program that was originally established in 1997. According to its website, the practice is led by a team of six board-certified, fellowship-trained physicians. EyeSouth... Read More »
PracticeTek Merges with Integrated Practice Solutions
PracticeTek announced on September 5 that it merged with Integrated Practice Solutions (IPS) for an undisclosed price. The combined company will retain the PracticeTek brand. IPS is a retail healthcare software company, with product lines in the segments of chiropractic, optometry and speech therapies. IPS provides mission-critical practice management, electronic health record, integrated payments and revenue cycle management solutions to help specialty healthcare providers streamline operations, improve patient care and increase practice profitability. PracticeTek is a Knoxville, Tennessee-based investment firm that targets healthcare software companies. The company is backed... Read More »Schedule a demo
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