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GI Alliance Partners With Digestive Health Center
GI Alliance announced on June 21 its latest partnership with Digestive Health Center in Ocean Springs, expanding GI Alliance’s presence in Mississippi. Financial terms of the deal were not disclosed. The specialists at Digestive Health Center in Ocean Springs, Mississippi diagnose and treat a variety of gastrointestinal problems. Digestive Health Center treats both pediatric and adult patients and specializes in colonoscopy, ERCP and upper endoscopy procedures. According to its website, Digestive Health Center includes four office locations with four physicians, seven nurse practitioners, a registered dietitian and 50 team members. GI Alliance is a physician-led and majority... Read More »
Provident Behavioral Health Acquires Care and Counseling in Creve Coeur, Missouri
Provident Behavioral Health has announced its acquisition of Care and Counseling, a mental health services nonprofit in Creve Coeur, Missouri. According to data captured in the LevinPro HC database, this acquisition marks the 35th Behavioral Health Care acquisition of the year, and the 10th in the counseling specialty. Care and Counseling was founded in 1968 as an interfaith agency providing mental health services to children, adults and families, as well as congregational and clergy training. Founded in 1860, Provident Behavioral Health provides in-person behavioral health services at its four St. Louis-area locations, as well as through a crisis hotline and its participation in the 9-8-8... Read More »
Talaris Therapeutics Merges with Tourmaline Bio
Talaris Therapeutics, Inc. announced on June 22 that it entered an agreement to merge with Tourmaline Bio, Inc. According to data captured in the LevinPro HC database, this transaction represents the 76th Biotechnology transaction of 2023. Talaris stockholders are expected to receive $3.43 per Talaris share for a total price of more than $144.62 million. Tourmaline stockholders are expected to own 78.7% of the combined company and Talaris stockholders are expected to own 21.3% of the combined company, each on a fully diluted basis. Talaris anticipates making a cash dividend of up to approximately $64.8 million to its stockholders prior to the closing of the Merger. Talaris Therapeutics is... Read More »
Four Corners Property Trust Acquires 5 Oak Street Properties
Four Corners Property Trust acquired five Oak Street properties for $24.3 million. Four Corners Property Trust, headquartered in Mill Valley, California, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. According to data captured in the LevinPro HC database, this transaction represents the 109th medical office building acquisition of 2023. This acquisition also marks’ Four Corners Property Trust’s 11th transaction of the year, expanding its... Read More »
Nova IVF Fertility Acquires WINGS IVF
Nova IVF Fertility announced on June 21 that it entered an agreement to acquire WINGS IVF. WINGS IVF is one of the leading regional IVF chains in India. WINGS IVF has six centers in Gujarat, Rajasthan, Bihar and Delhi. Nova IVF Fertility is India’s leading chain of fertility and IVF centers. Nova IVF Fertility has achieved more than 55,000 pregnancies across 1,10,000 couples, performing close to 15,000 cycles each year. The company added 43 centers over the past three years. According to the company’s press statement, with this acquisition, Nova IVF Fertility will expand its footprint to 68 centers in 44 cities, aiming to be the leading provider of IVF services across South... Read More »
International Isotopes Acquires AMICI’s Line of Nuclear Lung Ventilation Products
International Isotopes, Inc. announced on June 21 that it acquired AMICI Inc.’s line of nuclear lung ventilation products. AMICI is a leading manufacturer and distributor of diagnostic and therapeutic products for lung ventilation. This includes masks, mouthpieces, backer/virus filters and the Swirler Radioaerosol System that maximizes airflow. The company was founded in 1978. The acquisition of AMICI’s nuclear lung ventilation products includes the manufacturing molds, device registrations, trademarks and all production rights. International Isotopes supplies sodium iodide I-131 as an FDA approved generic drug product and manufactures a full range of nuclear medicine... Read More »
Simulations Plus Acquires Immunetrics For $15.5 Million
Simulations Plus, Inc. announced on June 20 that it acquired Immunetrics, Inc. Simulations Plus agreed to pay the shareholders of Immunetrics cash consideration of $15.5 million. This includes a $1.8 million hold-back, plus two future earn-out payments in the aggregate amount of up to $8 million based on the revenue performance of Immunetrics through December 31, 2024. Immunetrics has served major pharmaceutical companies with predictive-modeling solutions to support the design of clinical trials. Immunetrics’ technology includes a broad and continually expanding library of standardized disease progression models, as well as Thales, a comprehensive quantitative systems pharmacology... Read More »
StrideCare Acquires Texas Center for Interventional Surgery
StrideCare announced on June 16 that it acquired Texas Center for Interventional Surgery (TCIS). According to data captured in the LevinPro HC database, this transaction marks the 16th ambulatory surgery center acquisition of 2023. TCIS is a medical facility specializing in minimally invasive interventional procedures. The company is based in Addison, Texas, right outside of Dallas. Its procedures include ablations, implanting/removing PICC/central lines, ports and aspire catheters, biopsies and kyphoplasty. Based in Dallas, Texas, StrideCare is a multi-specialty physician group focused on improving patient lives by offering value based comprehensive lower extremity care. This... Read More »
