Innova Therapeutics Advances Novel Cancer Treatment With Enci Therapeutics Deal
Innova Therapeutics has completed its purchase of South Carolina-based biotechnology company Enci Therapeutics. The acquisition includes Enci Therapeutics’ main cancer therapeutic program, IVT-8086. IVT-8086 is a first-in-class, humanized monoclonal antibody (mAb) developed as a cancer therapeutic that targets and antagonizes the Secreted Frizzled-Related Protein 2 (SFRP2) pathway. SFRP2 is a protein expressed at high levels in many solid and hematological malignancies, and its expression is correlated with patient outcomes, including overall survival, making it an important therapeutic target. As an SFRP2 antagonist, IVT-8086 selectively blocks the non-canonical Wnt/Ca2+ signaling... Read More »
Brown’s Medical Imaging and Prestige Medical Imaging Merge
Brown’s Medical Imaging announced that it has completed its merger with Prestige Medical Imaging (PMI), unifying the organization under the Brown’s Medical Imaging brand. PMI is the largest independent radiology service and solutions provider in the Eastern United States. Its customer base includes private practice practitioners, professional sports teams and hospital healthcare networks. The company sells, services and supports a vast array of modalities across numerous manufacturers. Founded in 1995 and headquartered in Omaha, Nebraska, Brown’s Medical Imaging is a medical imaging solutions company providing equipment, service, maintenance, services and support to hospitals,... Read More »Hospital Mega-Deals Fall to Just 15% in 2025
Our latest Stat of the Month highlights a significant shift in Hospital M&A, and what it signals for investors and strategics heading into 2026. According to transaction activity we captured in our LevinPro HC database, only 15% of all Hospital transactions in the first nine months of 2025 had target revenue exceeding $500 million. That’s compared to 31% in the same period in 2024, a significant swing in the type of Hospital deals we’re seeing in the market. In 2024, health systems were focused on generating scale, exemplified by mergers from organizations like Lehigh Valley Health Network and Jefferson Health, which created a network of more than 30 hospitals. This year, however,... Read More »
Transwestern Real Estate Services Advises On Granbury, Texas Sale
Transwestern Real Estate Services announced that it facilitated the sale of a medical outpatient building (MOB) in Granbury, Texas. Neither the buyer nor the seller were disclosed. The MOB, known as Fall Creek Medical Plaza, comprises 16,464 square feet and is 100% occupied. The financial terms of the transaction were not disclosed. This also marks the second transaction that Transwestern Real Estate Services has advised on in 2025; in June, the company advised on a three-location MOB portfolio in Temple and Belton, Texas. The portfolio comprises 31,545 square feet. According to data captured in the LevinPro HC database, this transaction marks the 201st MOB deal of... Read More »
SALT Dental Partners Acquires Ashmore Orthodontics
SALT Dental Partners, a portfolio company of Dallas-based Latticework Capital Partners, announced that it expanded its portfolio with the acquisition of Ashmore Orthodontics. Ashmore Orthodontics operates out of two locations in Washington: Port Orchard and Bremerton. According to its website, there is one physician on staff (Dr. Jennifer Ashmore). Headquartered in Phoenix, Arizona, SALT Dental Partners is a dental partnership organization specializing in specialty pediatric dentistry and orthodontics. It has more than 90 locations across 13 states nationwide. Marking SALT’s 12th acquisition of the year, this deal strengthens SALT’s footprint in the Pacific... Read More »
Commonwealth Pain & Spine Acquires 2 Pain Management Practices
Commonwealth Pain & Spine, based in Louisville, Kentucky, announced on November 25 the acquisition of two pain management practices: Piedmont Interventional Pain Care and Carolina Pain Physician. Based in Salisbury, North Carolina, Piedmont Interventional Pain Care is run by a team of two medical professionals: Dr. Robert B. Wilson and Kris Watson, a physician assistant. Carolina Pain Physicians is based in Ladson, South Carolina. According to its website, the pain management practice is operated by two doctors. Commonwealth Pain & Spine is a pain management solutions practice with 39 locations across Illinois, Indiana, Kentucky, North Carolina, Ohio, South... Read More »
Matthews Advises On Texas Children’s Pavilion for Women Sale
On November 20, Matthews Real Estate Investment Services announced that it facilitated the sale of Texas Children’s Pavilion for Women, a medical outpatient building (MOB) in Austin, Texas. The purchase price was $10.8 million. The MOB is a Class A building and comprises 12,750 square feet. It is operated under a long-term net lease backed by investment-grade credit and secured by one of the nation’s leading pediatric and women’s health systems. The price totals to slightly more than $847 per-square-foot. The press release noted that the undisclosed buyer was attracted to the operator’s strength, quality construction and well-positioned location in the Far Northwest Austin... Read More »
Beyond the Deal Volume: A Conversation With CEO Doug Drew of USOSM
Driven by a highly fragmented market landscape and sustained patient demand for care, the dental industry has emerged as an appealing sector for strategic consolidation and acquisition opportunities in the past five years. According to data captured in the LevinPro HC M&A database, the dental industry represents 48% of the Physician Medical Group sector’s activity, with 219 transactions announced since the start of 2025. Formed in 2017 and backed by Oak Hill Capital Partners, U.S. Oral Surgery Management (USOSM) has crafted a reputation as a dominating force in the dental space. With a presence in more than 30 states, USOSM provides operational, financial and administrative support... Read More »
