Apara Autism Center Acquires Autism Learning Collaborative & the Missouri Operations of Early Autism Services
Apara Autism Center, a portfolio company of Dallas-based private equity firm Havencrest Capital Management, announced on January 25 its acquisition of the Autism Learning Collaborative (ALC), as well as the Missouri operations of Early Autism Services (EAS). Terms of both deals were not disclosed. ALC & EAS are clinic- and home-based providers of Applied Behavior Analysis (ABA) therapy services to children and adolescents with Autism Spectrum Disorder (ASD). Apara Autism Centers is a Sugar Land, Texas-based ABA service provider offering clinic- and home-based ABA therapy to children with ASD. According to data captured in the LevinPro HC database, this acquisition marks the seventh and... Read More »
Unity MSK Purchases Chicago-Based Orthopaedic Practice
Los Angeles-based Unity MSK announced on January 24 that it acquired Orthopaedic Associates of Riverside, LLC. With the addition of this partnership, Unity MSK now has seven Chicago MSA locations that provide orthopedic and podiatric medical care to commercial, Medicare and workers compensation patients. The financial terms of the acquisition were not disclosed. Orthopaedic Associates of Riverside, LLC has three locations in the Chicago MSA (Chicago, Riverside and La Grange) and is run by four providers. Unity MSK is a national platform providing support services to practices offering the full continuum of musculoskeletal care. It was formed by Dallas-based private equity firm Trinity Hunt... Read More »
Boston-area Life Sciences Campus Acquired for Nearly $600 Million
In what has been reported by the Boston Business Journal as one of the largest commercial property transactions in the Boston area during the past year, CS Capital Management, Inc. has acquired a Waltham, Massachusetts-based life sciences campus for $578 million. The seller was TPG Real Estate’s Alloy life science platform. TPG bought the nearly 600,000-square-foot campus in 2020 for $340 million with a strategy of attracting more life science tenants through a lab conversion. CS Capital Management is a real estate investment management and advisory company with approximately $848 million of institutional assets under management. According to data captured in the LevinPro HC database, this... Read More »
Chiesi Farmaceutici Acquires Amryt Pharma
Parma, Italy-based Chiesi Farmaceutici S.p.A. announced its acquisition of Amryt Pharma PLC (NASDAQ: AMYT) for $1.25 billion. Centerview Partners LLC served as exclusive financial advisor and Dechert LLP was the legal advisor to Chiesi. Moelis & Company LLC served as exclusive financial advisor and Cooley LLP and Gibson Dunn & Crutcher LLP were the legal advisors to Amryt. Amryt Pharma is a biopharmaceutical company focused on developing and delivering innovative new treatments to help improve the lives of patients with rare and orphan diseases. It was founded in 2015 and is based in Dublin, Ireland. In 2022, the company reported revenue of $220 million. Chiesi... Read More »
Elevance Health Acquires Blue Cross and Blue Shield of Louisiana
Elevance Health has acquired Blue Cross and Blue Shield of Louisiana (BCBSLA), which will join Elevance Health’s affiliated Anthem Blue Cross Blue Shield family of brands. Terms of the deal were not disclosed. BCBSLA is the biggest provider of health insurance in Louisiana, serving more than 1.9 million members. Formerly Anthem, Inc., Elevance Health’s companies serve more than 119 million people through a portfolio of medical, digital, pharmacy, behavioral, clinical and complex care solutions. According to data captured in the LevinPro HC database, this transaction marks the third Managed Care transaction of 2023. There were 43 Managed Care deals reported in... Read More »
Concentra Acquires Connecticut Occupational Health Locations
Concentra, Inc. announced on January 23 that it acquired PhysicianOne Urgent Care’s Connecticut occupational health business. PhysicianOne provides walk-in and virtual medical care for non-life-threatening illnesses and injuries around the clock. PhysicianOne’s 16 occupational health locations in Connecticut are being acquired. PhysicianOne still operates five Massachusetts and three New York locations. Concentra, a division of Select Medical, is a premier provider of occupational health services focused on improving the health of America’s workforce, one patient at a time. The company is headquartered in Addison, Texas and operates more than 540 urgent care centers in 44... Read More »
Lifepoint Health Acquires Cornerstone Behavioral Health El Dorado
Lifepoint Health announced on January 23 that it acquired Cornerstone Behavioral Health El Dorado. Cornerstone Behavioral Health El Dorado’s operations will be rolled into the Lifepoint behavioral health business. Lifepoint plans to invest in Cornerstone Behavioral Health El Dorado’s growth and plans to add nearly 50 beds to the facility in the coming months. Terms of the deal were not disclosed. Cornerstone Behavioral Health El Dorado is a 54-bed facility in Tucson, Arizona. It offers acute inpatient treatment for mental health and substance use disorders Lifepoint Health, a subsidiary of RCCH HealthCare Partners, owns and operates 62 community hospitals, more than 30 rehabilitation and... Read More »
PE-Backed Together Women’s Health Purchases Women’s Health Consulting
Together Women’s Health (TWH) announced on January 24 that it acquired Women’s Health Consulting. Women’s Health Consulting is a leading women’s health, obstetrics and gynecologic practice in Chicago, Illinois, with privileges at Northwestern Medicine Prentice Women’s Hospital. It is run by a team of five providers. TWH is a management services organization backed by Shore Capital Partners. TWH supports its affiliated practices and physician partners with strategic guidance, administrative resources (including revenue cycle management, marketing, human resources, finance, accounting and IT), operational expertise and capital. This acquisition brings TWH’s affiliate network to eight... Read More »