PE-Backed BioMatrix Infusion Pharmacy Closes Acquisition of LUX Infusion
BioMatrix Infusion Pharmacy, backed by private equity firm Frazier Healthcare Partners, announced the successful acquisition of LUX Infusion, effective October 17, 2025. With this acquisition, BioMatrix extends its reach into the Pacific Northwest. Financial terms of the deal were not disclosed. LUX Infusion is Alaska’s leading independent ambulatory infusion provider, offering safe, convenient and cost-effective care for patients with acute and chronic conditions. The company has three locations across the state. Headquartered in Plantation, Florida, BioMatrix Infusion Pharmacy is a nationwide, independent specialty infusion pharmacy. Frazier Healthcare Partners acquired the company... Read More »
TUSK Practice Sales Advises A Beautiful Smile in MB2 Dental Transaction
TUSK Practice Sales, a healthcare-focused M&A advisory firm, announced that it represented a dental practice in a recent transaction. The firm advised A Beautiful Smile on its acquisition by MB2 Dental Solutions. A Beautiful Smile is based in Jacksonville, North Carolina. According to its website, there are two physicians on staff: Dr. Gina Collins Mancini and Dr. Whitney Mitchell. 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. In November 2024, Warburg... Read More »
Blackstone and TPG Acquire Hologic in $18.3 Billion Deal
On October 20, TPG and Blackstone announced that they entered into a definitive agreement to acquire Hologic, Inc. The purchase represents an enterprise value of up to $18.3 billion. Founded in 1985, Hologic develops, manufactures and sells premium diagnostic products, medical imaging systems and surgical products, primarily for women’s health. Hologic reported an annual revenue of more than $4 billion for its 2024 fiscal year, which ended on September 28, 2024. TPG is a global alternative asset management firm. It was founded in San Francisco in 1992 and has $246 billion of assets under management. Blackstone is the world’s largest alternative asset manager. The... Read More »
Life Sciences R&D M&A Market Overview: Strategic Buyers Amid a Cooling Market
Despite a recent cooling in Life Sciences R&D, there has been a shift among buyers towards more selective, strategic acquisitions that prioritize quality over quantity. The Life Sciences R&D sector, encompassing clinical trial management, contract research organization (CRO) services and contract development and manufacturing organization (CDMO) capabilities, plays a central role in biopharmaceutical innovation. These providers help drug developers overcome steep costs, lengthy timelines and regulatory hurdles to deliver new therapies to patients. With biopharma companies under pressure to accelerate pipelines amid rising chronic disease burdens and aging populations, outsourcing... Read More »
U.S. Urology Partners Acquires New Jersey Urology Assets
U.S. Urology Partners, a portfolio company of General Atlantic, announced that it acquired the central and south divisions of New Jersey Urology. New Jersey Urology central and south divisions include more than 20 locations in Atlantic, Burlington, Camden, Cumberland, Gloucester, Mercer, Middlesex, Monmouth and Somerset Counties. It also includes locations in Bucks County, Pennsylvania. New Jersey Urology has more than 22 locations and 60 physicians. The business was previously affiliated with Summit Health. U.S. Urology Partners provides management expertise and infrastructure resources across several areas, including provider recruitment, payor contracting, data analytics and... Read More »
Four Corners Property Trust Acquires Heartland Dental Property
On October 17, Four Corners Property Trust (FCPT) announced that it purchased a medical outpatient building (MOB) tenanted by Heartland Dental. The purchase price is $3.3 million. The property is located in a highly trafficked corridor in Oklahoma and is corporate operated under a triple net lease with approximately four years of term remaining. Nothing else regarding the MOB was disclosed. FCPT, 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 aims to expand its portfolio by acquiring additional real estate to lease, on a net... Read More »
Private Equity Interest on the Rise in Q3:25
In the third quarter of 2025, private equity firms and their sponsored companies (“PE Buyers,” collectively) announced 183 transactions in the healthcare M&A market, or approximately 34.4% of all the 532 announced healthcare deals, according to data captured in the LevinPro HC platform. This represents an increase in M&A volume from the 148 PE transactions announced in the second quarter of 2025, yet activity is on par with the 182 deals reported in Q3:24. In Q3:25, disclosed spending totaled nearly $7.4 billion across 12 deals with a PE Buyer, averaging about $616 million per deal. The transaction with the largest purchase price was Patient Square Capital’s acquisition of Premier,... Read More »
Healthcare M&A Activity Increases 7% in Q3:25
Healthcare merger and acquisition activity increased in the third quarter of 2025, with 532 deals announced, according to new acquisition data from LevinPro HC. Activity in Q3:25 was 7% higher than the 495 deals announced in the second quarter, and 3% higher than the 512 deals announced in Q3:24. The most active sector for M&A during the quarter was Physician Medical Groups (PMG), which had 130 deal announcements, making up nearly a quarter of all Q3 healthcare transactions. The dental specialty alone had 66 deal announcements, accounting for more than 50% of all PMG deal announcements during the quarter. The eHealth sector was the second most active with 83 deal announcements. Within... Read More »
