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Recovery Centers of America Acquires Adolescent & Young Adult Advocates
King of Prussia, Pennsylvania-based Recovery Centers of America has acquired the Bryn Mawr, Pennsylvania-based mental health and addiction treatment provider Adolescent & Young Adult Advocates. Recovery Centers of America said the acquisition will help address early-stage addiction in outpatient settings. Adolescent & Young Adult Advocates will now have the name Adolescent & Young Adult Advocates, Recovery Centers of America. The terms of the deal were not disclosed. Adolescent & Young Adult Advocates offers a comprehensive outpatient treatment program for substance use disorder, anxiety, depression and other mental health issues. It focuses on serving youth aged 14 to 26... Read More »
Empower Physical Therapy Acquires Spectrum Therapy Consultants
Empower Physical Therapy, a portfolio company of Chicago-based private equity firm Sheridan Capital Partners, announced on March 10 its acquisition of Spectrum Therapy Consultants for an undisclosed price. Founded in 2006, Spectrum Therapy Consultants provides outpatient physical therapy services using a hands-on, individualized approach. These personalized treatments assist patients recovering from a range of health issues, including pain, orthopedic and neuromuscular problems, joint issues, post-operative conditions and sports and work-related injuries. The company operates seven locations across the El Paso, Texas metropolitan area. Empower Physical Therapy provides physical therapy... Read More »
DMS Health Technologies Purchases Advanced Imaging Management
DMS Health Technologies announced on March 8 that it acquired League City, Texas-based Advanced Imaging Management (AIM). The combined company’s fleet includes a collection of mobile MRI, CT and nuclear medicine systems deployed throughout North America. The financial terms of the deal were not disclosed. AIM is veteran-owned and certified by the Veterans Administration. In 2013, AIM was the federal government’s largest diagnostic imaging provider. It has a full range of MRI, CT, PETCT, ultrasound, C-ARM, nuclear medicine, digital mammography, CR, DR, bone density and portable x-ray equipment. DMS Health Technologies owns and operates a full line of mobile MRI, CT, Cath Lab, PET/CT... Read More »
GEODIS Acquires trans-o-flex
GEODIS announced on March 7 that it acquired trans-o-flex, a leading network for temperature-controlled pharmaceutical goods and express premium delivery. trans-o-flex is based in Weinheim, Germany and has locations across Germany as well as in Austria. It was founded in 1971. GEODIS is a leading supply chain operator based in France. Its international reach includes a direct presence in 67 countries and a global network spanning more than 120 countries. This acquisition will establish GEODIS as one of the most prominent players in the key market of healthcare and will significantly enhance its delivery capabilities in Europe. The financial terms of the acquisition were not disclosed.... Read More »
Alfresa Holdings Corp Purchases Miyazaki Onsendo Shoten
Alfresa Holdings Corp. announced that it purchased Miyazaki Onsendo Shoten for an undisclosed price. Alfresa has acquired all outstanding common shares of Miyazaki Onsendo Shoten to make it its wholly owned subsidiary. Houlihan Lokey, Inc. acted as an advisor to Alfresa Holdings. Alfresa Holdings Corp. is a Japan-based holding company primarily engaged in the wholesale of drugs. Alfresa is one of the largest pharmaceutical wholesalers in Japan, with sales of approximately ¥2,586 billion ($23 billion USD) and EBITDA of approximately ¥42 billion ($373 million USD) as of FYE March 2022. Miyazaki Onsendo Shoten was established in 1927 and is headquartered in Nagasaki, Japan. It is a wholesaler... Read More »
Flagship Healthcare Properties Acquires MOB in Winter Garden
Charlotte, North Carolina-based Flagship Healthcare Properties is bolstering its portfolio in central Florida with its latest acquisition of a newly built, Class A medical office building (MOB) located in Winter Garden, Florida. The property was acquired through Flagship Healthcare Properties‘ private real estate investment trust, Flagship Healthcare Trust. Flagship Healthcare Properties will also provide property management and asset management services for the property. Terms of the deal were not disclosed. The 23,241-square-foot property is anchored by AdventHealth Well 65+, a primary care practice. The MOB benefits from nearby hospital systems such as AdventHealth Winter Garden and... Read More »
South Bend Orthopaedics Partners With OrthoAlliance
South Bend Orthopaedics (SBO) has entered into a partnership with OrthoAlliance. South Bend Orthopaedics was represented by ASCs Inc. through the transaction process. Terms of the deal were not disclosed. South Bend Orthopaedics operates clinics in South Bend, Mishawaka, Elkhart, Plymouth and LaPorte, Indiana, which are staffed by an experienced team of physicians, physician assistants, physical therapists, athletic trainers, physical therapy assistants and occupational therapists. OrthoAlliance, a physician-led management services organization (MSO) for orthopedic groups, was formed in 2019 in partnership with Beacon Orthopaedics and Revelstoke Capital Partners, a Denver-based private... Read More »
Next Move Healthcare Acquires Kansas City-Based Prime Surgical Associates
Next Move Healthcare, a Kansas City-based clinical talent and travel nurse staffing provider, acquired Prime Surgical Associates, a specialty surgical staffing firm based in Kansas City that provides trained surgical assistants to surgeons. The acquisition of Prime Surgical Associates will bring Next Move Healthcare into the perioperative and surgical staffing space as demand for skilled healthcare workers becomes stronger. Prime Surgical Associates will continue to operate independently under its current name as a wholly-owned subsidiary of Next Move Healthcare, supporting hospitals and physician groups through its perioperative staffing solutions. Terms of the deal were not disclosed.... Read More »
WeightWatchers to Acquire Sequence
WW International, Inc. has entered into a definitive agreement to acquire Weekend Health, Inc., doing business as Sequence. Sequence seamlessly integrates the patient and clinician experience for ongoing, clinical care and medication management while providing high-touch support in navigating the insurance approval process. The transaction, which is subject to customary closing conditions, is expected to close during the second quarter of 2023. Weekend Health is a subscription telehealth platform offering access to healthcare providers specializing in chronic weight management. Sequence seamlessly integrates the patient and clinician experience for ongoing, clinical care and medication... Read More »Schedule a demo
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