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Woodside Health Expands Atlanta MSA MOB Footprint
Woodside Health has acquired Research Court, an 80,000-square-foot medical office building (MOB) in Suwanee, Georgia. This marks Woodside Health’s third acquisition in the Atlanta MSA and the 49th addition to its portfolio. Crossgate Partners sold the asset for an undisclosed price. Research Court encompasses two one-story buildings built in 2001 on a 6.4-acre site. The asset was 88% occupied at the time of the sale with its roster featuring medical and office tenants. The property is 30 miles from downtown Atlanta and has access to State Route 141. The property previously traded in 2020 when Crossgate bought it from Alta Properties for $10 million, financing the purchase with a $6.6... Read More »
Move Health Closes Acquisition of Allied Health Clinics in Ontario
Move Health Holdings Corp. announced that it has finalized the terms of its acquisition of 100% of the issued and outstanding shares in PhysioCare and Wellness Clinic Inc and Ortho Neuro PhysioCare Inc. The acquisition grows Move Health’s footprint from three to five clinics and marks the company’s entry into Eastern Canada. The transaction of approximately $1.88 million comprised 85% common shares of Move Health and 15% cash consideration. Immediately accretive to Move Health, the acquisition is expected to add more than $2 million in revenue and more than 14.5% EBITDA in the first year and in advance of any operational synergies and financial efficiencies. PhysioCare and Wellness Clinic... Read More »Panoramic Health Acquires North Shepherd Dialysis Access Center
Panoramic Health announced on March 10 that it acquired Houston-based North Shepherd Dialysis Access Center. This acquisition was announced alongside Panoramic Health’s partnership with Nephrology, Dialysis & Transplantation Associates, P.A. at The Kidney Institute. Panoramic Health plans to convert the North Shepherd Dialysis Access Center into a fully licensed ambulatory surgical center. The financial terms of the acquisition were not disclosed. Panoramic Health is a physician-led, value-based kidney care organization. Panoramic Health’s Clinical Research division partners with sponsors and clinical research organizations to bring cutting-edge treatments to patients with... Read More »
Navis Clinical Laboratories Acquires the Clinical Laboratory Business of Cordant Health Solutions
Navis Clinical Laboratories announced on March 7 that it acquired the clinical laboratory business of Corden Health Solutions. Oakworth Capital Bank acted as servicer and sole agent for a senior secured credit facility for Navis Clinical Laboratories. The financial terms of the acquisition were not disclosed. Cordant Health Solutions provides tools for monitoring patients and clients in behavioral health, chronic pain and criminal justice programs. The laboratory business, which conducts drug, urine, hair and blood testing, is being sold. It is based in Denver. Navis Clinical Laboratories, headquartered in Franklin, Tennessee, provides innovative solutions tailored for healthcare providers... Read More »
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 »Schedule a demo
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