Ambac Financial Group Acquires ArmadaCare 

Ambac Financial Group Acquires ArmadaCare 

On September 29, Ambac Financial Group announced that it entered into an agreement to acquire ArmadaCare for $250 million. The seller was SiriusPoint Ltd., a global underwriter of insurance and reinsurance.  ArmadaCare is a leading insurance program manager specializing in supplemental health insurance solutions that enhance ordinary employer health benefits and address workforce challenges through tailored plans and cost-control strategies. The company was founded in 2004 and is headquartered in Hunt Valley, Maryland.  Headquartered in New York City, Ambac Financial Group owns and operates specialty property and casualty insurance businesses.  A multidisciplinary team from... Read More »
StaffDNA Adds Ethos Medical Staffing to Its Portfolio

StaffDNA Adds Ethos Medical Staffing to Its Portfolio

StaffDNA announced that it is enhancing its healthcare staffing division with the purchase of certain assets of Ethos Medical Staffing. These assets include all Ethos travelers on assignment, direct clients and its candidate database. StaffDNA gives healthcare professionals complete career control for higher-paying opportunities and flexibility. Nursing, allied, therapy, physician and advanced practice professionals can view fully transparent pay and job details for travel, local, staff, per diem and locum tenens contracts, with no registration required. In addition to the acquired assets, the deal automatically enables StaffDNA access to direct hire contracts at facilities that are... Read More »
Avenues Home Care Enters Alabama with As Close As Family Acquisition

Avenues Home Care Enters Alabama with As Close As Family Acquisition

On October 2, Avenues Home Care announced its expansion into Alabama through the acquisition of As Close As Family (ACAF) in Rainsville, Alabama. ACAF operates multiple locations, providing compassionate home care throughout Alabama. The company has affiliations with the Home Care Association of America and the Alabama Elder Care Planning Council. Avenues Home Care provides personalized homecare services for adults, seniors and veterans. The company has 14 locations across Texas, Tennessee and Georgia. Avenues Home Care was acquired by Nashville, Tennessee-based private equity firm Capital Alignment Partners in March 2024. Local leadership and caregivers of ACAF will remain in place,... Read More »
Smarter Technologies Buys Pieces Technologies and Launches SmarterNotes

Smarter Technologies Buys Pieces Technologies and Launches SmarterNotes

On September 30, Smarter Technologies announced the acquisition of Pieces Technologies and the launch of SmarterNotes for an undisclosed price. SmarterNotes is the first and only clinical AI solution that fully integrates streamlined note generation with concurrent revenue cycle intelligence. SmarterNotes captures all the meaningful data from the patient record, not just voice, ensuring every note is accurate, compliant and optimized for reimbursement from the start. Pieces Technologies is a physician-led AI company focused on improving care delivery through automation. Its flagship product, the Pieces Intelligence Platform, delivers AI-generated documentation and clinical summaries to... Read More »
Wysa Acquires Kins

Wysa Acquires Kins

Wysa announced on September 30 its acquisition of Kins, a U.S. physical therapy services company, for an undisclosed price. Kins offers personalized one-on-one sessions at home, covered by insurance. Wysa provides mental and emotional health help for a range of behavioral health needs. Launched in 2016, Wysa provides early intervention via it’s AI chatbot, library of evidence-based self-help tools and messaging-based support from human coaches. The company was acquired by April Health in April 2025. Through the acquisition, Wysa aims to close the care gap by making services more accessible, speed up the adoption of AI solutions in established services and better address... Read More »
Montecito Medical Announces 23rd Acquisition of 2025 

Montecito Medical Announces 23rd Acquisition of 2025 

Montecito Medical Real Estate, based in Nashville, Tennessee, announced its third transaction of the month with the acquisition of Tallahassee Memorial HealthCare, a medical outpatient building (MOB).  The MOB comprises 46,969 square feet and is tenanted by Tallahassee Memorial HealthCare. Tallahassee Memorial HealthCare is a dominant nonprofit healthcare system serving a 21-county region across North Florida and South Georgia. Tallahassee Memorial HealthCare uses the MOB to primarily to provide pulmonary care and physical therapy. The system operates a 772-bed acute care hospital and encompasses approximately 50 affiliated practices. Montecito Medical specializes in... Read More »
Wysa Acquires Kins

Navigating Rehab M&A in 2025: Insights from Paul Martin of Martin Healthcare Advisors

The rehabilitation M&A market is showing signs of renewed vigor in 2025 after a period of moderation. With easing interest rates and persistent sector fragmentation, deal activity is picking up as private equity and strategic buyers position for consolidation. To unpack these trends, the LevinPro HC team interviewed Paul Martin, President of Florida-based Martin Healthcare Advisors. Martin’s insights highlight the market’s current dynamics, buyer priorities and staffing challenges that could shape deals in the year ahead. Martin Healthcare Advisors is a national leader in middle market healthcare mergers and acquisitions, valuations, profit building consulting and... Read More »
Ivy Rehab for Kids Acquires Treehouse Pediatric Therapy 

Ivy Rehab for Kids Acquires Treehouse Pediatric Therapy 

Ivy Rehab for Kids, based in White Plains, New York, announced on September 26 that it purchased Treehouse Pediatric Therapy.  Treehouse Pediatric Therapy is a rehabilitation center that provides care to children. It focuses on speech, language and sensory rehabilitation. It is based in Ramsey, New Jersey.  Ivy Rehab for Kids is an outpatient pediatric rehabilitation provider and part of the Ivy Rehab network. Founded in 2003, Ivy Rehab, a portfolio company of middle-market private equity firm Waud Capital Partners, is a network of outpatient physical, occupational and speech therapy and applied behavior analysis clinics throughout the United States.  This partnership enhances... Read More »
Fagron Acquires University Compounding Pharmacy 

Fagron Acquires University Compounding Pharmacy 

Fagron announced that it entered into an agreement to acquire University Compounding Pharmacy. The enterprise value of the acquisition is $41.5 million.   University Compounding Pharmacy is a 503A pharmaceutical compounder specializing in the health and wellness segment, with strong positions in hormones and urology and a solid compliance record. It is based in San Diego, California.  Fagron is a leading global company active in pharmaceutical compounding, focusing on delivering personalized medicine to hospitals, pharmacies, clinics and patients in 35 countries around the world. Fagron’s operational activities are managed by the Dutch company Fagron BV, which is... Read More »
Montecito Medical Acquires Midland, Texas Medical Property 

Montecito Medical Acquires Midland, Texas Medical Property 

On September 23, Montecito Medical Real Estate announced that it acquired another medical outpatient building (MOB) in Texas.  The Midland, Texas MOB is 100% occupied and comprises 23,000 square feet. Midland Ambulatory Surgery Center is the property’s main tenant, but it also includes an imagery center and a cardiology practice.  Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions involving more than $6.5 billion in medical and veterinary real estate transactions.  This marks Montecito’s 22nd acquisition of 2025. The financial terms were not disclosed.  “For the past... Read More »