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Huma Acquires German CRO Alcedis
Huma Therapeutics Limited, a global digital health company, announced on January 9 its acquisition of Alcedis GmbH for an undisclosed price. Through the acquisition, Huma will form an advanced clinical trials division offering digital solutions across the entire development pipeline, from early stage through to Phase IV hybrid and fully decentralized trials. Alcedis GmbH is a contract research organization (CRO) for data driven clinical research and technology utilization. Headquartered in Hessen, Germany, Alcedis has more than 25 years of clinical trial experience. Huma Therapeutics produces applications that integrate health data from hospital databases as well as patient wearables and... Read More »
PE-Backed Gastro Health Makes Its First Acquisition of 2023
Gastro Health, LLC, a portfolio company of OMERS Private Equity, announced on January 4 that it acquired Gastroenterology Associates, a 10-physician GI practice based in Olympia, Washington. In addition to the 10 gastroenterologists that run the practice, Gastroenterology Associates has a team of nine advanced practice providers that treat a full range of GI conditions. The practice also offers in-office infusion services and operates anesthesia services. Gastro Health is a medical group specializing in the treatment of gastrointestinal disorders, nutrition and digestive health. Gastro Health has a presence in Florida, Alabama, Washington, Virginia, Ohio, Maryland and Massachusetts, with... Read More »
Planet DDS Acquires Cloud 9 Software
Planet DDS has acquired Cloud 9 Software from Accel-KKR, an investment firm focused on software and tech-enabled businesses. Founded in 2009, Cloud 9 Software is a 100% cloud-based practice optimization platform. Headquartered in Roswell, Georgia, Cloud 9 serves more than 2,900 locations with thousands of providers and millions of patients. Newport Beach, California-based Planet DDS is a provider of cloud-enabled dental software solutions serving more than 10,000 practices in North America with more than 60,000 users. Planet DDS is backed by Level Equity, a private investment firm focused on providing capital to rapidly growing software and technology-driven businesses, and Aquiline... Read More »
Life Science Outsourcing Acquires J-Pac Medical
Brea, California-based Life Science Outsourcing, Inc. (LSO) has acquired Somersworth, New Hampshire-based J-Pac Medical. Terms of the deal were not disclosed. Founded in 1986, J-Pac Medical is a manufacturing and packaging outsourcing partner to medical device and diagnostic companies seeking to simplify the supply chain for single-use medical devices. J-Pac Medical offers full-service cleanroom assembly, packaging, sterilization and supply chain management solutions. Founded in 1997, LSO is a medical device contract manufacturer. LSO offers clients cleanroom assembly, packaging, sterilization, medical device manufacturing, medical package testing, sterilization validation, fulfillment and... Read More »
eAssist Dental Solutions Acquires Unitas PPO Solutions
eAssist Dental Solutions has acquired Unitas PPO Solutions. In June 2021, Henry Schein acquired a majority interest in eAssist, which provides a platform of outsourced revenue cycle services to the dental industry. Mike Alder will continue to manage the Unitas business as CEO along with the Unitas management team. This transaction is expected to be neutral to Henry Schein’s 2022 diluted earnings per share and to be accretive thereafter. The financial terms of the transaction were not disclosed. Unitas is a privately held service provider that works with dental practices to assess their commercial insurance participation, set competitive fee-for-service rates and negotiate contracted... Read More »
Cressey & Company, Health Enterprise Partners Acquire The InterMed Group
Cressey & Company LP and Health Enterprise Partners (HEP) announced on January 5 that funds affiliated with the two private equity firms have acquired The InterMed Group, a provider of healthcare technology management services, from Granite Bridge Partners. Harris Williams LLC served as financial advisor to InterMed. Terms of the deal were not disclosed. The partnership with Cressey and HEP will expand InterMed’s ability to help hospitals and healthcare systems manage inventories of complex medical equipment efficiently and cost effectively. The InterMed Group provides end-to-end healthcare technology and equipment management services to hospitals and health systems across the... Read More »
Agilent Technologies Acquires Avida Biomed
Agilent Technologies Inc. has acquired Avida Biomed. The acquisition augments Agilent’s strategy to expand into the high-growth clinical research and diagnostics markets. Terms of the deal were not disclosed. Agilent provides bio-analytical solutions and services to the life sciences, diagnostics and genomics, chemical analysis, communications and electronics industries worldwide. Its global headquarters is in Santa Clara, California. Agilent was established in 1999 as a spin-off from Hewlett-Packard. Fremont, California-based Avida Biomed is an early-stage life sciences company that develops target enrichment workflows with capabilities for clinical researchers utilizing next-generation... Read More »
Akeso Occupational Health Expands In Southern California
Irvine, California-based Akeso Occupational Health announced its acquisition of Inland Empire Occupational Medicine. This transaction represents the first occupational health acquisition of the year, according to data captured from the LevinPro HC database. Inland Empire Occupational Medicine was founded in Riverside, California, more than 25 years ago. It focuses on occupational therapy. Founded in 2018, Akeso Occupational Health develops occupational medicine clinic groups, focusing on the evaluation and treatment of health issues that arise from work or environmental exposures, enabling injured employees to return to work. In 2022, the company completed four transactions. This... Read More »
Echo Health Acquires Prelude Software
Echo Health, Inc. announced on January 5 that it acquired Prelude Software for an undisclosed amount. Prelude Software is the provider of the disbursement-hub solution PayPilot, a platform that helps carriers extend the capabilities of their systems, including claims, billing, policy and other applications by centralizing and streamlining security and control of outbound payments. Echo Health is a Westlake, Ohio-based health care payment technology and services provider. The acquisition will combine Prelude’s PayPilot solution and Echo’s digital payment platform. According to data captured from the LevinPro HC database, this acquisition represents the first eHealth transaction... Read More »Schedule a demo
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