Lee & Associates and Neil Walter & Co. Advise on $15.75 Million Outpatient Deal
Sound Credit Union, a Tacoma, Washington-based credit union, announced that it purchased a medical outpatient building (MOB) occupied by Sound Physicians for $15.75 million. Built in 2003, the five-story MOB comprises 54,500 square feet and is based in Tacoma, Washington. The MOB’s occupancy increased from 60% to 83% over an undisclosed two year period. The price is $289 per square foot. Sound Credit Union was represented by Harrison Laird of Lee & Associates. Bruce Valentine of Neil Walter Co. represented the seller, a group of private investors that includes Korum Automotive Group President John Hall. The press release notes that the purchase price is more... Read More »
Phase 1 Equity Acquires New Jersey Practice
Coming off the heels of an acquisition in Ohio, Phase 1 Equity announced that it is continuing its expansion with the acquisition of a New Jersey practice. Other than its location, nothing else was disclosed about the orthodontic practice. Phase 1 Equity is a doctor-owned, doctor-led private equity firm for orthodontists and pediatric dentists. It was founded in 2022 by DuneGlass Capital. This marks Phase 1 Equity’s seventh practice added in 2025, its 18th doctor to join the platform and brings total locations to 25. The financial terms of the transaction were not disclosed. Additionally in 2025, Phase 1 Equity has acquired practices in California, Pennsylvania,... Read More »
DHL Group Announces Second Acquisition of 2025
On September 10, Deutsche Post AG, trading as DHL Group, announced its second acquisition of the year with the purchase of SDS Rx. The financial terms were not disclosed. Based in Tampa, Florida, SDS Rx provides specialized healthcare deliveries from more than 200 locations across the country. DHL Group is a German multinational package delivery and supply chain management company. It specializes in technology, life sciences and healthcare, engineering, manufacturing and energy, auto-mobility and retail services. Previously in 2025, DHL Group purchased CRYOPDP, a courier service provider for clinical trials, biopharmaceuticals and cell and gene therapies. CRYOPDP operates... Read More »
Stella Mental Health Buys Bespoke Treatment in Los Angeles
On September 8, Stella Mental Health announced its acquisition of Bespoke Treatment, a Joint Commission accredited integrative mental health facility based in Los Angeles, California. Founded in 2019 by neuroscientist Ben Spielberg, Bespoke Treatment has become known for its comprehensive and personalized approach to mental health care, offering both traditional psychiatric services and advanced interventional treatments. Bespoke Treatment provides a full spectrum of services, ranging from general psychiatry and psychotherapy to personalized transcranial magnetic stimulation, Spravato®, IV ketamine and intensive outpatient programming. Stella Mental Health is an interventional psychiatry... Read More »
GE HealthCare to Acquire Brain Imaging Company Icometrix
GE HealthCare announced on September 10 that it entered into an agreement to acquire AI-powered imaging analysis company Icometrix. Founded in 2011, Icometrix is a healthcare technology company developing imaging analysis technology for neurological disorders such as Alzheimer’s disease. GE Healthcare, a subsidiary of General Electric (GE), is an American multinational medical technology company headquartered in Chicago, Illinois. It was spun-off from GE on January 4, 2023, with GE retaining 13.5% ownership. GE HealthCare provides digital infrastructure, data analytics and decision support tools designed to help in the diagnosis, treatment and monitoring of patients. The deal remains... Read More »
Pediatrica Health Group Acquires 10th Practice Location
Miami-based Pediatrica Health Group announced on September 9 the acquisition of Capote Pediatrics, marking its 10th practice location. Capote Pediatrics is a pediatrics practice located in Sarasota, Florida. According to its website, the practice has one provider on staff: Dr. Jessica Capote. Pediatrica Health Group is a multi-site, pediatric primary care organization providing equitable access to pediatric primary care. The company empowers and supports providers and health care teams with modern technologies and the resources needed to provide tailored patient care. Dr. Jessica Capote has hand-selected her replacement, Dr. Neta Strum. Pediatrica is focused on continuing to expand... Read More »
SUN Behavioral Health’s Acquisition Strategy: A Conversation with CEO Steve Page
Unlike many other healthcare sectors experiencing a decline in M&A deal volume, the Behavioral Health Care (BHC) market has seen a plethora of deal activity in 2025. According to data captured in the LevinPro HC, there have been 74 BHC transactions announced since the start of the year, outpacing the 73 deals announced in 2024. The deal volume of 2025 is on track to outpace the 83 deals reported in 2023 as well. However, 2022 and 2021 saw incredibly high deal volume; there were 113 deals reported in 2022 and 131 in 2021. The large deal volume seen in 2022 and 2021 was due to the high demand for mental health services resulting from the challenges faced by the country during the... Read More »
Sila Realty Trust Buys Inpatient Rehabilitation Facility Portfolio for $70.3 Million
On September 8, Sila Realty Trust, Inc. announced the $70.3 million acquisition of two inpatient rehabilitation facilities located in Plano, Texas and Peoria, Arizona. The properties are comprised of more than 100,000 aggregate square feet. The facilities are leased to Reunion Rehabilitation Hospitals, in partnership with Nobis Rehabilitation Partners, which serves as the exclusive manager and operator for the Reunion branded facilities. Both buildings were built and opened in 2023, and through strategic positioning, benefit from the proximity to several prominent acute care hospitals that serve as the primary referral sources. Sila Realty Trust is a net lease real estate investment trust... Read More »
Phreesia to Buy AccessOne for $160 Million
Phreesia, Inc. announced on September 4 that it is acquiring AccessOne Parent Holdings, Inc. and all of its subsidiaries for aggregate consideration of $160 million in cash. AccessOne is a market leader in providing financing solutions for healthcare receivables, working with some of the largest health systems in the United States. AccessOne currently manages a receivables portfolio of approximately $450 million. Prior to this deal, AccessOne was a portfolio company of North Carolina-based growth equity firm Frontier Growth. Phreesia, formerly a portfolio company of Boston, Massachusetts-based venture capital firm Polaris Partners, offers a digital platform that provides revenue cycle... Read More »Schedule a demo
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