TrueBlue Enters Healthcare Staffing Space With Healthcare Staffing Professionals Deal
TrueBlue, the fifth-largest industrial staffing firm in the United States, announced that it is entering the healthcare staffing market with the acquisition of Healthcare Staffing Professionals (HSP). The deal closed on January 31, 2025. HSP is based in Reseda, California, with operations across the United States. Its staffing lines include travel nurse, allied healthcare and behavioral health. HSP focuses on state and local government entities such as public health departments, correctional institutions and education systems. TrueBlue is a staffing, recruiting and workforce management company that services industries such as construction, energy, manufacturing and financial. In 2023,... Read More »
Cone Health Buys Greensboro, NC Medical Outpatient Building
Cone Health announced that it is expanding its Greensboro, North Carolina presence. The company has plans to add a new practice after buying a building less than a mile away from its flagship hospital, Moses H. Cone Memorial Hospital. Cone Health paid $1.7 million to acquire all but one unit in a Greensboro medical outpatient building (MOB), according to a filing with the Guilford County Register of Deeds Office. Founded in 1953, Cone Health is a not-for-profit healthcare network serving more than half a million people in the Piedmont Triad of North Carolina. Cone Health has more than 13,000 employees and more than 700 physicians, along with 1,800 partner physicians. The health system... Read More »
Breakthrough Properties Acquires Life Science Asset for $159 Million
On February 3, Breakthrough Properties announced that it acquired a three-building life science portfolio in Torrey Pines, California from Diversified Healthcare Trust (DHC). The 186,000-square-foot portfolio is called MUSE and is 49% leased, with a weighted average lease term of more than eight years. The price is roughly $855 per square foot. Breakthrough Properties, a joint venture of global developer Tishman Speyer and biotechnology investment firm Bellco Capital, is a life science real estate development company that leverages cross-sector collaboration to deliver environments that foster innovation and scientific breakthroughs. DHC is a real estate investment trust... Read More »
Exploring the MedSpa M&A Market: Trends, Drivers and 2025 Outlook
Medical spas, or MedSpas, are hybrid establishments combining the luxury of a traditional spa with medical-grade aesthetic procedures. As an intersection of health, beauty and medicine, MedSpas have seen a surge in popularity in recent years. As wellness and aesthetic care continue to gain prominence in the daily lives of millions, the medical spa sector has become a focal point for M&A, reflecting a robust market landscape poised for further growth. The MedSpa sector’s prominence was evident at various healthcare conferences attended by the LevinPro HC team in 2024. During McGuireWoods’ 17th Annual Healthcare Finance and Growth Conference in September 2024, Eugene Goldenberg of... Read More »
Vitalis Announces First Acquisition of 2025
Vitalis announced that it acquired a 33,000-square-foot ambulatory surgery center (ASC) in Lakeside, Arizona for $8.25 million. The transaction closed on January 31st, 2025. The ASC, Aspen Ridge Surgical and Medical Complex, also operates a medical outpatient building (MOB). The ASC is 100% leased to five tenants with approximately 6.5 years of weighted average lease term. The facility is anchored by Amsurg, Copa Health and Premier Mountain Imaging. The ASC is a joint venture between Amsurg and seven surgeons specializing in joint replacement, orthopedic, spine, podiatry and ear, nose and throat procedures. Copa Health is a regional health system with 500 employees and... Read More »
TriHealth Acquires Seven Hills Women’s Health Centers
TriHealth announced that it entered into an agreement to acquire Seven Hills Women’s Health Centers for an undisclosed price. Seven Hills Women’s Health Centers, also known as Axia Women’s Health, is an obstetrics and gynecology (OB/GYN) practice with 15 locations across Kentucky and Ohio. According to the original deal press release from January 30, 2025, the company has 22 providers on staff. Bethesda North Hospital and Good Samaritan Hospital joined together to form TriHealth in 1995, bringing together two Cincinnati-based health care organizations. Through these two acute care hospitals and more than 130 sites of care, TriHealth provides a wide range of clinical,... Read More »
ESJ Capital Partners Acquires Medical Outpatient Building Portfolio for $16 Million
On January 31, ESJ Capital Partners announced that it was acquiring a Pennsylvania-based medical outpatient building (MOB) portfolio for $16 million. The 152,310-square-foot, nine-building MOB portfolio is located in Langhorne, Pennsylvania. The portfolio is currently more than 70% leased to established medical tenants, among them Quest Diagnostics, DaVita, LabCorp and the American Red Cross. The purchase price for the MOB portfolio is approximately $105 per square foot. ESJ Capital Partners, founded in 2008, is a real estate investment firm with offices in Miami, Florida and Luxembourg, specializing in value-add opportunities across the United States. Offering a... Read More »
Sagility Acquires Arizona-Based BroadPath Healthcare Solutions
Westminster, Colorado-based Sagility announced its acquisition of BroadPath Healthcare Solutions, headquartered in Tucson, Arizona. The acquisition aligns with Sagility’s strategy to diversify its client base and add new capabilities to its services portfolio. BroadPath Healthcare Solutions is a healthcare-focused services company. BroadPath operates a work-from-home delivery model with more than 1600 employees located across the United States and Philippines. Its service portfolio includes member engagement, member acquisition, claims and appeals administration, provider enrollment and credentialing. Sagility is a leading provider of technology-enabled business process management... Read More »
Epiphany Dermatology Acquires Town Square Dermatology
On January 27, Epiphany Dermatology announced that it entered into an agreement to acquire Town Square Dermatology. Based in Coralville, Iowa, Town Square Dermatology provides the full spectrum of dermatological services. According to the press release, there are three providers on staff: Dr. Kristi Robson, Dr. Hobart Walling and Dr. Heather Ciliberto. Through its partnerships with dermatologists in 99 locations in 16 states, Epiphany Dermatology provides general dermatology, skin cancer care, MOHS surgery, cosmetic services and additional dermatologic services. Epiphany Dermatology is a portfolio company of New York City-based private equity firm CI Capital... Read More »Schedule a demo
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