The Braff Group Advises Alegre Home Care in Affiliation with Transforming Age
Elder Care Alliance (ECA), a mission-driven nonprofit serving older adults across California and part of Transforming Age’s nonprofit network, announced on August 13 its affiliation with Alegre Home Care. The Braff Group, a mergers and acquisitions advisory firm specializing exclusively in healthcare services, served as the exclusive financial advisor for Alegre Home Care. The Pittsburgh-based firm was selected as Alegre’s advisor due to its extensive experience in California’s home care sector. Terms of the transaction were not disclosed. The strategic partnership marks Transforming Age’s entry into California’s home care market. It enhances ECA’s network, now supporting more than... Read More »Optum Buys Holston Medical Group in Tennessee
Optum has bought another physician group, this time in Tennessee. The UnitedHealth Group subsidiary acquired Holston Medical Group, a multi-specialty practice based in Kingsport, Tennessee. It provides primary care, pediatrics, women’s health, urgent care and outpatient diagnostic care services. The group has more than 70 locations in Northeast Tennessee and Southwest Virginia. According to its website, the practice employs more than 200 physicians. No terms were disclosed. This deal isn’t the first for Optum in the physician space; after all, Optum is one of the companies that spearheaded the trend of putting payor and provider under one umbrella. Its most recent deal was for... Read More »
Teladoc Health Acquires Telecare
Teladoc Health reported that it acquired Telecare for an undisclosed price. Telecare operates Australia’s leading virtual care clinic and provides software solutions to the healthcare sector. It has more than 300 virtual specialists in upwards of 30 specialties. It supports both GP-referred appointments as well as providing virtual care services to public hospitals across Australia, Telecare helps reduce patient wait times and increases access to specialty care. Teladoc Health manages digital health services such as telehealth, AI and analytics. The organization delivers care in 175 countries and in more than 30 languages, partnering with employers, health systems... Read More »
Great Hill Partners Acquires Blue Cloud Pediatric Surgery Centers From The Rise Fund
Great Hill Partners, based in Massachusetts, announced that it acquired Blue Cloud Pediatric Surgery Centers from TPG’s The Rise Fund. Blue Cloud Pediatric Surgery Centers is the largest operator of pediatric dental ambulatory surgery centers (ASCs) in the United States, with 15 facilities across six states serving more than 23,000 patients each year. Founded in 2011, it performs more pediatric dental surgeries per year than any other healthcare provider in the United States, primarily serving Medicaid and special needs patients. The company is based in Glen Rock, Pennsylvania. Great Hill Partners is a leading growth-oriented private equity firm. It targets investments of... Read More »
Carlyle to Buy Majority Stake in Knack Global
The Carlyle Group announced that it has signed an agreement to acquire a significant majority stake in Knack Global. Established in 2007, Knack Global is a comprehensive solution provider for revenue cycle management, technological and staffing solutions for healthcare providers. The company employs more than 3,800 healthcare experts with offices in India and the United States. The Carlyle Group is one of the world’s largest private equity firms. It manages more than $465 billion of assets under management, as of June 30, 2025. Carlyle employs more than 2,200 people in 29 offices across four continents. Knack’s current private equity underwriter owner is LKCM Headwater... Read More »
JAG Physical Therapy Expands With Huntington, New York Acquisition
JAG Physical Therapy announced on August 18 that it has expanded on Long Island with the acquisition of a practice in Huntington, New York. The target, Proactive Physical Therapy, offers specialized manual therapy, golf fitness and performance training designed to help golfers improve their swing and fitness and to treat injuries. The company offers hyperbaric oxygen therapy that supports and accelerates healing, reduces swelling and reduces time of recovery. JAG Physical Therapy provides physical and occupational therapy and rehabilitative care to patients and sports teams. The company has more than 170 locations throughout New York City, New Jersey, Westchester and Rockland counties,... Read More »
Cardinal Health Strikes $1.9 Billion Deal for Solaris Health
Cardinal Health, the global healthcare conglomerate, has made another large push into the healthcare provider space. On August 12, through its subsidiary The Specialty Alliance, Cardinal Health bought Solaris Health in a $1.9 billion deal, its fifth deal since the start of 2024. Solaris Health is one of the largest urology and management service organizations in the United States, with more member physicians than any other provider of urological and specialty services. Its physicians span 14 states (Colorado, Florida, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, New York, North Carolina, Ohio, Pennsylvania, South Carolina and Washington), with more than 750... Read More »
Southern Orthodontic Partners Acquires TC Orthodontics
Southern Orthodontic Partners (SOP), a portfolio company of Shore Capital Partners, announced on August 13 that it acquired TC Orthodontics. TC Orthodontics is based in seven locations in the Minneapolis MSA. According to its website, the practice is run by a team of seven orthodontists. Based in Nashville, Tennessee, SOP works with orthodontic practices to provide expertise in finance, marketing, recruiting, benefits and other practice administration to allow orthodontists to focus on patient care. This marks SOP’s third transaction of 2025. The financial terms were not disclosed. According to data in the LevinPro HC database, this transaction... Read More »
THL Partners Acquires Headlands Research
On August 14, THL Partners announced that it acquired Headlands Research from KKR & Co. Headlands Research is a globally integrated clinical trial site organization. With a multinational network of 21 clinical trial sites, Headlands Research has successfully completed more than 5,000 clinical trials. It is based in San Francisco, California. THL Partners is a private equity firm investing in middle-market growth companies exclusively within three sectors: healthcare, financial technology & services and technology & business solutions. Since 1974, THL has raised more than $35 billion of equity capital, invested in upwards of 170 companies and completed more than 600... Read More »Schedule a demo
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