Ro Health Receives Strategic Growth Investment from LightBay Capital
Ro Health LLC announced on January 22 that it has partnered with and received a growth investment from Los Angeles-based LightBay Capital. The partnership will enable Ro Health to accelerate its geographic and service line expansion, pursue strategic acquisitions and partnerships and invest further in technology. Ro Health is a nationwide healthcare staffing and home health company based in Seattle, Washington. Ro Health supports K-12 school districts, delivering essential nursing and behavioral health services to students. LightBay Capital is a growth-focused private equity firm primarily focused on the healthcare, consumer and business services industries. LightBay invests across the... Read More »
Concentra Announces Agreement to Acquire Nova Medical Centers for $265 Million
Concentra Group Holdings Parent, Inc. announced that it has signed an agreement to acquire U.S. Occmed Holdings, doing business as Nova Medical Centers. The transaction values Nova Medical Centers at $265 million and is expected to close in the first quarter of 2025. Nova Medical Centers is an occupational health services company based in Houston, Texas. The company operates 67 centers in Texas, Georgia, Tennessee, Indiana and Wisconsin providing workers’ compensation injury care services, physical therapy, drug and alcohol screening and pre-employment physicals as part of its full suite of occupational health services. Concentra is a leading healthcare company focused on improving the... Read More »
Behind the Deal: PGP Advises on Unique Parallel ENT & Allergy Transaction
Physician Growth Partners (PGP), a sell-side healthcare investment banking firm dedicated to representing independent physician practices in transactions with private equity, announced that it advised on the acquisition of Allergy & Asthma Associates of Michigan by Parallel ENT & Allergy. Allergy & Asthma Associates of Michigan is an allergy practice with three locations in Michigan: Royal Oak, Sterling Heights and Livonia. According to its website, there are four physicians on staff, who are supported by a team of seven physician’s assistants. Launched in July 2022, Parallel ENT & Allergy Partners is backed by Trinity Hunt Partners, a growth-oriented... Read More »
Montecito Medical Acquires Urology-Focused MOB in Stockbridge, GA
Montecito Medical Real Estate, based in Nashville, Tennessee, announced that it has expanded its presence in Georgia with the purchase of a 32,853-square-foot medical outpatient building (MOB) in Stockbridge, Georgia, a southeast suburb of Atlanta. The recently opened MOB, which includes an ambulatory surgery center with two operating rooms, is 100% occupied by Urology of Greater Atlanta. Urology of Greater Atlanta is a market-dominant provider in its specialty and one of only three private urology practices in the Atlanta area with more than 10 physicians. The group operates five other locations throughout the Atlanta area. Montecito Medical specializes in healthcare-related real estate... Read More »
Tanvex BioPharma Completes Acquisition of CDMO Bora Biologics
Tanvex BioPharma, Inc. has announced the successful completion of its acquisition of Bora Biologics, based in Taiwan. Bora Biologics is a subsidiary of Bora Pharmaceuticals, a premier international contract development and manufacturing organization (CDMO) specializing in complex oral solid dose, liquids, semi-solids and nasal sprays for pharmaceutical Rx and OTC products. Bora Biologics provides end-to-end and tailored development and manufacturing services to biologics developers. Tanvex BioPharma, Inc. is a CDMO for biologics and a biosimilars products company. The company was founded in 2011 and is headquartered in Taiwan and San Diego, California. Following this acquisition,... Read More »
Iris Telehealth Expands Telepsychiatry Services With InnovaTel Acquisition
Iris Telehealth announced on January 21 the acquisition of InnovaTel, a division of Quartet Health. Financial terms of the deal were not disclosed. InnovaTel is a clinically-led mental health as a service platform dedicated to improving mental health outcomes for individuals and communities by providing timely access to a national network of qualified psychiatrists, psychiatric nurse practitioners and licensed clinical social workers. InnovaTel by Quartet Health is backed by private equity firm Canyon Healthcare Partners. Iris Telehealth helps healthcare organizations increase access to behavioral health care for their patients by providing the care models, clinicians, analytics and... Read More »
Levine Leichtman Capital Partners and Management Acquire Synergy HomeCare
Levine Leichtman Capital Partners (LLCP) announced that it has partnered with management to acquire Synergy HomeCare from NexPhase Capital, LP. Synergy HomeCare will continue to be run by the existing executive team led by CEO, Charlie Young. Synergy HomeCare is a provider of in-home care services to individuals of all ages with more than 240 franchises operating in approximately 550 territories across 42 states. The company provides a broad range of non-medical in-home services including personal care, companion care, memory care and specialized care for individuals living with physical or developmental disabilities, chronic health conditions or recovering from illness or surgery. Synergy... Read More »
U.S. Oral Surgery Management Announces First Acquisition of 2025
U.S. Oral Surgery Management (USOSM), a portfolio company of New York-based private equity firm Oak Hill Capital Partners, announced that it acquired Rollar Oral Surgery for an undisclosed price. Rollar Oral Surgery is an oral and maxillofacial surgery (OMS) practice located in Conway, South Carolina. According to its website, Dr. Thomas F. Rollar is the only physician on staff. USOSM is an Irving, Texas-based management services organization focused on OMS. The company was formed in 2017 and has partnered with surgeons across 28 states. Like all USOSM surgeon partners, Dr. Rollar will maintain full clinical autonomy throughout the partnership and receive an... Read More »
InTandem Capital Completes Strategic Investment in Healthfuse
InTandem Capital Partners, LLC, a healthcare services-focused private equity firm, announced that it has completed a strategic equity investment in Milwaukee, Wisconsin-based Healthfuse. Founded in 2011, Healthfuse combines proprietary technology, analytics and research to help hospitals build, operate and optimize their revenue cycle vendor management office and guarantees bottom-line improvement. Healthfuse has delivered more than $1.5 billion in bottom-line improvements for its clients, which includes a network of more than 350 hospitals nationwide. New York-based InTandem Capital Partners invests in and helps accelerate the growth of small to mid-sized companies in select healthcare... Read More »Schedule a demo
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