PT Solutions Physical Therapy Acquires OrthoCarolina’s Physical Therapy Business
OrthoCarolina announced that it is selling its physical therapy business to PT Solutions. OrthoCarolina is one of the nation’s largest independently owned orthopedic practices, employing almost 300 physical therapists in 24 locations, mostly in the Charlotte, North Carolina MSA. Founded in 2003, PT Solutions offers an array of physical therapy services spanning outpatient, inpatient, and acute care settings. PT Solutions was acquired by private equity firm General Atlantic in 2022. The sale will boost the availability of physical therapy services for OrthoCarolina patients. Terms were not disclosed. According to data in the LevinPro HC database, this marks the fifth... Read More »
Optima Health Expands Occupational Health Services With BHSF Occupational Health Deal
Optima Health announced on January 16 that it has acquired BHSF Occupational Health for £1.4 million (approximately $1.7 million USD). The acquisition will expand Optima’s customer base and add 60 occupational health clinicians to its team. BHSF Occupational Health is a United Kingdom-based company specializing in preventing work-related illnesses and injuries, safeguarding workers from occupational hazards and promoting overall workplace health and safety. According to the original deal press release from January 16, the business generated £8.3 million (approximately $10.1 million USD) in revenue, £3 million (nearly $3.7 million USD) in gross profit and a pre-tax loss of £400,000... Read More »
Behind the Deal: Agenda Health Advises on Clear Path Home Care Sale to Avenues Home Care
Healthcare-focused M&A advisory firm Agenda Health announced that it has facilitated the sale of Clear Path Home Care to Avenues Home Care, a portfolio company of Capital Alignment Partners. The transaction was announced at the end of 2024. It marks a strategic expansion for Avenues, adding six new locations in Texas and broadening its reach to 14 locations across Texas, Tennessee and Georgia. The LevinPro HC team spoke with Alex Veach, Director of Transaction Services at Agenda Health, about the firm’s role in the deal and the broader trends shaping the home care M&A landscape. Based in Denton, Texas, Clear Path Home Care is a family owned company dedicated to providing... Read More »
St. Mary’s Healthcare Acquires Neena Rao Family Health Center
Amsterdam, New York-based St. Mary’s Healthcare announced that it entered into an agreement to acquire Neena Rao Family Health Center. Neena Rao Family Health Center is a primary care practice with one location in Amsterdam, New York. According to its website, there are two physicians on staff: Dr. Govind C. Roa and Robert Bielawa. St. Mary’s Healthcare offers a continuum of services designed to fulfill the total healthcare needs of the community, focusing on offering care at the lowest cost. In addition to its 143-bed hospital, a 160-bed nursing home and a 10-bed acute rehabilitation unit, St. Mary’s provides highly accessible healthcare through its... Read More »
Montecito Medical Real Estate Acquires Roseville, California Medical Outpatient Building
Montecito Medical Real Estate, based in Nashville, Tennessee, announced that it has expanded its presence in California with the purchase of a Roseville, California medical outpatient building (MOB) for $9.2 million. The 25,000-square-foot MOB is fully leased to Sutter Health. The purchase price is roughly $368 per square foot. The facility was previously leased to UC Davis Medical Group, but Sutter plans to fully occupy the space in the first quarter of 2025. The building last sold in 2008 for $7.6 million. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions involving more than $5 billion in... Read More »
Capitol Imaging Buys 7 Imaging Centers in Houston MSA
Capitol Imaging announced that it is acquiring DRH & Associates Inc., which does business as Houston MRI & Diagnostic Imaging. Houston MRI & Diagnostic Imaging operates seven outpatient imaging centers in the Houston MSA. It was founded in 1997. Capitol Imaging, backed by Connecticut-based private equity firm Clearview Capital, provides outpatient diagnostic services through more than 48 facilities across Texas, Louisiana, Alabama, Mississippi and Florida. It offers multi-modality capabilities including MRI, CT and mammography, among other services. Capitol Imaging will continue to seek add-on imaging center acquisitions in the Southeast and Gulf South with a preference for... Read More »
New Mountain Capital Makes Growth Investment in Access Healthcare
Dallas, Texas-based Access Healthcare has announced a strategic investment from affiliates of private equity firm New Mountain Capital. This investment will support Access Healthcare’s next phase of growth, focusing on advancing its capabilities in artificial intelligence, workflow automation, product development and expanding into new markets. Access Healthcare is a technology-enabled revenue cycle management (RCM) platform that helps healthcare providers and stakeholders reduce costs by improving operations across the front-end, mid-cycle and back-end of the revenue cycle. The company was founded in 2011. New Mountain Capital is a growth-oriented investment firm with more than $55... Read More »
Montagu Acquires Tyber Medical
Montagu Private Equity announced on January 14 the acquisition of Tyber Medical for an undisclosed price. With this transaction, Montagu will merge Tyber Medical with its portfolio companies Intech and Resolve Surgical Technologies to create a new platform. Tyber Medical is an orthopedic medical device manufacturer providing rapid access to FDA-cleared and CE-marked private label, regulatory-approved orthopedic implants for the spinal, extremity and trauma markets. Since it was founded in 2012, the company has released more than 50 spine, extremity and trauma systems. Montagu Private Equity is one of Europe’s leading private equity firms, with assets under... Read More »
Takara Bio USA Holdings Acquires Curio Bioscience
On January 15, Takara Bio USA Holdings Inc., a wholly owned subsidiary of Takara Bio Inc., announced that it acquired Curio Bioscience. Curio Bioscience is a biotechnology company that is advancing a new generation of high-precision tools for the life sciences industry. The company has developed spatial biology capabilities to map the whole transcriptome at high resolution using existing sequencing workflows and instrumentation. Takara Bio USA Holdings Inc. manufactures and distributes kits, reagents and instruments for the life sciences, including next-generation sequencing, gene delivery, genome editing, stem cell research, nucleic acid and protein purification and... Read More »Schedule a demo
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