Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40

Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
Bain Capital Acquires HealthEdge: Private Equity Giant Expands Healthcare IT Portfolio

Bain Capital Acquires HealthEdge: Private Equity Giant Expands Healthcare IT Portfolio

Bain Capital has agreed to acquire HealthEdge, a healthcare IT solutions provider, from Blackstone. The transaction, announced on April 8, 2025, is expected to close during the second quarter of 2025, subject to customary closing conditions. The deal is valued at approximately $2.6 billion including debt, representing a 30x multiple of HealthEdge’s $86 million EBITDA. This acquisition aligns with Bain Capital’s strategic focus on healthcare IT investments and marks a successful exit for Blackstone, which acquired HealthEdge in 2020 for approximately $700 million. About HealthEdge HealthEdge provides healthcare IT solutions, including Core Administrative Processing Systems... Read More »

Alliance Consolidated Group of Companies Acquires Delray Beach MOB

Alliance Consolidated Group of Companies has acquired a 16,761-square-foot medical outpatient building (MOB) in Delray Beach, Florida for $9.67 million. The transaction, which closed at approximately $577 per square foot, represents Alliance’s strategic expansion into the Florida healthcare real estate market. The deal was announced on April 8, 2025. Alliance Consolidated Group of Companies, founded in 1995, is a private real estate investment firm specializing in net-leased medical buildings with in-house management capabilities. The MOB is located at 6646 West Atlantic Avenue in Delray Beach, Florida. The 16,761-square-foot facility traded for $576.93 per square foot. The property... Read More »
Straine Dental Management Expands into 15th State 

Straine Dental Management Expands into 15th State 

Straine Dental Management (SDM) announced that it expanded into its 15th state with the acquisition of SmileArts Dental. The terms of the deal were not disclosed.  SmileArts Dental has two locations in Oklahoma: Yukon and Oklahoma City. According to its website, there are two physicians on staff.  SDM is a dentist-owned, dentist-led dental services organization based in Sacramento, California. SDM has more than 35 affiliated practices.  This marks SDM’s third acquisition of 2025. Previously, the company purchased practices in Arizona, South Carolina, Texas and Missouri.   According to data captured in the LevinPro HC database, this marks the 115th Physician Medical... Read More »
Marubeni Acquires Sumitomo’s Asia Pharma Business for $300 Million 

Marubeni Acquires Sumitomo’s Asia Pharma Business for $300 Million 

On April 2, Marubeni Corporation announced that it was purchasing a stake in the Asian pharmaceutical business of Sumitomo.  Marubeni is purchasing a 60% stake for ¥45 billion ($300 million). After 2029, Marubeni can take on the remaining 40% stake from Sumitomo for some ¥27 billion ($180 million). There is a total enterprise value of ¥72 billion ($480 million). A purchase price of $500 million represents the 100% stake of the company.  Sumitomo is a biopharmaceutical company focused on delivering therapeutic and scientific breakthroughs in areas of critical patient need in oncology, urology, women’s health, rare disease, cell and gene therapies and psychiatry and neurology.... Read More »
Deal of the Week: Aveanna Healthcare Holdings Buys Pediatric Home Care Provider

Deal of the Week: Aveanna Healthcare Holdings Buys Pediatric Home Care Provider

Aveanna Healthcare kicked off April with a new acquisition announcement. The Atlanta, Georgia-based company announced on April 3 that it entered into an agreement to acquire Thrive Skilled Pediatric Care (Thrive SPC) in Wakefield, Massachusetts. Thrive SPC provides clinical home care to medically fragile children. Thrive SPC operates 23 locations across Arizona, Georgia, Kansas, New Mexico, North Carolina, Virginia and Texas, primarily offering private duty nursing services along with pediatric therapy, licensed health aide services and certified nurse assistant services. Aveanna Healthcare, a portfolio company of Bain Capital and J.H. Whitney Capital Partners, is one of the largest... Read More »
H.I.G. Capital Completes GetixHealth Acquisition

H.I.G. Capital Completes GetixHealth Acquisition

An affiliate of H.I.G. Capital announced on April 7 that it has completed a strategic investment in GetixHealth. GetixHealth is a Texas-based provider of revenue cycle management (RCM) solutions to healthcare providers, featuring a comprehensive suite of services that includes patient responsibility management, eligibility and enrollment, third-party claims resolution, patient access and insurance billing. The company was founded in 1992. Trivest Partners, a Florida-based private equity firm, acquired GetixHealth in March 2015. H.I.G. Capital is a global private equity and alternative assets investment firm with $68 billion in capital under management. Since its founding in 1993, H.I.G.... Read More »

The Osiris Group Affiliates Multiple Facilities Across Alaska’s Healthcare Sector

By LevinPro HC In the hospice sector in Alaska, The Osiris Group holds a notable presence with a diversified affiliate structure across state healthcare facilities. Based on the latest CMS data, the organization affiliates itself with four facilities in Alaska, demonstrating a strategic presence particularly concentrated in the skilled nursing, home health, and hospice sectors. The ownership breakdown for The Osiris Group reveals a majority stake in its holdings, with full ownership in one facility and shared ownership structures in others. Specifically, there are two facilities with an ownership interest between 50% and 100%, and another two with an ownership interest between 5% and 50%.... Read More »
Straine Dental Management Expands into 15th State 

MB2 Dental Acquires 4 Dental Practices 

On March 28, MB2 Dental Solutions announced four additional acquisitions that it completed in March.  Based in New York City, 80 Park Avenue is a dental practice run by two dentists.  Clear Creek Dentistry is a practice with one location in Silverdale, Washington. There are two physicians on staff, who are supported by a team of 13 employees.  Smith & Co Dental Practitioners is a family dentistry office with one location in Bel Air, Maryland. According to its website, the practice is run by two physicians, who are aided by a staff of four.  Solana Beach, California-based Del Mar Family Dentistry is a dental practice run by four physicians.    MB2... Read More »
TM Medical Properties Acquires Georgia Medical Outpatient Building Portfolio 

TM Medical Properties Acquires Georgia Medical Outpatient Building Portfolio 

On March 31, Brown Gibbons Lang & Company announced the sale of a Dermatology Associates of Georgia (DAG) medical outpatient building (MOB) portfolio. The buyer was TM Medical Properties, LLC.  The DAG portfolio has locations in Decatur, Suwanee and Monroe, Georgia. DAG offers a full range of medical, surgical, and cosmetic dermatology services. With four locations throughout the Atlanta metropolitan area, the group’s nine physicians specialize in medical procedures, including mole checks, skin cancer screenings and removals and Mohs micrographic surgery. In total, the portfolio comprises 26,277 square feet.   TM Medical Properties was formed in 2016 as the general... Read More »
Active Day Acquires Home Care Providers in South Carolina

Active Day Acquires Home Care Providers in South Carolina

Active Day announced that it has acquired two home care services providers in South Carolina. The company has acquired AllCaregivers, Inc. and New Generations Home Care of Florence, Inc. AllCaregivers has been providing home care throughout South Carolina since 1986. Its community-based caregivers specialize in providing families with many types of affordable assistance, including activities of daily living and skilled nursing. New Generations Home Care of Florence, Inc. is a home care provider in the Florence, South Carolina area. The company was founded in 2020. Active Day (fka Active Day/Senior Care Centers of America), a portfolio company of Audax Private Equity since 2015, provides... Read More »