PE-Backed Capitol Imaging Acquires Two Texas Radiology Groups

PE-Backed Capitol Imaging Acquires Two Texas Radiology Groups

Capitol Imaging, backed by private equity firm Clearview Capital, announced its acquisition of two radiology groups in Texas. The acquisitions include the Houston Premier Radiology Center and Alliance MRI. The two groups offer a range of diagnostic imaging services and combine to a total of 10 locations in the Houston MSA. Alliance MRI also has several locations in the San Antonio MSA. Metairie, Louisiana-based Capitol Imaging provides outpatient diagnostic services through more than 40 facilities across Louisiana, Texas, Alabama, Mississippi and Florida. It offers multi-modality capabilities including MRI, CT and mammography. According to the press release, Capitol Imaging and Clearview... Read More »
Healthcare Staffing Firms in Steady Demand

Healthcare Staffing Firms in Steady Demand

As healthcare companies and providers across the industry wrestle with staffing shortages and retention, staffing firms are looking to fill some of the gaps, thus driving M&A activity. According to our Deal Search Online database, there have been nine acquisitions focused on healthcare staffing firms so far this year, and that number will most likely grow. If a price had been disclosed, Medical Solutions’ takeover of C&A Industries, Inc. this month would surely be among the largest deals in this segment. Medical Solutions, a portfolio company of TPG Growth, specializes in placing registered nurses in temporary travel assignments throughout the country. The... Read More »
PE Firms Target Behavioral Health, Eating Disorder Programs

PE Firms Target Behavioral Health, Eating Disorder Programs

Behavioral health care has never been a particularly active sector, but deal volume has increased year-over-year between 2010 and 2016, growing 412% in that time. And there’s a good chance that 2017 will continue this trend. Through August 30, 32 behavioral health care deals have been announced, up 7% compared with the same period last year. So what else is going on this year? So far, we haven’t seen anything close to a mega-deal. The largest price tag this year was Care Capital Properties’ (NYSE: CCP) $380 million acquisition of the real estate assets of six behavioral health hospitals from Signature Healthcare Services LLC, dba Aurora Behavioral Health. This was the second... Read More »

Medical Staffing Companies Attract Private Investors

Labor shortages in the healthcare industry aren’t a new topic. Earlier this year, the Association of American Medical Colleges warned that the United States could lose as many as 100,000 doctors by 2025, up to one-third of those being primary care physicians. A shortage of registered nurses has been discussed since 1965, by one account. That makes the market for medical staffing companies of particular interest to investors. M&A activity in this subsector has grown in recent years, from a single deal in 2013 to eight deals in 2015. Through the end of October 2016, six deals targeting medical staffing companies are on the books. The majority of acquirers have been another staffing... Read More »