Alpaca Audiology Adds On

Alpaca Audiology Adds On

by | Aug 17, 2018 4:30 pm | Physician Medical Groups

You may not have heard that Thompson Street Capital Partners acquired a little business called Alpaca Audiology in June 2017. Ever since, the add-ons have been coming fast and thick. As M&A in specialty physician practices goes, dentists and dermatologists are the hot targets in 2018. Every now and then we find a urology or ENT practice changes hands. Audiology hasn’t cropped up in recent years, until now. Alpaca Audiology, based in Springfield, Missouri, consists of two business units: a portfolio of audiology clinics and a buying group/negotiating network for audiologist practices with free membership and benefits. Since Thompson Street took over, the company has announced five... Read More »
The Physician Medical Group Market Ramps Up

The Physician Medical Group Market Ramps Up

by | Jan 15, 2018 12:38 pm | Physician Medical Groups, Private Equity

The Physician Medical Group (PMG) space is consolidating at a torrid pace, and the pace won’t slacken in 2018. Last year, deals for physician practices hit a record in the 21st century with 166 transactions, up 27% over the previous year’s 131 transactions. The momentum is indeed continuing into 2018, with eight more acquisitions announced in the first two weeks. The real record was set in 1998, at 264 deals, but that was a very different time and market. Then, publicly traded management companies were building nationwide platforms of physicians. The market collapsed in 1999, and most of those transactions were unwound and the deal makers vowed, “Never again.” Welcome to 2018.... Read More »