Schweiger Dermatology Group, a portfolio company of LLR Partners, is expanding out of its Northeast stronghold with an acquisition of a physician medical group in Pennsylvania. Dermatology & Skin Surgery Center will become a member of the company following the deal and adds 10 physicians to Schweiger’s network. The target physician group provides dermatologic treatments and […]
Learn Behavioral, formerly Learn-It Systems, has a new owner. Gryphon Investors acquired a majority stake in the behavioral health company from LLR Partners in mid-March. Financial terms weren’t disclosed, of course, but the deal wasn’t cheap. This is Gryphon’s first investment in the Behavioral Health Care space. LLR put the company up for sale in late October […]
Autism disorders are big business these days, as private equity firms flock to the subsector. More than 40 deals targeting all manner of autism services have been announced since the beginning of 2014. Of those, 17 were direct investments by firms such as Frazier Healthcare Partners (August 2018) and Pharos Capital Group (November 2018) and […]
Audax Private Equity and LLR Partners have exited their jointly held rehab company, Numotion, which has been a major player in consolidating the complex rehabilitation technology (CRT) market. AEA Investors is the new owner. The target provides complex rehabilitation technology (CRT), including manual and power wheelchairs designed to meet the unique medical and functional needs […]
With three acquisitions made, Philadelphia, Pennsylvania-based LLR Partners has formed Eye Health America, a practice management services organization initially focused on eye care practices in the southeastern United States. The three founding practices are Clemson Eye in Clemson, South Carolina; The Eye Associates with six clinics in and around Bradenton, Florida; and Piedmont Surgery Center, an AAAHC-accredited […]
The Physician Medical Group sector has been very busy in recent years, as hospitals and health systems acquire local practices that can produce referrals and private equity firms build platforms and make add-on deals. Dermatology practices aren’t coveted by hospitals, so it’s the private equity firms that are doing the collecting. In the first eight […]
Two fertility clinics are banking on growth through acquisitions. At least, their investors are. Miami, Florida-based Prelude Fertility last week announced its acquisition of Vivere Health, LLC, a portfolio company of LLR Partners. Franklin, Tennessee-based Vivere operates fertility practices and labs in partnership with fertility specialists in nine U.S. markets. Since its founding in 2010, it […]
Private equity firms are buying dermatology practices at a faster pace than in 2016.