Dermatology Deals Keep PE Platforms Growing

Dermatology Deals Keep PE Platforms Growing

by | Feb 22, 2018 1:44 pm | Physician Medical Groups, Private Equity

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 weeks of 2018, 17 deals for physician medical groups have been annouced, 10 in Janaury and seven in the first three weeks of February. The usual specialty practices were represented in that mix, with Mednax (NYSE: MD) adding a neonatology practice in California, Minnesota-based not-for-profit Fairview Health Services acquiring a... Read More »
Deal of the Week: Prelude Fertility/Vivere Health

Deal of the Week: Prelude Fertility/Vivere Health

by | Dec 18, 2017 5:32 pm | Laboratories, MRI & Dialysis, Private Equity

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 has partnered with fertility specialists to promote or establish their practices while removing the burdens of day-to-day management. It also has egg banking services and a mail-order pharmacy. Prelude Fertility is a reproductive science and technology company. It operates fertility treatment... Read More »

PE Firms Flock to Dermatology Deals

by | Mar 16, 2017 6:57 pm | Physician Medical Groups, Private Equity

Dermatology practices remain high on the list of healthcare sectors for private equity investors. Through mid-March, 2017, 12 deals targeting these practices have been announced by eight acquirers. All those acquirers are either private equity firms, or portfolio companies. Thanks to the private nature of these transactions, no financial terms have been publicly disclosed. Of the 17 dermatology deals announced in 2016, six acquirers were private equity firms and five were portfolio companies. Some big deals (even without disclosing prices) announced last year include Harvest Partners’ acquisition of Advanced Dermatology and Cosmetic Surgery from Audax Group, in May... Read More »