Abry Partners and The Riverside Company are selling North American Dental Group (NADG), concluding a four-year investment in the dental service organization (DSO). NADG operates in the United States, and its network includes more than 200 dental practices in 11 states and 23 regional markets. The buyer is Jacobs Holding AG, a global professional investment group that supports the […]
Buying dental practices has been a competitive sport for a few years now, especially among private equity firms. Eighteen deals for dental practices have been announced through July 20 this year (no prices, of course). In all of 2017, 30 deals for dental practices were announced, with the buyers either private equity firms getting in […]
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 […]
The recent crop of healthcare services platforms owned by New MainStream Capital is moving to the add-on stage. Last week brought two acquisition announcements from Omni Eye Services and CORDENTAL Group. Both companies were acquired in 2017. New MainStream committed $25 million in equity capital to buy CORDENTAL in March 2017. The Cincinnati-based company is […]
2017 was a busy year for healthcare mergers and acquisitions, with 1,566 transactions announced. At this early date, that total is 2% below the previous year’s total of 1,593 (a record year, by the way). Private equity firms contributed to that total, announcing 158 transactions, or 10% of the annual total, according to data obtained […]
Private equity firms are buying dermatology practices at a faster pace than in 2016.
Now that managed care giants are blocked from acquiring each other, they may look outside the sector for growth.
Healthcare deal volume got off to a good start in 2017 as January’s total reached 156 transactions.
Constellation Behavioral Health, LLC became the fourth healthcare services company in New MainStream Capital’s portfolio on May 19. Constellation joins Anne Arundel Dermatology, MCCI Medical Group and Suncrest Home Health. Based in Mill Valley, California, Constellation offers specialized inpatient and outpatient treatment programs for addiction, mental health and co-occurring behavioral health disorders. Founder and CEO William Morrison […]
Dermatology deals are popping up like, well, you can imagine. Five acquisitions have been announced in May 2016 alone, bringing this year’s total dermatology deals to nine, and equal to the number announced in all of 2014. Those nine deals put this year on track to surpass 2015’s total of 11 deals. Private equity firms […]