Global Healthcare Advisors’ M&A Database


Our proprietary platform provides market intelligence on M&A deals, notable developments and regulatory changes pertinent to our clients.

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Showing results 1 through 50 of 15359

Website
Vertical
Category
QTR
Year
Summary
Dermatology
Deal
Q3
2021
Pinnacle Dermatology, a leader in population skin health management, has acquired Chappell Rosso Dermatology and Laser & Aesthetic Center in Odessa, Texas. This acquisition is Pinnacle Dermatology’s first acquisition in the state of Texas and an opportunity to further its mission and commitment to population skin health management by providing residents of the Permian Basin area of Texas access to comprehensive, patient-centered dermatologic care.
Primary Care
Deal
Q3
2021
Concentra®, the nation’s leader in occupational medicine, today announced the acquisition of Irwindale Industrial Clinic at 15768 Arrow Highway, Irwindale, California 91706. As part of this acquisition, Irwindale Industrial Clinic will become Concentra Irwindale Arrow Highway. Work injury care, physical therapy, and other employer-related health services will continue to be provided at Concentra Irwindale Arrow Highway. In addition to these services, telemedicine will be available for minor work injuries, rechecks, and more.
Home Health & Hospice
Deal
Q3
2021
NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a home health care organization ranked #2 on the 2020 Report on Business ranking of Canada’s Top Growing Companies, is pleased to announce that it has completed the acquisition of an Oklahoma home care business. The execution of the definitive agreement and related information pertaining to this acquisition was previously announced on August 4, 2021.
Animal Health
Deal
Q3
2021
People, Pets & Vets is excited to welcome its 3rd hospital in the greater Houston area. Brittmoore Animal Hospital was originally founded in 1968, and Dr. Matthew Dikeman and Dr. Kit Kampschmidt became owners of the practice in the early 90’s. Together, they have made Brittmoore one of the most established and well-known practices in the Houston area.
Pharmaceuticals & Life Sciences
Deal
Q3
2021
Delic Holdings Corp ("Delic" or the "Company") (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), the leading psychedelic wellness platform today announced it has entered into a binding merger agreement (the "Merger Agreement") with Ketamine Wellness Centers Arizona LLC ("KWC"). KWC is a limited liability corporation formed under the laws of Arizona, which operates 10 ketamine infusion treatment clinics, across Arizona, Colorado, Florida, Illinois, Minnesota, Nevada, Texas, and Washington. KWC is the largest national chain of ketamine infusion clinics in the United States and will add to Delic's existing portfolio of two clinics operated by Ketamine Infusion Centers in California and Arizona.
Pharmaceutical Services
Deal
Q3
2021
PerkinElmer, Inc. (NYSE: PKI) a global leader committed to innovating for a healthier world, announced Friday it has completed its acquisition of BioLegend, a leading, worldwide provider of life science antibodies and reagents for a total consideration of approximately $5.25 billion. The acquisition, the largest in PerkinElmer’s history, further expands the Company’s life science franchise into high-growth areas such as cytometry, proteogenomics, multiplex assays, recombinant proteins, magnetic cell separation and bioprocessing.
Medical Devices
Deal
Q3
2021
Precision Coating, a leading medical coatings service provider to interventional, orthopedic, and advanced surgical markets, is pleased to announce a merger with N2 Biomedical, a Bedford, MA-based company. N2 Biomedical, an Ampersand Capital Partners portfolio company, provides nano-engineered surface treatment and coating services to the medical device industry with its low-temperature Ion Implantation Surface Treatments and Ion Beam Assisted Deposition (IBAD) technologies.
Healthcare Investors / Advisors, Home Health & Hospice
Notable Developments
Q3
2021
Private equity investors remain bullish on hospice with no signs of slowing down. However, with a number of high-profile transactions completed or in the works during 2020 and 2021, the number of hospices of scale that are likely to come to market is dwindling. During the next few years, PE firms will likely fix their eyes on smaller operations in what remains a highly fragmented industry.
Home Health & Hospice, Skilled Nursing Facilities
Notable Developments
Q3
2021
Roughly 94% of Medicare beneficiaries want to receive post-acute care in the home rather than a skilled nursing facility, according to results of a Morning Consult poll. The poll was conducted on behalf of the Partnership for Quality Home Healthcare (PQHH), along with the National Association for Home Care & Hospice (NAHC). That’s more than nine in 10 beneficiaries, with only 3% opting for a nursing home for post-hospital, short-term health care. The poll found 85% believe Medicare expansion for at-home health care should be a “high priority,” in order to accomodate a shift in public preference.
Digital Health, IT, & Software
Notable Developments
Q3
2021
Healthcare offers the challenge and opportunity that big tech companies relish: It’s an industry as profitable as it is antiquated. Amazon is one of the tech giants making major inroads in healthcare, and the company is using a multi-pronged approach to transform the industry. Though each new move has generated headlines, disruption in healthcare doesn’t happen overnight. But the company’s latest foray may be its most tangible and potentially transformative. According to recent reports, Amazon plans to dramatically scale up its direct-care delivery service, Amazon Care.
Pharmacy Benefit Managers (PBMs)
Notable Developments
Q3
2021
The three-day 2021 Annual National Conference of the Pharmacy Benefit Management Institute® last week featured more than a dozen speakers discussing everything from interoperability to digital therapeutics to preparations for switching PBMs to the COVID-19 pandemic. Here are six takeaways from the meeting.
Digital Health, IT, & Software
Notable Developments
Q3
2021
A total of 136 digital health companies were acquired in the first half (1H) of 2021, compared to 83 in 1H 2020, a 64% increase in year-over-year M&A activity, according to the latest Mercom Digital Health Funding and M&A Report. Telemedicine companies led M&A activity with 25 transactions, followed by Practice Management Solutions providers with 20 transactions. mHealth Apps, Data Analytics, and Clinical Decision Support companies were involved in 10 transactions each. Nine Digital Wellness companies were also acquired.
Industry Trends
Notable Developments
Q3
2021
A new study ties the COVID-19 pandemic to an “alarming” increase in obesity in U.S. children and teenagers. Childhood obesity has been increasing for decades, but the new work suggests an acceleration last year — especially in those who already were obese when the pandemic started. The results signal a “profound increase in weight gain for kids” and are “substantial and alarming,” said one of the study’s authors, Dr. Alyson Goodman of the Centers for Disease Control and Prevention.
Industry Trends
Regulatory
Q3
2021
On October 1, 2021, Nevada will join a handful of states that are actively seeking to monitor the growth and impact of health care transactions in their states, and will also designate specific contracting practices viewed as anticompetitive as unfair trade practices. Nevada’s Senate Bill 329 (SB 329) and Assembly Bill 47 (AB 47) will significantly impact provider contracting and business operations for hospitals and physician group practices in the state. Specifically, SB 329 will require hospitals and physician groups to notify the Nevada Department of Health and Human Services (DHHS) of specific changes of ownership, management agreements, or similar transactions.
Eye Care
Deal
Q3
2021
US Eye has expanded into North Carolina with the addition of Albemarle Eye Center and Precision Eye Care (AEC-PEC) to its network. AEC-PEC is a comprehensive ophthalmology practice offering LASIK, laser cataract surgery, glaucoma treatment, comprehensive eye exams and oculoplastic services. The practice is led by Dr. Jitendra Swarup, cataract surgeon, and he is joined by two ophthalmologists and five optometrists in the practice’s six locations. US Eye is a physician-led network of patient-centric practices. The addition of Albemarle Eye Center and Precision Eye Care bring the total number of US Eye practice locations to 50 across the United States.
Eye Care
Deal
Q3
2021
Griffey Eye Care and Laser Center, in addition to its affiliated surgical facility, the Center for Visual Surgical Excellence, has joined the US Eye network of premium eye care practices. Griffey Eye Care and Laser Center was founded by Dr. Paul Griffey and Dr. Leland Whitlock in 2003, and they were later joined by ophthalmologist Dr. Peter Mitrev and optometric physician, Dr. Robert Fox. The Center for Visual Surgical Excellence was launched by Dr. Griffey in 2020 through a partnership with Dr. Jitendra Swarup of Albemarle Eye Center, located in northern North Carolina, to better serve the community’s surgical eye care needs.
Eye Care
Deal
Q3
2021
Sungate Cataract, LASIK and Vision Center, one of the Lowcountry’s leading multi-specialty ophthalmology groups, has partnered with US Eye. Through the US Eye partnership, Sungate will be affiliated with Carolina Eyecare Physicians, a multi-specialty, multi-location ophthalmology practice based out of Charleston, SC. US Eye is owned by its partner practices and is backed by Pamlico Capital, a Charlotte, North Carolina-based firm investing in founder-owned businesses for over 30 years.
Eye Care
Deal
Q3
2021
Retina Consultants of America (“RCA”), a comprehensive physician management services organization, welcomes Rockland Retina to its growing consortium of leading retina specialists across the United States. With the addition of Rockland Retina, RCA adds a key partner in the New York City area and a regional partner to Vitreoretinal Consultants of Long Island. “Vitreoretinal Consultants of New York is pleased to announce its expansion by way of partnership with Dr. Louis Maisel at Rockland Retina. Partnership with Dr. Maisel broadens VRC’s state-of-the-art retina care and clinical research studies to the patients and eyecare professionals of Rockland County,” said Brett Rosenblatt, MD, Vitreoretinal Consultants.
Home Health & Hospice
Deal
Q3
2021
Care Hospice has purchased the assets of Tennessee-based nonprofit Hospice of Chattanooga and its parent organization, Alleo Health System. As a result of the transaction, Chattanooga and Alleo will transition to for-profit status. Alleo and its affiliates care for patients in Tennessee, Georgiaaa, North Carolina and Alabama. The organization was established in 2019 when Hospice of Chattanooga reorganized as a larger multi-state provider, retaining its original brand as an Alleo subsidiary. The Care Hospice transaction did not include Hospice of Chattanooga’s philanthropic foundation.
Hospitals & Health Systems
Deal
Q3
2021
Affinity Health Partners (“Affinity”), a diversified healthcare company based in Plano, Texas, owned and managed by Frank Avignone, announced today its acquisition of the Martin General Hospital in Williamston, North Carolina. The anticipated close date is December 1, 2021. Affinity manages a network of rural critical access hospitals, primary care facilities, and outpatient clinics. Joining this network will increase the continuum of care for its facilities and bring new capabilities as a rural health clinically integrated network in Martin County and surrounding areas.
Healthcare Transportation
Deal
Q3
2021
Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered global air mobility platform, today announced the completion of the previously announced transaction to acquire Trinity Air Medical, Inc. (“Trinity”), a nationwide, multi-modal organ logistics and transportation company. Blade has purchased 100% of the capital stock of Trinity—which generated revenues of approximately $16 million in calendar year 2020—for an upfront purchase price of approximately $23 million and potential additional contingent consideration based on the achievement by Trinity of certain EBITDA growth targets over a three-year period, subject to customary purchase price adjustments.
Digital Health, IT, & Software
Deal
Q3
2021
Hinge Health, the world’s #1 Digital Musculoskeletal Clinic™, has acquired wrnch, developer of the leading computer vision platform for measuring human motion. wrnch’s three-dimensional motion-tracking technology enables the same precise tracking of full-body movement used by elite athletes and the motion picture industry. Hinge Health now has the largest computer vision team in digital health. Movement-tracking technologies, such as computer vision and motion sensors, enable Hinge Health’s clinical care team to deliver the most responsive and personalized whole-body approach to MSK care, improving outcomes and member experience while reducing costs.
Pharmaceuticals & Life Sciences
Deal
Q3
2021
Enveric Biosciences (NASDAQ: ENVB) ("Enveric" or the "Company"), a patient-centric biotechnology company developing novel cannabinoid medicines to improve quality of life for cancer patients, today announced the closing of its acquisition of MagicMed Industries Inc. ("MagicMed"), a privately-held biotechnology company focused on creating a library of novel derivative psychedelic molecules such as psilocybin, N,N-dimethyltryptamine (DMT) and other molecular derivatives with applications across multiple indications, in an all-stock transaction.
Primary Care
Deal
Q3
2021
Forum Health, LLC, nationwide provider of integrative and functional medicine, has acquired a new practice, the Center for Health and Healing located in Wheaton, IL. The Center for Health and Healing, which will be known as Forum Health Wheaton, is a functional medicine practice led by Dr. Fred Schultz and has been serving the Wheaton area since 1997. Dr. Schultz is a family physician of 41 years; he feels honored to serve his patients by using a personalized functional medicine approach for the last 24 years. As part of adding this new practice to its nationwide network, Dr. Fred Schultz and Forum Health have welcomed Jessica Montalvo MD, IFMCP as a provider and plan to open a new IV center at this location.
Healthcare Real Estate
Deal
Q3
2021
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $4.7 billion in portfolio assets announced Thursday the acquisition of 9101 Stony Point Drive, an 87,000-square-foot, world-class, medical office building in Richmond, Virginia. This recently constructed, mission-critical property is net-leased on a long-term basis as a premier outpatient facility and headquarters for Virginia Urology, the leading urology practice in central Virginia. The purchase price was approximately $52 million.
Primary Care
Notable Developments
Q3
2021
Retailers such as CVS Health and Walgreens Boots Alliance may force traditional providers to rethink the way they deliver healthcare. The drugstores ramped up care during the heart of the COVID-19 pandemic, often providing more convenient and less costly alternatives. “Traditional providers have to think like retail providers going forward: convenient, transparent and cost-effective,” says Arielle Trzcinski, a principal healthcare analyst at Forrester, a research and advisory company. The retail clinics tend to be less expensive for consumers than traditional providers and urgent care centers, Trzcinski notes, and the walk-in access is an advantage over having to schedule an appointment.
Dental
Notable Developments
Q3
2021
A quarter of dentists nationwide offer memberships, according to a 2021 survey of 70,000 dentists by the American Dental Association. These in-office plans are largely targeted to the 65 million Americans who lack dental insurance and have to pay out-of-pocket for all their care. Dentists also like the plans better than handling insurance plans because they don’t have to deal with insurers’ heavily discounted reimbursement rates, waits to get preapprovals to provide services and delays in getting their claims paid. Lack of dental coverage contributes to the delaying or forgoing of dental care by 1 in 4 adults, according to a KFF analysis of a 2019 national survey.
Pharmaceutical Services
Notable Developments
Q3
2021
Biomanufacturing is an active area of investment by CDMOs with several large expansions by Samsung Biologics, Fujifilm Diosynth, Boehringer Ingelheim, and Lonza. Other CDMOs (Catalent, Thermo Fisher, WuXi AppTec, AGC Biologics, and others) also are expanding, including in cell- and gene-therapy manufacturing. What’s the latest?
Skilled Nursing Facilities
Notable Developments
Q3
2021
The Centers for Medicare and Medicaid Services (CMS) has made headway separating metrics changes in the past year-and-a-half, tying some to the pandemic and others to implementation of the Patient-Driven Payment Model (PDPM). John Kane, technical advisor and SNF payment team lead for CMS, helped the skilled nursing industry better understand the impacts of PDPM during a presentation at the SimpleLTC 2021 Virtual Symposium Wednesday. Therapy minutes, depression coding, stays with infection isolation and long-term care nursing home stays were the four major metrics Kane discussed during the presentation, attributing the first two to PDPM implementation and the last two to the pandemic.
Hospitals & Health Systems
Notable Developments
Q3
2021
Intermountain Healthcare and SCL Health signed a letter of intent to merge, the not-for-profit health systems announced Thursday. The combined $11 billion health system would operate 33 hospitals, run 385 clinics and employ 58,000 caregivers across six states. Their service areas do not overlap, and the deal shouldn't trigger any traditional antitrust concerns around hospital mergers, Intermountain CEO Dr. Marc Harrison said in a conference call with reporters.
Digital Health, IT, & Software, Medical Devices
Notable Developments
Q3
2021
Baxter CEO Joe Almeida on Sept. 2 told investors his company's decision to buy Hillrom was an effort to expand into connected care products, whose adoption in healthcare has been accelerated by the COVID-19 pandemic enabling patients to access to hospital-level care at home. MedTech Dive spoke with Hillrom's Trey Lauderdale, vice president and general manager of care communications, who credits Hillrom CEO John Groetelaars, who took the helm in 2018, with moving the company from its low-tech hospital equipment to its current innovative portfolio of connected care products.
Physical Therapy & Outpatient Rehabilitation
Deal
Q3
2021
Ivy Rehab Network, ("Ivy") a national leader in outpatient musculoskeletal rehabilitative services, is proud to announce its largest partnership to date with Excel Physical Therapy. This partnership expands Ivy's market-leading footprint to 73 locations in the greater Philadelphia market, and over 300 locations nationwide. Excel Physical Therapy, comprised of 36 clinics in the greater Philadelphia area, is known for its customer service-oriented approach and dedication to clinical excellence. Since opening in 1990, Excel has provided effective manual therapy treatment through hands-on, individualized care by licensed physical therapists.
Eye Care, Surgical Centers & Facilities
Deal
Q3
2021
Vision Innovation Partners, a leading eye care platform, today announced that it has acquired Ophthalmic Associates, a provider of integrated eye care services with five locations in Western Pennsylvania. The acquisition enhances Vision Innovation Partners’ significant presence in Pennsylvania and further strengthens its growing network of ophthalmology practices and ambulatory surgery centers in the Mid-Atlantic region. “Ophthalmic Associates’ longstanding reputation, accomplished team members and commitment to high quality clinical care makes them a perfect partner for our growing platform,” said Vision Innovation Partners Chief Executive Officer Michael Dunn.
Dental
Deal
Q3
2021
U.S. Oral Surgery Management (USOSM) – a specialty management services company that exclusively serves premier oral and maxillofacial surgeons – is pleased to announce a partnership with Hilton Head Oral & Maxillofacial Surgery, which has locations in Hilton Head and Bluffton, South Carolina. “The Hilton Head Oral & Maxillofacial Surgery team is led by Dr. Brian Low, an exceptionally skilled, experienced and compassionate oral and maxillofacial surgeon. His team is well known in the Hilton Head and Bluffton communities for their dedication to patient care and clinical excellence, values that we look for in all of our partner practices,” said Richard Hall, USOSM president and CEO.
Primary Care
Deal
Q3
2021
ChenMed, a leading provider of primary care to Medicare-eligible seniors, has expanded its operations in Columbus with the acquisition of Charles Kistler, D.O.'s internal medicine practice, Midtowne Family Practice. Dr. Kistler's patients will be served from ChenMed's Dedicated Senior Medical Center location in the West Broad neighborhood. With more than 80 medical centers in 12 states, ChenMed offers a full range of primary care services to seniors, from preventive care to diagnostic services and management of chronic diseases.
Diagnostics
Deal
Q3
2021
Apex Physics Partners, the largest outsourced medical physics services company in North America, announced Wednesday a new partnership with INphysics, Indiana’s market leader for therapy medical physics and dosimetry services. INphysics will complement Apex’s existing diagnostic medical physics footprint, having partnered with Advanced Medical Physics and its leader Will Breeden earlier this year. Based in Indianapolis, INphysics is a multidisciplinary consulting firm offering radiation therapy medical physics and dosimetry services to leading hospital systems and cancer centers throughout Indiana and the United States.
Digital Health, IT, & Software
Deal
Q3
2021
Invenshure announced Wednesday that Flywheel has acquired Radiologics. Together, the two companies, now operating as Flywheel, offer the only biomedical research platform capable of connecting any organization or data set across life sciences, academia, clinical, and medical AI. Founded by Invenshure in partnership with Dr. Brian Wandell and Gunnar Schaefer out of Stanford, Flywheel is a Minneapolis-based company providing a data management platform for biomedical research.
Pharmaceutical Services
Deal
Q3
2021
Leading healthcare investors Avista Capital Partners ("Avista Capital") and Nordic Capital (through Nordic Capital CV1) today announced that they have entered into a definitive agreement to sell Acino ("Acino" or "the Company"), a Swiss pharmaceutical company headquartered in Zurich with a global platform that promotes affordable healthcare in key emerging markets through contract manufacturing and out-licensing. The acquirer, ADQ is one of the region's largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi's diversified economy.
Pharmaceutical Services
Deal
Q3
2021
Philip Morris International Inc. (PMI) (NYSE: PM) announced Wednesday the closing of its acquisition of Fertin Pharma A/S (“Fertin Pharma”), a leading developer and manufacturer of innovative pharmaceutical and well-being products based on oral and intra-oral delivery systems, for an enterprise value of DKK 5.1 billion (approximately USD 820 million). Fertin Pharma has more than 850 employees and operations in Denmark, Canada, and India. It is a leading contract development and manufacturing organization (CDMO), specializing in the research, development and production of gums, pouches, liquefiable tablets, and other solid oral systems for the delivery of active ingredients.
Pharmaceutical Services
Deal
Q3
2021
Repligen Corporation (NASDAQ:RGEN), a life sciences company focused on bioprocessing technology leadership, today announced that it has entered into a definitive agreement to acquire privately-held Avitide Inc., for approximately $150 million, comprised of $75 million in cash plus $75 million in Repligen common stock in addition to performance-based earnout payments over the next three years. Avitide is a leading chromatography developer with diverse affinity ligand libraries and best-in-class ligand-to-resin development timelines.
Pharmaceuticals & Life Sciences
Deal
Q3
2021
IBX, a global leader in biobanking, bioprocessing and analytics, has acquired UK based biospecimen storage specialists Roylance Pharma. Roylance Pharma are UK based specialists in biobanking and stability storage of pharmaceutical and biological samples with combined experience of over 50 years specifically in sample storage services. Processes have been built from the ground up with state-of-the-art facilities, validation, SOP’s and quality systems.
Medical Devices
Deal
Q3
2021
Vicarious Surgical Inc. (“Vicarious Surgical” or the “Company”) (NYSE: RBOT, RBOT WS), a next-generation robotics technology company seeking to improve both cost and efficiency of surgical procedures as well as patient outcomes, announced Wednesday that the shareholders of D8 Holdings Corp. (“D8”) (NYSE: DEH.U, DEH, DEH WS), have approved the previously announced business combination at the shareholder meeting held September 15, 2021.
Healthcare Investors / Advisors, Healthcare Real Estate
Notable Developments
Q3
2021
The medical office building market is a niche one, but has attracted increasing interest from investors over the past decade. Investors see medical office buildings, which typically include ASCs, physician offices and screening centers, as desirable assets because of their resilience during market shifts, high occupancy rates and positive outlook. Largely because of the COVID-19 pandemic, medical office building sales volume declined 12.2 percent year over year to $11.1 billion in 2020, but the drop off was far less than other commercial real estate sectors, according to a report from Colliers, a real estate investment management company. But in the coming years, in line with the country's aging population, the number of medical office buildings is expected to boom.
Industry Trends
Notable Developments
Q3
2021
The number of states with an obesity rate of at least 35 percent has nearly doubled in two years, with continuing racial and ethnic disparities, according to research released by the Centers for Disease Control and Prevention (CDC). Sixteen states reported last year that at least 35 percent of their adult residents are obese, an increase from the 12 considered to have high obesity prevalence in 2019 and nine in 2018, CDC analysis released on Wednesday said. Every state documented more than 20 percent of its adult population as having obesity, with the Midwest and the South seeing the highest rates at 34.1 percent compared to the West and Northeast.
Gastroenterology
Notable Developments
Q3
2021
Seven gastroenterology leaders spoke with Becker's ASC Review on what they see as the biggest disrupter in the GI industry.
Telehealth
Notable Developments
Q3
2021
To the surprise of no one, the new AMA Physician Practice Benchmark Survey, finds a major uptick in use of telehealth since before the pandemic: 70.3% of physicians polled say they work in practices that used videoconferencing to provide patient visits in September 2020, according to the survey – that's compared to only 14.3% in September 2018. What might be surprising, however, is a relatively wide variance in which practice types are most enthusiastic about virtual care – as well as what they're using it for and what technologies they're using.
Health Plans & Payor Services
Notable Developments
Q3
2021
Employers have rapidly adapted during the COVID-19 pandemic: Can they now apply that level of speed to innovating employer-sponsored insurance?
Industry Trends
Regulatory
Q3
2021
A divided Federal Trade Commission on Wednesday withdrew guidelines adopted just last year on how the government reviews so-called vertical mergers of companies that don’t directly compete with one another, the latest signal the agency is looking to escalate antitrust scrutiny of deal making. FTC Chairwoman Lina Khan, during a virtual public meeting, said she was concerned that the recent Trump-era guidelines gave too much credit to business efficiencies and other potential upsides of vertical mergers while not fully recognizing the harms that some of those deals could create in the marketplace.
Pain Management, Surgical Centers & Facilities
Deal
Q3
2021
PartnerCare, a portfolio company of private equity firm Shore Capital Partners, announced its affiliation with MidSouth Pain Treatment Center (MidSouth Pain). Dr. Michael E. Steuer founded MidSouth Pain in 2000 in Southaven, Mississippi. MidSouth Pain operates five clinics and three ambulatory surgery centers in Western Tennessee and Northern Mississippi, with two board-certified physicians, 13 mid-level providers, and over 100 highly trained supporting team members. MidSouth Pain serves over 3,000 patients per month across its broad footprint, helping them deal with chronic pain and have better lives.
Dental
Deal
Q3
2021
Imagen Dental Partners, one of the fastest-growing DPOs in the country, has expanded into its eighth state, California, welcoming Scripps Rock Dental and Schaffer Dental Excellence. “We're delighted to welcome two practices operating at the top of their game to join us at Imagen, enabling us to expand into our eighth state,” says Andrew Jones, Chief Development Officer at Imagen. Imagen will continue its rapid expansion throughout 2021 into 2022, including plans to partner with practices in Texas, Ohio, Florida, Michigan, Western Kentucky and Northern Indiana.