MARKET ANALYSIS

Healthcare M&A Weekly 2.26.24

A Look at Recent Transactions Shaping the Future of Healthcare

This week's article provides a summary of recent healthcare M&A news for February 26, 2024. 

The healthcare industry is rapidly evolving, with the lines between the healthcare technology and services sectors blurring - creating the catalyst for innovation, transformation, and continued market activity. TripleTree's Healthcare M&A Weekly summarizes recent mergers, acquisitions, and investments shaping the future of healthcare.

To view previous healthcare M&A activity, please review last week's post: Healthcare M&A Weekly - February 20, 2024.

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• 3M is planning to spin-off its healthcare business as a new independent company, Solventum, which had sales of $8.2B in 2023. View the announcement here.

 

• Advance MedAesthetic Partners, a leader in the medical aesthetics industry, announced its acquisition of LivingYoung Center, a specialty provider of anti-aging and wellness solutions. Read more about the acquisition here. 

 

• Apollo Intelligence, a Frazier Healthcare portfolio company, has acquired GlocalMind expanding its global reach and operations in healthcare and their life sciences market insights. Learn about the acquisition here.

 

• Aptar Digital Health, a digital health solutions specialist, has acquired Healint, a digital health provider specializing in migraines and other neurological conditions. Click here to view the press release.

 

• Argosy Healthcare Partners announced a recapitalization and partnership with Command Medical Products, a provider of contract manufacturing services for the production of single-use disposable medical devices. Read more about the recapitalization and partnership here.

 

• AHP announced the formation of Prolerity Clinical Research and made a majority investment in Tandem Clinical Research, a Louisiana-based medical research company with 11 sites across Louisiana, Florida, New Jersey, and New York. Click here to learn more.

 

• DarioHealth, a health and fitness company, has acquired Twill, a provider of digital-led care, enabling Dario to create a comprehensive offering for chronic conditions. Read more about the acquisition here.

 

• Healthly, a primary care, support services, and preventive medicine provider, has received funding from Corbel Capital Partners to expand its primary care business model and improve patient health outcomes. Learn more about the funding here.

 

• Hightop Health, an outpatient mental health platform, has acquired Roots Behavioral Health, a mental health practice with a comprehensive approach to patient care and high patient satisfaction ratings. Read more about the acquisition here.

 

• PCM Trials, a provider of mobile research nurses for decentralized clinical trials, has acquired EmVenio Research, a community-based clinical trial site operator of mobile research units. View the announcement here.

 

• Remodel Health, a provider of health benefit solutions leveraging Individual Coverage Health Reimbursement Arrangements (ICHRAs), has acquired PeopleKeep, a provider of hassle-free employee benefits. Read more about the acquisition here.

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Transactions outlined in this summary highlight some of the key trends shaping the future of healthcare. Get the latest industry news from TripleTree every week.

This is a partial list of transaction activity across the healthcare industry and is not intended to be a complete listing. Transaction information was identified from various sources and TripleTree may or may not have acted as the financial advisor for the transactions listed. All product names, logos and brands are property of their respective owners. All company, product and service names used in this communication are for identification purposes only. Use of these names, logos and brands does not imply endorsement.