MARKET ANALYSIS

Healthcare M&A Weekly 11.13.23

A Look at Recent Transactions Shaping the Future of Healthcare

This week's article provides a summary of recent healthcare M&A news for November 13, 2023. 

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 - November 6, 2023.

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• Cathay Capital has invested in dental service organization (DSO) Parkview Dental Partners. Parkview is a DSO that currently manages 22 dental practices that provide both general dentistry and specialty dental services. Learn more about the investment here.

 

• IVI RMA, a reproductive medicine group, has signed a definitive agreement to acquire the North American Operations of Eugin Group, consisting of the Boston IVF fertility network and Toronto-based TRIO, from healthcare group Fresenius. Read more about the acquisition here.

 

• Medical Specialists of the Palm Beaches (MSPB) has acquired Colton and Kaminsky, a concierge medicine practice in Boca Raton, FL serving more than 1,500 patients. MSPB is backed by Ascend Partners, a growth-oriented, healthcare-focused private equity firm. Click here to learn more.

 

• Nordic Capital has signed an agreement to acquire a majority share in IntegriChain, a provider of pharmaceutical technology, data, consulting, and outsourcing solutions designed to improve how life sciences products reach customers. IntegriChain is backed by Accel-KKR. Read the announcement here.

 

• Sentinel Capital Partners, announced a minority structured equity and junior debt investment in the Worldwide Home Care division of Sodexo, which provides in–home care in the United States, United Kingdom, Ireland, France, Denmark, Norway, Sweden, and Brazil. Learn more about the investment here.

 

• Surescripts, the nation's leading health information network, acquired ActiveRADAR, a clinical intelligence company that identifies therapeutic alternatives for prescriptions. Read the press release here.

 

• Thoma Bravo, announced the completion of its acquisition of NextGen Healthcare, Inc., a provider of innovative, cloud-based healthcare technology solutions, for $1.8 billion. Read more about the acquisition here.

 

• Workplace Options (WPO), an independent provider of wellbeing and mental health solutions, announced the company acquired The Diversity Movement, a technology-led consulting firm focused on diversity, equity, and inclusion. WPO is a portfolio company of WindRose Health Investors. Click here to learn more.

 

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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.