MHH Healthcare (Kinderhook) Acquires Medical Card System, Inc.

Kinderhook Industries Invests $105M in AbsoluteCARE

January 7, 2021

Healthcare Services

Kinderhook Industries made a $105 million investment in AbsoluteCARE to establish the firm as its 16th healthcare services platform. AbsoluteCARE is a value-based, risk-bearing primary care provider serving high-acuity Medicaid and Medicare populations and will leverage Kinderhook's resources to expand its care model and geographic footprint.

Kinderhook Leads $500M Investment in Physician Partners (Better Health Group)

February 1, 2022

Healthcare Services

Kinderhook Industries led a $500 million investment in Physician Partners, LLC (rebranded as Better Health Group) to back CEO Mike Polen and management. The capital will support the company's growth as a value-based primary care physician group and managed services organization serving over 137,000 members through a network of 545+ physicians, primarily in Florida.

Anthem, Inc. Acquires MMM Holdings (MMM Healthcare) from InnovaCare Health

June 30, 2021

Healthcare Services

Anthem, Inc. has completed the acquisition of Puerto Rico-based MMM Holdings, LLC and its Medicare Advantage plan MMM Healthcare, LLC, along with affiliated companies, from InnovaCare Health, L.P. The transaction expands Anthem's Medicare and Medicaid membership and strengthens its integrated, value-based care presence in Puerto Rico, where MMM serves hundreds of thousands of MA and Medicaid members.

Healthcare Holding Schweiz AG Acquires MCM Medsys AG

April 24, 2024

Medical Devices

Healthcare Holding Schweiz AG, backed and managed by the Winterberg group, has acquired MCM Medsys AG, a Solothurn-based value‑added distributor of medical devices with a catalogue of ~900 products. The deal is part of Healthcare Holding's buy-and-build strategy to expand its medtech distribution platform in Switzerland and completes a planned succession; the seller and former owner Louis Weidmann will remain on the board.

Kinderhook Recapitalizes Long's Drugs and PharMedQuest to Create Avita Care Solutions

December 4, 2019

Healthcare Services

Kinderhook Industries completed a majority recapitalization of Long's Drugs, Inc. and PharMedQuest Pharmacy Services, combining the two on‑site and central‑fill pharmacy services providers into a single platform to serve Covered Entities (FQHCs, Ryan White clinics, STD clinics and other underserved providers). The transaction creates scale under the Avita/combined platform and is intended to accelerate growth and share best operating practices across the combined business; financial terms were not disclosed.

Kinderhook Industries Acquires Capital Waste Services from Hawk Capital Partners

August 20, 2019

Environmental Services

Kinderhook Industries has acquired Capital Waste Services, a Columbia, South Carolina-based regional solid waste hauling company, from Hawk Capital Partners. The acquisition—Kinderhook's ninth environmental services platform—will support growth through investments in people, equipment and systems while maintaining existing management and municipal contracts; financial terms were not disclosed.