VMG Health Acquires BSM Consulting

VMG Health Acquires Burrows Consulting

December 23, 2025

Healthcare Services

VMG Health, a portfolio company of Incline Equity Partners, has acquired Burrows Consulting, a specialist in funding strategy and reimbursement optimization for community-based healthcare organizations. The add-on expands VMG Health's capabilities serving Federally Qualified Health Centers, rural health clinics and other community providers and broadens its national presence.

VMG Health Acquires Health Care Futures

February 3, 2021

Healthcare Services

VMG Health has acquired Health Care Futures, a healthcare strategy and consulting firm with offices in the Chicago and Minneapolis areas. The Health Care Futures team will be integrated into VMG Health's Strategic Advisory Services division; VMG Health is majority employee-owned and backed by private equity firm Northlane Capital Partners.

VMG Health Acquires RR Health Strategies

December 8, 2020

Healthcare Services

VMG Health, a Dallas-based healthcare valuation and transaction advisory firm and portfolio company of Northlane Capital Partners, has acquired RR Health Strategies, LLC, a Hauppauge, New York-based medical coding, compliance, and operational excellence consulting firm. The RRHS team, led by President Pam D'Apuzzo, will lead VMG Health's new Coding, Compliance, and Operational Excellence service line to expand the firm's compliance-driven offerings and support clients across health systems, law firms, CPAs, billing vendors, PE firms, and healthcare practices.

Incline Equity Partners Acquires VMG Health from Northlane Capital Partners

April 18, 2024

Healthcare Services

Incline Equity Partners has acquired a majority equity interest in VMG Health from Northlane Capital Partners, with VMG management and an extensive employee shareholder group retaining a significant ownership stake. VMG Health, a Dallas-based healthcare valuation, compliance and advisory firm, will partner with Incline to expand service lines and software products organically and through accelerated M&A.

LBMX Acquires Buying Group Services (BGS)

January 1, 2022

Professional Services

LBMX Inc., a London, Ontario–based business marketplace platform provider, acquired Buying Group Services (BGS) in an all‑shares transaction effective January 1, 2022. The acquisition adds managed services capabilities to LBMX's existing EDI, PIM and eCommerce offerings, enabling expanded services (including central payments and PIM enrichment) for independent distributors, buying groups and suppliers across end markets such as HVAC, electrical, plumbing, building materials and food service equipment.

VMG Health Acquires Carnahan Group

October 9, 2024

Healthcare Services

VMG Health, a healthcare consulting firm and portfolio company of Incline Equity Partners, has acquired Tampa-based Carnahan Group. Carnahan Group's algorithm-driven FMV-MD platform and NeedsMD specialty needs technology will be integrated into VMG Health's Physician Compensation and Strategic Consulting divisions to expand the firm's tech-enabled solutions for hospitals, medical groups, and surgical facilities.