Cardinal Health Acquires Integrated Oncology Network (ION) for $1.115B

Integrated Oncology Network Acquires California Cancer Associates for Research & Excellence

April 22, 2022

Healthcare Services

Integrated Oncology Network (ION), a portfolio company of Silver Oak Services Partners, has acquired California Cancer Associates for Research & Excellence (cCARE). cCARE operates six cancer centers with over 30 providers across the Fresno and San Diego markets; the acquisition expands ION's platform to 57 centers across 14 states and is intended to accelerate growth and expand comprehensive, community-based oncology services.

Integrated Oncology Network Acquires Urology Partners, LLC

May 2, 2024

Healthcare Services

Integrated Oncology Network, LLC (ION), a portfolio company of Silver Oak Services Partners, has acquired Urology Partners, LLC, a private-practice urology group serving the greater Cleveland area. The deal combines Urology Partners with ION’s existing partner SouthWest Urology (and longtime partner Northern Ohio Regional Cancer Center) to expand urologic and prostate cancer care capacity and services across Cleveland and Ohio.

Cardinal Health Acquires Specialty Networks from Linden Capital for $1.2B

January 31, 2024

Healthcare Services

Cardinal Health has entered into a definitive agreement to acquire Specialty Networks, a technology-enabled multi-specialty group purchasing and practice enhancement organization, from Linden Capital Partners for $1.2 billion in cash. The deal adds Specialty Networks' GPOs, PPS Analytics platform and life-sciences/research capabilities to Cardinal Health's Specialty business to accelerate capability expansion across urology, gastroenterology and rheumatology.

Cardinal Health to Acquire Solaris Health

August 13, 2025

Healthcare Services

Cardinal Health has entered into a definitive agreement to acquire Solaris Health, a leading urology management services organization, from Lee Equity Partners and Solaris Health physician owners. The Specialty Alliance (Cardinal Health’s multi-specialty MSO platform) will add Solaris Health’s more than 750 providers and 250+ practice locations, with Cardinal Health funding the deal with approximately $1.9 billion in cash and new debt and owning about 75% of The Specialty Alliance post-close.

Novo Integrated Sciences / Novo Healthnet Acquire Acenzia Inc.

June 29, 2021

Pharmaceuticals

Novo Integrated Sciences, through its wholly owned subsidiary Novo Healthnet Limited, completed the acquisition of Acenzia Inc., a Windsor, Ontario-based nutraceutical manufacturer and diagnostics developer. The all-share transaction closed on June 24, 2021 and is valued at $14,884,039; Novo said the purchase will give it direct control of development, manufacturing and distribution of wellness products and personalized diagnostics.

Mariner Acquires Cardinal Investment Advisors

January 14, 2025

Financial Services

Mariner announced the acquisition of Cardinal Investment Advisors, adding about $292 billion in assets under advisement and roughly 40 employees to its Mariner Institutional practice. The deal will incorporate Cardinal’s investment consulting team into Mariner’s insurance advisory practice, with integration expected to be complete by the end of March.