Healthcare Services Acquisitions in 2023

mPulse announced the acquisitions of HealthTrio and Decision Point Healthcare Solutions to expand its capabilities in healthcare digital engagement, member experience, and analytics. Backed by its majority investor PSG alongside other existing shareholders and management, mPulse aims to create a full-service engagement, analytics, and activation platform for healthcare organizations.

HealthEdge Investment Partners, LLC has partnered with Pluri Potent Partnership, LLC (P3 Oral Surgery), an oral surgery service organization, to build a leading oral surgery services organization in the Mid-Atlantic region. HealthEdge invested alongside P3’s surgeons, who retained a meaningful ownership stake in the company.

Seven Hills Capital announced an additional investment (reinvestment) in its partner company, Reliable Medical, to support the company’s continued expansion into new and existing markets. Reliable Medical provides complex rehab and mobility solutions, including CRT, respiratory products, and durable medical equipment and supplies, serving pediatric and adult patients with complex medical conditions.

424 Capital completed a significant investment in VaLogic, a provider of GMP/GLP compliance software and services for pharmaceutical and biotechnology organizations. The partnership is intended to support VaLogic’s growth and expansion, helping life sciences clients accelerate compliant research, development, and production.

ARCHIMED acquired US-based Symbio and Germany-based Proinnovera in an all-equity deal and simultaneously merged the two contract research organizations into a new group, Symbio Proinnovera. The combined company will provide dermatology-focused consulting, testing, and clinical research services across the full development lifecycle and serve as a platform for further growth and acquisitions.

Navigate Wellbeing Solutions announced it has partnered with McCarthy Capital to accelerate the company’s future growth. The investment will fund product and technology development, team expansion, and increased capacity, and support Navigate’s plans to pursue accretive acquisitions.

Pediatric Home Service (PHS), a pediatric home care provider and portfolio company of InTandem Capital Partners, announced the acquisitions of Apple Home Medical Supply (Apple HMS) and All About Pediatrics. The deals expand PHS’s footprint and pediatric respiratory/clinical support capabilities in Texas (Dallas-based Apple HMS) and enter the Florida market (Jacksonville-based All About Pediatrics).

Everest Clinical Research, a contract research organization (CRO) backed by Arlington Capital Partners, has acquired European CRO August Research for undisclosed terms. The deal expands Everest’s footprint into Western and Eastern Europe and strengthens its clinical trial services and pharmacovigilance capabilities, while August’s founders and local managing directors will remain in leadership roles post-transaction.

Medical Specialists of the Palm Beaches (MSPB), a multi-specialty physician group practice in South Florida, announced it has acquired Colton and Kaminetsky, LLC, a concierge medicine practice in Boca Raton, Florida. The deal expands MSPB’s concierge medicine offering and extends its presence in the Boca Raton and Palm Beach markets, representing MSPB’s fourth acquisition in 2023.

ARC Health, a Thurston Group portfolio company, has acquired GROW Counseling, a multi-location mental health practice in the Atlanta metro area. The transaction also includes integration of the GROW Counseling Network, expanding ARC Health’s service footprint across the United States and Canada.

Gentiva completed its previously announced acquisition of ProMedica's home health, palliative, and hospice business after receiving required state and federal regulatory approvals. The combined organization will expand access to hospice, palliative, and home care services, with many ProMedica locations to be rebranded under Gentiva’s Heartland and Empatia brands.

The Pennant Group Inc. acquired Guardian Hospice and Guardian Hospice of Oklahoma for an undisclosed amount. The deal expands Pennant’s hospice footprint across southern Oklahoma and northern Texas, supporting its strategy to grow home health, hospice, and senior living services—particularly in underserved rural communities.

Sheridan Capital Partners announced the formation of Ascend Plastic Surgery Partners, a plastic surgery and aesthetics physician practice management company, combining five plastic surgery practices and two standalone MedSpas. Sheridan invested alongside Ascend’s surgeons and management, who retained a meaningful ownership stake. Ascend is headquartered in Atlanta, Georgia and operates across multiple U.S. states.

SportsMed Physical Therapy acquired the two-clinic practice Mountainside Wellness, expanding SportsMed’s footprint in central New Jersey. The acquired clinics in Mountainside and Colonia add two complementary locations to SportsMed’s existing 33 clinics as the company continues its M&A-driven expansion strategy. SportsMed is a portfolio company of Hildred Capital Management.

SilverAssist acquired Oasis Senior Advisors, a national senior care advisory franchise network with more than 130 locations across the United States. The acquisition expands SilverAssist’s portfolio of senior assistance services and technology, enhancing its ability to provide integrated, white-glove national and local support for seniors and their families.

HealthEdge Investment Partners announced the sale of its Fund II portfolio company, The Corridor Group Holdings, LLC (Corridor), to WellSky. Corridor provides technology-enabled outsourced medical coding, revenue cycle, and education solutions for post-acute care providers, and will now operate as part of WellSky, which is backed by Leonard Green and TPG.

3B Scientific, a manufacturer of medical simulation products and anatomical models for healthcare education, acquired Wallcur LLC, a provider of healthcare simulation products. The deal expands 3B Scientific’s simulation offering while allowing Wallcur to continue operating under its brand with its headquarters remaining in San Diego, California.

Health Data Innovations, LLC (HDI) announced a strategic investment from Hughes & Company, a Chicago-based private equity firm focused on healthcare software and technology-enabled services. The investment is intended to support HDI’s expansion of its healthcare data integration and claims data management platform to a broader market of providers and payers and to enable additional strategic partnerships.

Virgin Pulse announced its intent to merge with HealthComp to create a technology- and data-powered employer health Platform-as-a-Service offering. New Mountain Capital will be the majority owner of the combined entity, with backing/support from Marlin Equity Partners, Blackstone (via Blackstone Credit financing), and Morgan Health. The transaction is expected to close in Q4 2023, subject to regulatory approvals and other closing conditions; financial terms were not disclosed.

Tendo, a healthcare experience software company, is acquiring MDsave, an online healthcare marketplace offering bundled, transparent pricing for medical services. The deal expands Tendo’s patient engagement platform by integrating MDsave’s marketplace capabilities for seeking, scheduling, paying for, and managing care, and is expected to close in October 2023.

Emergency Care Partners (ECP) completed a strategic merger with Integrated Emergency Medicine Specialists (IEMS), an emergency department management services provider headquartered in Naples, Florida. Following the transaction, IEMS will operate as a regional physician group practice within ECP while leveraging ECP’s back-office resources and clinical analytics platform. ECP is backed by financial sponsors Varsity Healthcare Partners and Regal Healthcare Capital Partners.

Vālenz Health has acquired KISx Card, LLC, adding KISx Card’s direct-provider, non-network solutions and care navigation for high-cost surgical and imaging procedures. Following the acquisition, KISx Card will become Vālenz Health and its services will be integrated with Vālenz’s Care Value Optimizer and broader Healthcare Ecosystem Optimization Platform to help self-funded employers and members access high-quality care at lower cost.

Bow River Capital’s Private Credit Team provided funds to support the recapitalization of Veridian Healthcare. The recapitalization was executed by HealthEdge Investment Partners, United Western Group, and Advantage Capital Holdings, with Veridian continuing to operate as a distributor of in-home diagnostic, pain care management, and personal care products.

Surge Private Equity, LLC formed a new strategic partnership with Elite Clinical Network, LLC (ECN), an integrated network of phase I-IV clinical research sites operating across California, Arizona, and Nevada. The transaction was valued at approximately $200 million and included debt financing provided by affiliates of MGG Investment Group LP.

Framework Solutions acquired Govise, Inc., a provider of medical review services for commercial/promotional and medical materials in the life sciences sector. The deal expands Framework Solutions’ medical, legal and regulatory (MLR) and content review capabilities and is intended to broaden both companies’ global reach. Terms of the transaction were not disclosed.

Havencrest Capital Management announced two new healthcare platform investments: Deep Eddy Psychotherapy, an outpatient mental health provider in Texas, and Avid Health at Home, a non-medical home care platform. Avid was formed in connection with the acquisition of Chicago-based For Papa's Sake Home Care, a provider serving the greater Chicago area.

New Harbor Capital completed an investment in Monroe Biomedical Research (MBR), a clinical trial site business focused on recruiting patient populations and executing complex clinical trials across multiple therapeutic areas. MBR, founded in 2015 and headquartered in Monroe near Charlotte, North Carolina, will partner with New Harbor Capital to support continued growth and expansion of its clinical research site model.

FFL Partners completed a private investment in Johnson County Clin-Trials (JCCT), a clinical research site platform serving pharmaceutical and biotechnology companies and contract research organizations. JCCT, headquartered in Lenexa, Kansas, conducts Phase I–IV clinical trials, and the financial terms of the transaction were not disclosed. The announcement notes the transaction as a recapitalization and positions JCCT for expansion and future strategic M&A in the fragmented clinical research site sector.

Reproductive Medicine Associates (RMA), the U.S. arm of IVI-RMA Global, has acquired Conceptions Reproductive Associates of Colorado (Conceptions), a physician-led fertility practice with four locations across Colorado. The deal expands RMA’s fertility clinic network into the Rocky Mountain region, adding Colorado to its existing national footprint.

Riverside Partners-backed UnisLink acquired AQREVA and Doctors' Resource Specialists (DRS), both revenue cycle solutions providers. The acquisitions expand UnisLink’s revenue cycle management capabilities and extend its geographic footprint across several U.S. states.

BrightPath Health Holdings, LLC d.b.a. ABA Connect, backed by MBF Healthcare Partners II, L.P., has completed the acquisition of Bright Behavior, LLC, an ABA therapy provider based in Colorado Springs, Colorado. The transaction expands ABA Connect’s footprint beyond Texas, creating a combined network of 11 clinics across Texas and Colorado providing applied behavior analysis therapy for children and adolescents with autism spectrum disorder.

Coalesce Capital partnered with existing shareholder Freedom 3 Capital and Examinetics management to recapitalize Examinetics, a provider of occupational health compliance testing services. The investment is intended to support Examinetics’ expansion into new and existing markets and the rollout of additional technology-enabled services, including its internally developed auditory testing platform, Salux.

Tech24, a portfolio company of HCI Equity Partners, acquired Pronto Repairs, with Greenwich Capital Group advising Pronto as exclusive investment banker. Pronto Repairs provides outsourced equipment management, preventative maintenance, and repair services for major hospital systems in the New York City area. The acquisition expands Tech24’s healthcare presence and integrates Pronto into Tech24’s platform to support recruiting, geographic expansion, and accelerated growth.

An affiliate of Kohlberg & Company has signed a definitive agreement to acquire Worldwide Clinical Trials, a global full-service contract research organization, in partnership with the company’s management team. Existing sponsor TJC, L.P. will retain a meaningful minority equity stake following the transaction, which is expected to close in the fourth quarter of 2023 subject to regulatory approvals and customary conditions.

Sun Life Financial Inc. entered into an arrangement agreement to acquire all outstanding common shares of Dialogue Health Technologies Inc. for C$5.15 per share, valuing Dialogue at approximately C$365 million on a fully diluted basis. Dialogue will continue to operate as a standalone entity headquartered in Montréal, Québec, with certain members of executive management rolling equity and retaining a minority stake post-close.

Dynamic Access, LLC acquired Priority PICC Solutions, LLC, an outsourced vascular access services provider based in Chicago, Illinois. Priority was founded and owned by Mary Santiago and Dr. Julio Santiago and has served healthcare facilities in the Chicagoland area since 2008. RiverGlade Capital, the primary investor in Dynamic since 2021, backs Dynamic as it expands its Midwest presence and broader national platform.

Ventra Health acquired ArcMed, an India-based billing and automation services organization. The deal is intended to strengthen Ventra Health’s service performance and quality, improve operational efficiency, and add scale for automation, predictive analytics, and global service delivery.

Emergency Care Partners (ECP) completed a strategic merger with Eastern Carolina Emergency Physicians (ECEP), expanding ECP’s emergency department management services footprint, including operations in North Carolina. As part of the transaction, ECEP’s physician partners will become shareholders of ECP, which is backed by Varsity Healthcare Partners and Regal Healthcare Capital Partners.

Agape Care Group, a portfolio company of Ridgemont Equity Partners, acquired Hope Hospice (Birmingham, Alabama) and Assured Hospice (Cartersville, Georgia). The acquisitions expand Agape Care’s hospice and palliative care footprint across Alabama and Georgia, with Georgia operations to run under the Georgia Hospice Care brand.

Clairvest Group Inc. and Clairvest Equity Partners VI made a minority equity investment in Mountain Land Physical Therapy, an outpatient physical therapy provider with 41 clinics in the Mountain West region of the United States. Existing owners, including CEO Rick Lybbert and COO Jason Lobb, will roll substantially all of their equity and retain majority ownership.

Adriana Garcia Ceja has acquired ElderTree, an aging life care management business headquartered in Herndon, Virginia. The acquisition was backed by Pacific Lake through Ceja’s search fund, Bolivar Progress Partners, and positions ElderTree for its next phase of growth.

Comvest Partners acquired Your Behavioral Health, a behavioral health services platform headquartered in Torrance, California. Your Behavioral Health provides mental health and addiction treatment services across 17 facilities in Southern California and will continue to be led by co-founders Mike Joly and Dr. Martha Koo alongside the existing management team.

Inspire Aesthetics, a portfolio company of Hidden Harbor Capital Partners, announced the addition of Epstein & Bared, a two-surgeon practice in Miami focused on hair restoration. The partnership expands Inspire Aesthetics’ service offering into hair restoration, including the Women’s Center for Hair Loss.

Parkview Health Services, LLC secured a strategic growth investment from ArtesRx, LLC, an affiliate of Flexpoint Ford, with the transaction closing on June 23, 2023. Parkview will remain headquartered in Amherst, New York and continue to be led by CEO Paul O'Leary and the existing management team. Flexpoint partnered with pharmacy executive Dom Meffe to establish ArtesRx as a platform to acquire, scale, and support pharmacy businesses serving complex patient populations.

Levine Leichtman Capital Partners (LLCP) announced an investment in SEV, a manager and operator of medical spas offering laser hair removal, injectables, body contouring, and other aesthetic services. SEV will continue to be led by founder and CEO Sevana Petrosian along with the existing management and clinical teams. Financial terms were not disclosed.

Dynamic Access, LLC acquired I.V. Nurse Consultants, Inc. (IVNC), an outsourced vascular access services provider based in Seattle, Washington. IVNC was founder-owned by Susanne Doppke and has served healthcare facilities in the Seattle area since 1996; the deal supports Dynamic’s continued geographic expansion as a national vascular access platform.

Point Quest, LLC acquired Foundations Speech and Language Therapy LLC, an Arizona-based provider of special education and behavioral health services delivered in K-12 school district settings. The deal expands Point Quest’s presence in Arizona, and Foundations co-founder Stephanie Colella will remain to manage Arizona operations.

Exaltare Capital Management, alongside Capitala Group, acquired UKW Holding Company and its affiliated businesses (Uni K Wax), a franchisor and operator of waxing studios. Uni K Wax is headquartered in Aventura, Florida, and founder Noemi Grupenmager will remain involved and a significant shareholder. Heather Elrod joined the company as Executive Chair following the transaction.

Ivy Fertility acquired Virginia Fertility & IVF, a reproductive health, infertility, and IVF practice based in Charlottesville, Virginia. The acquisition adds Virginia Fertility & IVF and its physicians to Ivy Fertility’s network of fertility and advanced reproductive technology providers.

Lightning Step, backed by Gallant Capital Partners, has sold its wholly owned revenue cycle management services subsidiary, AVA Billing & Consulting, to Medusind, an Alpine Investors portfolio company. The divestiture is intended to sharpen Lightning Step’s focus on its core all-in-one behavioral health software platform while positioning AVA to expand its RCM services under Medusind. Financial terms were not disclosed.

Ivy Fertility, a reproductive technology and IVF network, announced that it has acquired NOVA IVF, a fertility and IVF practice based in Mountain View, California. NOVA IVF, founded in 1987 and led by physicians Richard Schmidt, M.D. and Meera Shah, M.D., FACOG, provides IVF and related fertility services including egg donation, egg freezing, gestational surrogacy, and preimplantation genetic testing.

Nox Health, a global sleep health company, acquired Somryst, an FDA-cleared prescription digital therapeutic delivering CBT-I for adults with chronic insomnia. The deal is intended to deepen Nox’s value-based healthcare programs and expand Somryst’s reach through Nox’s enterprise client base and broader commercial channels.

Iron Path Capital-backed Capitol Pain Institute (CPI) acquired Balcones Pain Consultants and Water Leaf Surgery Center to expand CPI’s interventional pain management platform in Central Texas. The partnership adds three clinics and one ambulatory surgical center in the Austin metropolitan area, strengthening CPI’s footprint in Texas and supporting further regional growth.

RQM+ announced the acquisition of Libra Medical, a full-service contract research organization specializing in early-stage clinical trials for complex medical devices and diagnostics. The deal expands RQM+’s clinical trials capabilities, adding Libra’s first-in-human study expertise alongside regulatory affairs, clinical operations, and quality assurance services.

Flagship Facility Services acquired Managed Lab Services (MLS), a lab services company headquartered in San Diego, California. The deal expands Flagship’s Lab Services unit by adding MLS’s laboratory support capabilities such as vendor-managed inventory, lab support, project management, and IT operations, strengthening Flagship’s offering for early-stage biotech customers.

TTG Imaging Solutions, LLC acquired Digirad Health, Inc. from Star Equity Holdings, with the transaction closing on May 4, 2023. Digirad Health, headquartered in Suwanee, Georgia, provides turnkey diagnostic imaging solutions and OEM/service support for nuclear medicine camera equipment. The deal expands TTG’s national footprint and strengthens its imaging service platform across multiple modalities, including cardiology and radiation oncology.

[solidcore], a Washington, DC-based workout program provider, received a strategic investment from Kohlberg & Company. Existing investors VMG Partners and Peterson Partners also participated in the financing round, with the amount undisclosed. The company plans to use the proceeds to expand into new cities and strengthen its presence in key markets.

Capitol Pain Institute (CPI), backed by Iron Path Capital, acquired Nura Pain Clinics to enter and expand within the Minneapolis–St. Paul market and broaden CPI’s national interventional pain management platform into Minnesota. The transaction adds Nura’s clinics and related services (including pain pump refill support) to CPI’s network of clinics and ambulatory surgical centers across the United States.

Hildred Capital Management completed a strategic investment in AleraCare, a provider of infusion and specialty pharmacy services in the United States. AleraCare plans to use the new capital to double its clinical capacity over the next 24 months and continue expanding its footprint and care offerings.

Quest Diagnostics entered into a definitive agreement to acquire Haystack Oncology in an all-cash equity transaction to add Haystack’s highly sensitive minimal residual disease (MRD) liquid biopsy technology to Quest’s oncology portfolio. Quest will pay $300 million in cash at closing (net of cash acquired) plus up to $150 million in milestone payments, and plans to adapt Haystack’s MRD test into new clinical lab services beginning in 2024.

NewSpring Healthcare, the dedicated healthcare strategy of NewSpring, led a financing round in Patheous Health, a provider of mobile and onsite dysphagia diagnostics services. Patheous Health plans to use the proceeds to accelerate growth, expand into new markets, and make strategic hires to support scaling its mobile point-of-care diagnostic model.

Global Healthcare Exchange (GHX) completed the acquisition of Prodigo Solutions, a Pittsburgh-based supply chain and data enablement technology company. The deal aims to simplify healthcare providers’ procure-to-pay processes by combining Prodigo’s directed buying experience with GHX’s platform and enriched supply chain data. Financial terms were not disclosed.

LP First Capital and Genesis Park acquired Fastest Labs, a nationwide provider of drug, alcohol, and DNA testing services headquartered in San Antonio. The new partnership is intended to accelerate Fastest Labs’ growth, expand its footprint, and enhance offerings for customers and franchisees.

Voluware, Inc. announced a capital investment from private equity firm Hughes & Company. The funding will support Voluware’s product innovation, payer coverage expansion, client onboarding and support, and broader strategic partnerships for its cloud-based prior authorization automation platform.

Rising Medical Solutions announced the acquisition of Preferred Disability Management (PDM), a regional case management company headquartered in Carmel, Indiana. The deal expands Rising’s case management and managed care capabilities in the Midwest, adding services such as telephonic and field-based case management, catastrophic case management, and related medical review and cost projection offerings.

The IMA Group (IMA), through its IMA Clinical Research division, acquired Austin-based Accelemed Research Institute to expand its multi-therapeutic clinical trial site network and strengthen its presence in the U.S. Southwest. Accelemed focuses on cardiometabolic and GI disease trials (including NASH, obesity, high cholesterol, and diabetes); transaction terms were not disclosed.

Capitol Pain Institute (CPI), backed by Iron Path Capital, acquired four Colorado-based businesses: Springs Rehabilitation, Spinal Diagnostics and Regenerative Medicine, The Peak Physical Medicine, and The Ascent Surgery Center. The acquisitions mark CPI’s first entry into Colorado, creating a new hub in Colorado Springs and supporting expansion into the Denver corridor. These additions extend CPI’s national interventional pain management platform of clinics and ambulatory surgical centers.

Ascend Vision Partners (AVP), an eye care-focused management services organization backed by Chicago Pacific Founders, announced a partnership with Elgut Eye Care of Fort Lauderdale, Florida. The transaction represents AVP’s seventh partnership in Florida and expands AVP’s ophthalmology/optometry network, with AVP providing management services support to the practice.

M&A Healthcare Advisors (MAHA) announced the sale of Hoover Pharmacy, a specialty and retail pharmacy serving patients in the San Francisco Bay Area, to CVS. As part of the transaction, Hoover Pharmacy's files were acquired by CVS and patients will receive dispensing services at CVS's local Palo Alto branch.

Atlantic Health System announced the acquisition of Thompson Healthcare & Sports Medicine, an 11-location practice across several New Jersey counties. Atlantic Health System will take a majority ownership stake; financial terms were not disclosed. Berkery Noyes served as exclusive financial advisor to Thompson Healthcare & Sports Medicine on the transaction.

Elevate ENT Partners (Elevate) announced it has acquired Ear, Nose & Throat Associates of Texas (ENT TEX), an otolaryngology physician group with five locations in the Dallas metro area. ENT TEX’s physician partners will join Elevate’s network and leverage its practice-management support capabilities to help streamline back-office operations and support growth.

An affiliate of H.I.G. Capital acquired Polygon S.p.A., a provider of integrated healthcare maintenance and medical equipment management services for hospitals. Polygon supports hospitals primarily in Italy and Spain, offering installation, management, maintenance, and repair services for biomedical and diagnostic imaging equipment.

Patriot Capital announced a growth capital partnership with Turnwell Mental Health Network, an integrated behavioral health provider headquartered in Dallas, Texas. Turnwell plans to use the new capital to expand its network of freestanding outpatient clinics and services in underserved markets.

NewSpring Healthcare, the dedicated healthcare strategy of NewSpring, invested in BetterNight in a financing round that also included participation from existing investors HCAP Partners and Hamilton Lane. BetterNight provides comprehensive virtual sleep care services, and plans to use the proceeds to accelerate nationwide expansion, deepen partnerships with providers and payers, and invest further in technology for patient engagement and remote monitoring.

West Physics Consulting, LLC acquired Enterprise Physics, LLC, a regional provider of medical and health physics services headquartered in Slidell, Louisiana. The deal adds Enterprise Physics’ founder/owner Dr. James Terry to West Physics’ team and expands West Physics’ presence and client base in Louisiana and Mississippi as part of its broader growth strategy.

Parkway Capital announced an investment in EBH Counseling Management, LLC (dba Stokes Counseling), providing subordinated debt and equity. The investment supports a recapitalization of Stokes led by Eads Bridge Holdings and the company’s management team to fund growth initiatives.

HouseWorks, LLC signed a definitive agreement to acquire the Personal Care division of Amedisys, Inc. HouseWorks, in partnership with eCaring, plans to join the Amedisys personal care network and collaborate on care coordination to deliver seamless in-home care. The transaction is expected to close in the second quarter of 2023.

Vivo Infusion acquired CIVIC Infusion, expanding Vivo’s ambulatory infusion footprint to a combined 36 centers across nine states. CIVIC operates infusion centers serving patients in Connecticut and New York, and its co-founders Barry D. Stein, MD and Robert M. Roteman, MD will join Vivo as Medical Directors. Financial terms were not disclosed.

ClariMed, Inc., formed in partnership with NaviMed Capital, announced the acquisition of UserWise, LLC, a San Jose-based human factors and usability engineering services provider to the MedTech industry. The deal supports ClariMed’s launch as an integrated, human-centric medical product development and regulatory services partner.

Apara Autism Center, a Havencrest Capital Management portfolio company, completed the acquisition of Autism Learning Collaborative (ALC) and the Missouri operations of Early Autism Services (EAS). ALC and EAS provide clinic- and home-based Applied Behavior Analysis (ABA) therapy services for children and adolescents with Autism Spectrum Disorder, expanding Apara’s footprint across multiple states.

Technical Safety Services (TSS), a portfolio company of Levine Leichtman Capital Partners (LLCP), completed four strategic acquisitions to expand its regulatory testing, inspection, certification, and related services for controlled environments in life sciences and healthcare settings. The acquired companies add capabilities across medical gas testing, cleanroom testing and certification, commissioning/validation engineering, and controlled-environment certification services.

The Stepping Stones Group acquired Catalyst Speech Language Pathology, a provider of school-based speech-language pathology services in the greater Los Angeles area. Catalyst Speech will continue to operate as a standalone entity led by founder Ji Kim, who will also serve as Director of Client Services at Stepping Stones.

Praesidian Capital made an anchor investment in Care+ Pediatric Urgent Care. The company is launching its first of several planned locations in Oklahoma City as Praesidian partners with the Care+ team to help scale the business.

Avesi Partners made a growth investment in Muir Wood, LLC, an adolescent-focused behavioral health services provider. The investment supports Muir Wood’s expansion into new geographies and addition of new service lines, in partnership with founder and CEO Scott Sowle and the management team.

Calibre Scientific acquired Glass Chemicals, a Spanish distributor of scientific laboratory consumables, equipment, and services serving life sciences, diagnostics, and industrial end markets. The deal represents Calibre Scientific’s second acquisition in Spain and expands its coverage with facilities in key regions including Madrid and Barcelona. Glass Chemicals also provides value-added capabilities such as after-sales service, packaging, sterilization management, and cleanroom customization.

Fertility Specialists Network (FSN), backed by LongueVue Capital, has added Boca Fertility to its network of fertility practices. Boca Fertility will continue operating under its existing brand in Boca Raton, Florida while leveraging FSN’s clinical, operational, and administrative support to expand its footprint in the Florida market.

RSi, LLC, a revenue cycle management services provider, announced the acquisition of Invicta Health Solutions, LLC. Invicta is based in Houston, Texas and provides technology-enabled revenue cycle management services including insurance discovery, eligibility verification, and Medicaid-related services. WestView Capital Partners, which previously financed RSi’s growth strategy, supported the acquisition as part of RSi’s continued expansion.

Huma Therapeutics Limited (Huma) has acquired Alcedis GmbH, a Germany-headquartered provider of data-driven clinical research and technology. The transaction combines Huma’s digital health and decentralized clinical trials platform with Alcedis’ clinical trial operations expertise to create an advanced clinical trials division offering end-to-end digital solutions across all phases of development. Financial terms were not disclosed.

NMS Capital portfolio company U.S. Urology Partners announced a partnership in which Urology of Indiana joined its national network of affiliate urology practices. The transaction expands U.S. Urology Partners’ footprint into Indiana and increases its network to more than 150 providers across over 40 clinical locations. Financial terms were not disclosed.

Funds affiliated with Cressey & Company and Health Enterprise Partners (HEP) acquired The InterMed Group (InterMed), a provider of healthcare technology management services. InterMed was acquired from Granite Bridge Partners and will use the new partnership to expand its healthcare technology and equipment management offerings to hospitals and health systems across the United States.

Calibre Scientific acquired TechniVal Group Limited, a Scotland-based provider and distributor of laboratory equipment services across the United Kingdom. The deal marks Calibre Scientific’s entry into laboratory equipment services and adds service capabilities such as installation, calibration, validation, maintenance, and repair to its existing life science portfolio in the British Isles.