Healthcare Services Acquisitions in Maryland

Konovo, a healthcare intelligence platform based in Watertown, Massachusetts, has acquired Rare Patient Voice, a patient recruitment community with more than 200,000 registered patients and caregivers across rare, chronic, and complex conditions. The acquisition expands Konovo's ability to deliver integrated patient and healthcare provider insights, strengthening its recruitment capabilities and reach into rare-disease patient populations.

Diversis Capital has made a strategic growth investment in Kermit, a Brooklandville, Maryland‑based physician preference item (PPI) spend management and analytics platform. The capital will fund Kermit's geographic expansion across the United States, United Kingdom and Ireland and accelerate development of AI‑powered analytics and predictive capabilities to help hospitals control implantable device spend.

Huron (NASDAQ: HURN) has acquired the payor consulting services division of AXIOM Systems, adding approximately 40 AXIOM team members to strengthen Huron's payor-focused capabilities and accelerate its digital growth strategy. The division will be integrated into Huron's Healthcare operating segment; terms were not disclosed.

Epiphany Dermatology announced a partnership with Modly Dermatology to expand its presence in the Baltimore, Maryland market. Dr. Charlotte Modly and her single-location practice in Reisterstown, MD will join Epiphany's provider network and gain access to Epiphany's operational support and clinical resources.

Salt Creek Capital has acquired Real Diagnostics, LLC (RealDx), a Reisterstown, Maryland-based specialist diagnostic laboratory serving physician offices and clinics across 17 states. HCAP Partners has invested to support Salt Creek's acquisition and to help RealDx scale operations, expand geographic reach, and enhance workforce and service capabilities; terms were not disclosed.

AbsoluteCare, a Columbia, Maryland-based value-based integrated health care provider, secured $135 million in equity financing from Kinderhook Industries, CVS Health Ventures, Pacific Life and Lexington Partners. The funding will be used to optimize operations, scale AbsoluteCare’s concierge, PCP‑led care model, and expand into new markets and member populations across the U.S.

Orchard Mental Health Group has acquired Maryland Counseling Associates, adding four locations and 31 clinicians to its growing network of behavioral health practices in the DMV. The deal is Orchard's third acquisition in 2025 and expands the platform's clinical capacity and geographic footprint; Orchard is backed by The Graham Group.

Latticework Capital Management announced a strategic investment to acquire First Medical Associates, a Germantown, Maryland-based primary care provider with eleven clinics. Funds managed by PennantPark Investment Advisers provided debt financing to support the acquisition, and Latticework will partner with founder Dr. Rakesh Malik to scale the business via geographic expansion and add-on growth.

Sun Nuclear, a Mirion Medical company, has acquired Oncospace, a cloud-based, AI-powered radiation oncology software provider. The acquisition brings Oncospace’s predictive plan quality and treatment-planning conversion tools into Sun Nuclear’s software roadmap to expand its digital-first radiation therapy quality assurance capabilities.

ELIQUENT Life Sciences has acquired Truliant Consulting, a Baltimore-based pharmacovigilance, risk management, and regulatory compliance advisory firm. The acquisition expands ELIQUENT's pharmacovigilance platform and capabilities to provide broader, technology-driven, and scalable safety and regulatory solutions to life sciences clients.

Eir Partners, a middle-market private equity firm focused on healthcare technology and tech-enabled services, has made a growth investment in Porter, a Baltimore-based care coordination and healthcare IT platform. The capital will support Porter’s technology and AI capabilities, expand its geographic footprint, and accelerate its care coordination programs focused on quality and risk adjustment across the U.S.

Orchard Mental Health Group has entered a partnership / acquisition of GBCC Behavioral Health and Oasis Behavioral Health Urgent Care to expand its regional footprint. Physician Growth Partners served as exclusive advisor to GBCC/Oasis in the transaction. The deal strengthens Orchard's presence in the DC/Maryland/Virginia (DMV) region, expands service offerings and infrastructure across six locations and more than 80 providers.

ENT Partners, a physician practice management company, acquired the practice led by Alan E. Oshinsky, MD, PA and The Hearing Wellness Center, LLC. The two practices operate five locations in the Baltimore area and expand ENT Partners' local platform and audiology capabilities in Maryland.

Bluesight, a provider of inventory management, procurement, and compliance solutions for hospitals, has acquired Protenus, a Baltimore-based healthcare compliance analytics platform. The acquisition expands Bluesight's drug diversion and patient privacy monitoring capabilities, combining AI-driven compliance analytics with Bluesight's hospital and pharmacy operations intelligence.

Pacify, a tech-enabled doula-led maternal care platform based in Arlington, Virginia, has acquired Family Ways, a Rockville, Maryland-based full-spectrum doula agency founded by Rachel Carbonneau in 2013. The acquisition brings Family Ways' doulas and expertise into Pacify's digital platform to expand doula-led maternity and postpartum services and grow Pacify's regional network and capabilities.

Reveleer, a value-based care enablement platform backed by Oak HC/FT, has acquired Curation Health to expand its clinical intelligence and EHR integration capabilities. The acquisition brings Curation Health's proprietary clinical rules and deep EMR integrations (EPIC, Cerner, Athena) into Reveleer's platform to enhance point-of-care insights, risk adjustment, and quality improvement.

VaLogic Bio, a platform company of private equity firm 424 Capital, has acquired Facility Logix, a Burtonsville, Maryland-based firm specializing in planning, development, and project management for life-sciences facilities. The deal is an add-on acquisition intended to expand VaLogic Bio's service capabilities and build a full-service outsourced solutions platform for life sciences facility design, CQV, environmental monitoring, and ongoing compliance.

OneOncology has agreed to acquire United Urology Group (UUG) from Audax Private Equity, with the deal expected to close by the end of 2024; terms were not disclosed. UUG is a national urology management services organization supporting ~250 physicians and ~1,300+ employees across multiple states, and OneOncology plans to integrate UUG's urology capabilities and ancillary services into its physician-led oncology platform.

Enterprise AI investor SAIGroup has acquired digital patient engagement company Get Well (formerly GetWellNetwork). SAIGroup plans to integrate its predictive and generative AI capabilities into Get Well's platform to build a precision care solution for hospitals and ambulatory centers; financial terms were not disclosed.

Chiropractic Health Partners (CHP), a Florida-based management services organization, entered a partnership with Health Quest Chiropractic & Physical Therapy (HQC) of Owings Mills, Maryland on May 31, 2024. Generational Group advised HQC on the transaction; the affiliation will provide HQC with CHP's business, marketing, and operational support to drive growth and new service lines.

Danforth Advisors has acquired BW Health Group, a commercialization and product-launch services platform serving small- and mid-sized life science companies. The deal adds commercial readiness, launch planning and biopharma marketing capabilities (Benchworks and BW Consulting) to Danforth's integrated life-science advisory and operational services offering.

WearLinq has acquired AMI Cardiac Monitoring, LLC to integrate AMI’s 33+ years of ambulatory cardiac monitoring expertise with WearLinq’s FDA 510(k)-cleared eWave 6-lead wearable ECG device. The acquisition expands WearLinq’s clinical services footprint across all 50 U.S. states and strengthens its diagnostic and remote-monitoring capabilities for cardiology providers and patients.

Varian, a Siemens Healthineers company, has acquired Aspekt Solutions, a provider of medical physics, dosimetry and radiation oncology consulting and staffing services. The seller was L2 Capital, which realized its 2017 investment in the business; terms were not disclosed. The acquisition expands Varian's Advanced Oncology Solutions offerings and its ability to deliver customized clinical and operational support to oncology providers.

Medicus IT, a national healthcare technology and managed services provider headquartered in Alpharetta, Georgia, has acquired BlueNovo, a provider of physician- and patient-centered healthcare quality and technology services focused on community health centers. The acquisition expands Medicus IT's capabilities in analytics, clinical transformation, EHR support and quality improvement while broadening its reach into community and safety-net healthcare organizations nationwide.

Waud Capital Partners has acquired Senior Helpers, a Maryland-based provider of in-home senior care, from Advocate Health. The transaction was supported by debt financing led by Comvest Credit Partners (administrative agent) and private credit from Bow River Capital to fund the acquisition and future growth; terms were not disclosed. Senior Helpers operates more than 380 franchised and corporate locations across 44 states, Canada, and Australia and will be led in part by Waud Executive Partner Steve Jakubcanin as Executive Chairman.

Headlands Research, a multinational network of clinical trial sites, has acquired Pharmasite Research, a Maryland-based clinical trial site focused on mental illness and central nervous system (CNS) disorders. The deal expands Headlands' therapeutic capabilities in mental health and extends its site network's reach in the Mid-Atlantic, bringing the network to 18 sites across the United States and Canada.

Aquiline Capital Partners has made a majority investment in Health Prime International, a provider of revenue cycle management (RCM) solutions for physician practices. The partnership is intended to accelerate Health Prime's growth and expand its technology-enabled RCM capabilities; Health Prime is headquartered in National Harbor, Maryland and employs over 3,500 people globally.

Clarest Health, a personalized medication management provider based in Vienna, Virginia, has acquired Remedi SeniorCare, a Towson, Maryland–based long-term and post-acute care pharmacy services provider. The acquisition—terms undisclosed—adds Remedi's proprietary automation technology (PAXIT) and customer portal (MyRemedi) to Clarest's medication management platform, expanding its technology capabilities and geographic footprint in the post-acute care market.

Renovus Capital Partners made a growth investment in Behavioral Framework, a Rockville, Maryland-based provider of autism diagnostics and applied behavior analysis (ABA) therapy. The capital will be used to professionalize operations, invest in systems and leadership, and support regional growth across Maryland, Virginia and Washington, D.C.

424 Capital completed a significant investment in VaLogic, a Frederick, Maryland-based provider of GMP/GLP compliance software and life-science facility services. The capital will support VaLogic's growth plans—expanding services, markets and customer reach—while enabling pharmaceutical and biotechnology clients to focus on R&D and manufacturing with validated compliance tools (including VaLogic's LogiPoint SaaS).

Plexus Capital and 424 Capital announced an investment in VaLogic Bio, a Frederick, Maryland-based provider of GMP compliance software and life-sciences laboratory services. The capital will support VaLogic’s continued growth of its facility monitoring SaaS and professional compliance services for FDA-regulated clients.

CareDx, Inc. acquired MediGO, Inc., a provider of organ transplant supply-chain logistics software, to expand its digital health offerings for organ procurement organizations (OPOs) and strengthen pre-transplant capabilities. The acquisition is intended to accelerate operational efficiencies, increase organ utilization, and broaden CareDx's transplant ecosystem solutions.

Culmen International has acquired Maryland-based Vysnova Partners to expand its biological, global health, and international development capabilities. The acquisition brings together U.S.-based government-focused professional services expertise and creates a combined organization with offices in dozens of countries and a workforce of over 400 employees.

Quest Diagnostics has agreed to acquire Haystack Oncology in an all-cash transaction valued at $300 million at closing plus up to $150 million in potential milestones. The acquisition adds Haystack's sensitive ctDNA-based minimal residual disease (MRD) liquid biopsy technology to Quest's oncology, genomics and pathology capabilities to expand clinical lab services for MRD testing beginning in 2024.

Emmes, a global full-service clinical research organization, acquired Essex Management, a bioinformatics and health information technology consultancy, to enhance Emmes' data, bioinformatics and HIT capabilities. The acquisition adds more than 100 employees and expands Emmes' ability to serve government, academic and biopharma clients, including continued support for the National Cancer Institute.

Tivity Health has acquired Burnalong, a digital health, wellness and fitness platform, to accelerate its digital transformation and expand virtual programming for diverse and at-risk populations. The acquisition adds Burnalong's library of more than 30,000 live and on-demand classes and 5,000+ instructors to Tivity's in-person and virtual offerings, enabling broader support for health plans, employers and individual consumers.

Lone View Capital, a growth-oriented private equity firm, has made its first investment in Trend Health Partners, a Hunt Valley, Maryland-based provider of credit balance management and payment accuracy solutions for healthcare payers and providers. The growth capital will support Trend's continued rapid expansion, product innovation and platform enhancements while Trend's management and employees remain significant shareholders.

Autumn Lake Healthcare completed the acquisition of four Autumn Lake–branded skilled nursing facilities in Maryland (totaling 520 licensed beds), financed by a $124.75 million senior credit facility provided by Oxford Finance LLC. Oxford provided the debt financing to support Autumn Lake, a long-standing borrower; Autumn Lake will operate the facilities as part of its multi-state skilled nursing and rehabilitative care network.

PatientPoint has acquired Rendia, a Baltimore-based provider of subscription point-of-care engagement software and content for eye care providers. The deal brings Rendia's 8,000+ eye care customers, content library and provider portal into PatientPoint to accelerate its expansion into ophthalmology, optometry and other specialties; Chesapeake Corporate Advisors served as Rendia's exclusive financial advisor.

Beckman Coulter Diagnostics acquired StoCastic LLC, a Johns Hopkins–affiliated AI company whose TriageGo clinical decision support tool assists emergency department triage. The acquisition (completed October 3, 2022) brings StoCastic's AI, talent and TriageGo into Beckman Coulter's Clinical Decision Support portfolio to accelerate ED decision-making and patient flow.

Arctaris Impact Investors (with co-investor Calvert Street Partners and support from ERIE Insurance, The Abell Foundation, and NIIF) made a follow-on growth equity investment in Up To Date Laundry (UTD), one of the largest healthcare laundry facilities on the U.S. East Coast. The capital will fund automation, energy-efficiency upgrades, linen purchases for new customers, and workforce expansion in Baltimore.

Pace Life Sciences, a CDMO and subsidiary of Pace Science and Technology Company, has acquired Meridian BioGroup, a validation, regulatory, and compliance consulting provider based in Frederick, Maryland. The deal expands Pace's regulatory, quality and validation capabilities to better support biotechnology and pharmaceutical clients across development and commercialization.

An affiliate of Veritas Capital acquired Coronis Health from 424 Capital and other minority shareholders and acquired MiraMed Global Services from the Mira family, combining the two companies into a single, scaled revenue cycle management (RCM) platform. The combined business, led by Coronis CEO Stephen Grubbs with MiraMed founder Tony Mira as Vice Chairman, will provide end-to-end, technology-enabled RCM solutions across multiple specialties and employ over 8,500 people globally.

Clinical Education Alliance (CEA), a Riverside-backed healthcare education platform, has acquired Rockpointe Corporation, a provider of accredited continuing education (CE) programs for healthcare professionals. The add-on expands CEA’s reach into primary care and community healthcare settings and strengthens its high-science therapeutic education capabilities.

Advanced Dermatology and Cosmetic Surgery has acquired Esterson Dermatology in Pikesville, Maryland, bringing the total Advanced Dermatology footprint to 160 locations. The acquisition brings Dr. Faith Esterson, two certified physician assistants and staff into the Advanced Dermatology platform as the company expands its presence in the greater Baltimore area.

Affiliates of New Mountain Capital have agreed to acquire Emmes, a global clinical research organization, from Behrman Capital and Emmes' other investors. The transaction, expected to close in early July 2022, positions Emmes for its next phase of growth with additional investment to expand its commercial, global and eClinical technology capabilities; terms were not disclosed.

Private equity funds managed by Blackstone and Canada Pension Plan Investment Board (CPP Investments) signed a definitive agreement to make a majority investment in Advarra, a provider of regulatory, compliance and clinical trial technology solutions. Existing shareholders Genstar Capital and Linden Capital Partners — along with management — will remain significant investors as the new partners support Advarra’s next growth phase and invest in new services, data, and software capabilities.

Valtech, a global business transformation agency, has acquired The Berndt Group (TBG), a Baltimore-based digital customer experience agency focused on digital health transformations. TBG’s team of more than 80 practitioners and health-system clients (including Johns Hopkins and Penn Medicine) will bolster Valtech’s healthcare and digital experience capabilities.

Gryphon Investors has acquired Vision Innovation Partners (VIP), a multi‑specialty eye care platform headquartered in Annapolis, Maryland, from Centre Partners; financial terms were not disclosed. VIP operates more than 60 clinics and 11 ambulatory surgery centers with 140+ practitioners, and Gryphon will partner with management and physician equity holders to support continued platform growth and additional acquisitions.

OrthoBethesda — a portfolio company of Atlantic Street Capital that is rebranding its platform to Aligned Orthopedic Partners — announced a strategic partnership with Shady Grove Orthopaedics. The deal is the platform's second announced transaction in 2022 and expands Aligned Ortho's regional orthopedic footprint in the greater Washington, D.C. market.