Healthcare Services Acquisitions in Texas

Tenet Healthcare completed a strategic transaction with CommonSpirit Health to resume full ownership of its Conifer Health Solutions subsidiary. CommonSpirit will pay Tenet approximately $1.9 billion in installments over three years, and Conifer will make an approximately $540 million redemption payment to CommonSpirit, effective retroactively January 1, 2026; Conifer will continue to support CommonSpirit through the end of 2026 during an orderly transition.

Adecco has acquired Advantis Medical Staffing, a Dallas-based, tech-enabled healthcare staffing firm specializing in travel nursing and allied health placements across all 50 states. The deal expands Adecco's North American healthcare capabilities by adding Advantis' clinician network, concierge service model, and AI-enhanced recruiting and onboarding technology; financial terms were not disclosed.

Main Post Partners has acquired HomeWell Franchising Inc., the franchisor of HomeWell Care Services, in a transaction alongside the company’s existing management team. The partnership will recapitalize the franchisor to accelerate franchise growth, expand geographic reach, and enhance support for franchise owners and caregivers; Boxwood Partners served as exclusive sell-side advisor.

TowerBrook Capital acquired Solis Mammography in May 2025 after Chicago-based Madison Dearborn Partners exited its ownership stake. Solis Mammography, headquartered in Addison, Texas, is a multi-location provider of breast imaging and diagnostic services with more than 150 centers and roughly 400 employees.

Morris & Dickson has completed the acquisition of Prodigy Health (now operating as ProdigyMD), a specialty pharmaceutical distributor focused on plasma-derived therapies. The acquisition expands Morris & Dickson's specialty distribution capabilities and access to hospitals, specialty pharmacies, clinics, infusion centers and alternative sites of care while preserving operational continuity and regulatory compliance.

Net Health has acquired Keet Health from WebPT to broaden access to outcomes measurement and remote therapeutic monitoring (RTM) tools for rehabilitation therapy providers. The deal will make Net Health's Limber platform the preferred outcomes and RTM solution for WebPT and Clinicient customers and deepen integrations to support hybrid care models.

Avance Clinical, an Australian full‑service CRO, has acquired LumaBridge, a U.S.-based oncology-focused clinical research organization. The deal expands Avance's U.S. footprint and establishes LumaBridge as the foundation of Avance's global Oncology Center of Excellence, strengthening oncology clinical trial capabilities from early‑phase through later‑phase programs.

Touchmark, a Beaverton, Oregon-based operator of full-service retirement communities, acquired The Hacienda at Georgetown (now Touchmark at Georgetown) on December 17, expanding its Texas footprint. The community in Georgetown, Texas will retain existing team members and continue to provide independent living, assisted living, and memory care under the Touchmark brand.

WindRose Health Investors has made a strategic growth investment in Stellus Rx, a Plano, Texas–based technology-enabled, value-based pharmacy care management platform. The undisclosed transaction will fund Stellus Rx’s expansion of clinical and operational capabilities and the scaling of its platform to serve additional patient populations nationwide.

NMS Capital has made an investment in and recapitalized Axiom Medical, a tech-enabled workplace incident case management provider headquartered in The Woodlands, Texas. The partnership will support Axiom's next stage of growth through new customer expansion, strategic M&A, and continued investment in the company's nurse-led, technology-enabled service platform. Financial terms were not disclosed.

Point Quest Group, a national provider of special education staffing and services, has acquired LinkUp Teletherapy, a virtual speech therapy provider. The acquisition adds a HIPAA-compliant, therapist-designed teletherapy platform to Point Quest Group's offerings to expand scalable speech and language services for K–12 districts nationwide.

Funds managed by global investment firm Carlyle have completed the acquisition of Tarrytown Expocare Pharmacy from Sheridan Capital Partners, with Sheridan retaining a minority stake. Tarrytown is a specialized long-term care pharmacy serving the intellectual & developmental disability (IDD) and behavioral health communities; Carlyle said it will invest to expand the company's footprint and capabilities nationwide.

Funds managed by global investment firm Carlyle have acquired Tarrytown Expocare Pharmacy from Sheridan Capital Partners, with Sheridan retaining a minority stake. Carlyle plans to support Tarrytown’s expansion of its specialized long-term care pharmacy services for the IDD and behavioral health communities across the U.S.; financial terms were not disclosed.

Proxima Clinical Research, a Houston-based MedTech-focused contract research organization (CRO), has been acquired in a change of ownership led by Billy Howell with close ties to HGI Clinical. Eric Ross was appointed CEO following the transaction; the buyer intends to integrate Proxima with HGI Clinical to create a stronger MedTech/biotech CRO platform.

ZT Corporate acquired four emergency care facilities operating under the Express ER brand in Abilene, Waco, Harker Heights and Temple, Texas, and will integrate them into its healthcare platform, Altus Community Healthcare. The deal expands ZT Corporate's footprint in Central Texas and increases the firm's emergency care presence in the state to 35 centers.

Hospital for Special Surgery (HSS) and growth investor General Atlantic have launched a new, independently operated national platform of ambulatory surgery centers (ASCs) focused on orthopedic and spine outpatient care by acquiring Legent Health, a portfolio company of BTG Pactual Strategic Capital. Legent’s operating infrastructure and management team will form the foundation for national expansion, combining HSS clinical expertise and General Atlantic’s company-building capabilities to expand patient access to high-quality, lower-cost outpatient orthopedic and spine services.

Surgical Information Systems (SIS), owned by Nordic Capital, acquired Surgical Notes from Capstreet (Capstreet IV) with the transaction completed on November 15, 2024. Surgical Notes, headquartered in Dallas, Texas, provides ASC-focused revenue cycle management, coding, transcription and document management services; Capstreet had owned the company since 2019 and helped scale the business via technology development and add-on acquisitions.

Aptiva Medical, a Greenleaf Ventures portfolio company, has completed the acquisition of VeraMed Health. The deal expands Aptiva’s national patient base, strengthens its referral and payor networks, and accelerates its growth in continuous glucose monitoring (CGM) distribution and home-delivery diabetes services.

Collette Health has acquired the Virtual Nursing Academy (VNA) to integrate a premier virtual nursing education program into its virtual care platform. The acquisition expands Collette Health's implementation and training capabilities, with VNA founder Bonnie Clipper continuing to lead operations and serve as a strategic advisor.

LucyRx, a next-generation pharmacy benefit manager (PBM) based in Bethesda, Maryland, has completed its acquisition of CerpassRx, a Dallas–Fort Worth area PBM. The deal brings CerpassRx's cost-containment expertise and client relationships into LucyRx's platform, expanding clinical capabilities and scale to serve over 1.5 million members nationwide; CerpassRx was previously associated with Nomi Health.

Smarter Technologies has acquired Pieces Technologies and combined Pieces' AI-driven documentation workflows with Smarter's clinical AI to launch SmarterNotes, a clinical AI solution that links inpatient documentation with revenue cycle intelligence. The integrated product aims to improve documentation accuracy, reduce provider burden, and capture missed reimbursement opportunities for health systems.

Pediatrics Plus of Little Rock has acquired The Behavior Exchange, an applied behavior analysis provider with clinics in Frisco, Plano and Prosper, Texas. The Behavior Exchange will retain its name and leadership while joining Pediatrics Plus as the buyer plans to expand integrated pediatric therapy services across North Texas.

Harbor Health, an Austin-based primary and specialty care clinic group and insurance company, is acquiring 32 clinics from VillageMD, expanding its Texas footprint into San Antonio, El Paso and Dallas. The deal increases Harbor Health’s clinic count from 11 to 43, adds more than 80 clinicians, and supports expansion of its integrated care-and-insurance offerings across the state.

Allied OMS announced a partnership with Heart of Texas Oral Surgery, led by Dr. Jeff Alford, to establish a presence in the Greater Austin market through the practice's Lakeway and Bastrop locations. The move is part of Allied OMS's broader Texas expansion strategy; Allied OMS is a doctor-led MSO that has received strategic growth investment and is pursuing market expansion through practice partnerships.

Creative Solutions in Healthcare has closed or contracted the purchase of 18 skilled nursing facilities across Texas (including Dallas, Fort Worth and El Paso), representing 2,228 licensed beds and an appraised portfolio value of $218 million. The family-owned operator is using HUD-insured permanent financing (with a $155 million HUD debt pipeline) and a mix of bridge, TPA assumption and straight-to-HUD structures to accelerate platform growth and consolidation in the Texas long-term care market.

Great Hill Partners has acquired a majority interest in Blue Cloud Pediatric Surgery Centers, the largest operator of pediatric dental ambulatory surgery centers in the United States, from TPG’s The Rise Fund. The investment will support accelerated center expansion, deeper payor and provider partnerships, and continued focus on affordable, high-quality dental and oral surgery for pediatric and special‑needs patients.

Datavant has completed the acquisition of Ontellus, a provider of health records retrieval and claims intelligence. The deal creates a new Legal & Insurance vertical at Datavant led by former Ontellus CEO Vince Cole and aims to digitize and streamline health record exchange for legal, insurance and provider customers.

Brightstar Capital Partners has acquired Analyte Health, a Houston-based direct-to-consumer digital health company that provides diagnostics, virtual care, and prescription fulfillment. Analyte founder Fiyyaz Pirani will remain CEO and retain a significant ownership stake as Brightstar looks to scale the business as a platform in consumer healthcare.

Audax Private Equity and Parthenon Capital have acquired Elevate Patient Financial Solutions (formerly MedData) from Frazier Healthcare Partners in a transaction that closed July 31, 2025. Elevate, headquartered in Spring, Texas, is a technology-enabled provider of specialty revenue cycle management (RCM) services for hospitals and health systems; the investment will support organic growth and future add-on acquisitions to expand the company’s front-end and back-end RCM capabilities.

TA Associates has made a strategic growth investment in HealthMark Group, a Dallas-based provider of clinical information exchange solutions. Management and existing investor Ridgemont Equity Partners rolled meaningful stakes as TA becomes the new lead investor to accelerate HealthMark's growth, expand capabilities, and broaden market reach.

TSG Consumer Partners has agreed to acquire EoS Fitness, a large U.S. high-value, low-price gym operator, in a private equity buyout. Existing investor Performance Equity Management is reinvesting alongside TSG (via its PDI V vehicle) to support EoS's next phase of growth; seller disclosures name BRS & Co. as a selling shareholder.

Woven Health Collective has acquired Boundless Life Sciences Group, integrating Boundless' digital-first creative marketing and AI capabilities into Woven's biopharmaceutical marketing and scientific communications platform. The deal expands Woven's commercialization services and digital/creative offerings to better serve life sciences clients across the product lifecycle.

Integrated Pain Associates (IPA), a Triton Pacific Healthcare Partners portfolio company, announced a partnership with Lubbock Spine Institute (LSI), a provider of interventional spine and pain management services across West Texas. The deal expands IPA’s footprint into Lubbock, Midland and Amarillo, Texas; financial terms were not disclosed and Florac and Star Mountain participated as significant investors in the platform.

Bradford Health Services, a PE-backed behavioral health provider, has acquired three Texas-based programs: The Last Resort Recovery Center (Smithville), Crestone Wellness (Taylor), and The Chapter House (Dallas–Fort Worth). The add-on deal expands Bradford’s footprint across Central and North Texas and is supported by investor Lee Equity Partners to accelerate regional growth and clinical integration.

symplr, a PE-backed provider of enterprise healthcare operations software, has acquired the Smart Square scheduling software from AMN Healthcare. The deal adds AI-driven nurse and staff scheduling and timekeeping capabilities to symplr's Operations Platform while AMN focuses on its Workwise workforce planning and analytics offerings.

Creative Solutions in Healthcare (CSNHC) has acquired five skilled nursing facilities from Diversicare, effective July 1, expanding CSNHC's Texas footprint to 174 properties. The facilities — located in Houston, Lockhart, Lampasas, Yorktown and Luling, Texas — will receive infrastructure and service upgrades as CSNHC brings food service and housekeeping in‑house and replaces resident mattresses and furnishings.

Generational Group advised the sale of The Rockwall Center of Sensory Integration, Inc. dba Excel Pediatric Therapy to an unnamed individual investor, with the transaction closing on June 27, 2025. Excel Pediatric Therapy is a Rockwall, Texas-based pediatric clinic offering physical, occupational, and speech therapy for children with sensory, developmental, neurological, and orthopedic conditions.

ACU-Serve, an Akron, Ohio-based revenue cycle management (RCM) provider, has acquired TANYR, a specialist in infusion-focused RCM services. The deal, which closed on June 13, 2025, expands ACU-Serve’s infusion and post-acute RCM capabilities while TANYR’s leadership and staff will remain in place.

Empower Aesthetics, a PE-backed national medical aesthetics platform supported by Shore Capital Partners, has affiliated with Revitalize SkinMD, a physician-led medical spa in Waco, Texas. The deal — for which Skytale Group served as exclusive sell-side advisor to Revitalize — expands Empower's presence in Texas and adds a well-regarded local practice to its national network.

Invene, a healthcare-focused engineering and AI solutions firm, has acquired product design consultancy Guidea to expand its capabilities from engineering execution to full-stack product strategy and design. The acquisition positions Invene as an end-to-end partner for AI-driven healthcare products, combining Guidea’s clinical design expertise with Invene’s engineering and AI implementation capabilities.

Avant Technologies has entered formal negotiations to acquire its joint-venture partner Ainnova Tech (operating through Ai-nova Acquisition Corp.), aiming to merge the businesses ahead of an FDA pre-submission meeting. The deal is intended to streamline regulatory coordination, speed clinical development and support U.S. market entry for the Vision AI clinical screening platform currently piloted across Latin America.

Unifeye Vision Partners (UVP), a physician-led ambulatory surgery center operator, announced a partnership with Brooks Eye Associates, a Plano, Texas ophthalmology practice and surgery center. The transaction was supported by a growth capital/private credit investment from Morgan Stanley Private Credit with participation from PGIM Private Capital to finance the partnership; Waud Capital Partners is UVP's founding investor.

Careington International Corporation has sold its Launch Loyalty division to Wellfit Technologies, enabling Careington to focus on its core businesses while Wellfit expands its membership-plan and provider solutions. Wellfit will retain the Launch Loyalty brand as "Launch Loyalty powered by Wellfit," adding over 1,000 office relationships and integrating Launch Loyalty's membership plan capabilities into its platform.

TeleMed2U has acquired SIGMA Tactical Wellness to integrate SIGMA's advanced cardiac risk screening capabilities into TeleMed2U's virtual specialty care platform. The deal expands TeleMed2U's cardiology offerings and enables continuous screening-to-treatment pathways for law enforcement, first responders and broader population health programs; financial terms were not disclosed.

GI Alliance, a Cardinal Health company, will merge with and acquire Urology America, expanding GI Alliance's specialty-care footprint into urology. Urology America, a Gauge Capital–backed platform with more than 110 providers across ~30 locations in four states, will join GI Alliance to broaden multi-specialty capabilities and patient access.

Revelstoke Capital Partners completed a recapitalization of AOM Infusion, a specialty infusion provider that delivers IVIG, biologics and other therapies for chronic conditions. Revelstoke will support AOM's management team to expand therapeutic focus areas, deepen clinical expertise and grow the company's patient reach; terms were not disclosed.

Press Ganey has acquired Hyperlift Logic, a specialist in Medicare Advantage Stars performance analytics, and launched a new Stars Center of Excellence that combines Hyperlift's predictive modeling with Press Ganey's member experience data and AI tools. The move aims to help health plans improve Star Ratings across CAHPS, HEDIS, HOS and pharmacy measures, enabling more proactive, personalized member engagement and better quality outcomes.

H.I.G. Capital affiliate has completed a strategic acquisition of GetixHealth, a Sugar Land, Texas–based provider of revenue cycle management (RCM) services for healthcare providers. H.I.G. will partner with GetixHealth management to support growth investments in technology and operations to expand the company’s RCM capabilities and customer reach.

Elite365 Healthcare Workforce Solutions has acquired Proxi Dental Staffing, a Plano, Texas-based dental staffing agency, to add dental staffing to Elite365’s family of services. Elite365 is supported by growth equity partner Regal Healthcare Capital Partners and will integrate Proxi as its dental division while preserving Proxi’s identity and team to accelerate growth in the dental market.

Qualified Digital (QD), a Reno-based full-service digital consultancy, has acquired Xpediant Digital, a provider of content supply chain automation for pharmaceutical and life sciences companies. The deal expands QD's healthcare-focused capabilities — particularly regulatory content and Adobe/Veeva-integrated automation — and is QD's first major expansion since its 2024 partnership with Stella Point Capital.