Monday, December 24, 2012

NextCare - Deeper in the Heart of Texas

Waco’s Central Texas Urgent Care is the latest acquisition by Mesa, AZ-based urgent care chain, NextCare – now operating 71 clinics in the East, West and Midwest. 
While staff at the two newly-acquired locations will remain the same, a new and different service will soon be available. WAHOO (Wait at Home or Office) is NextCare’s wait-at-home check-in service where patients can wait to be contacted for their exam.  
The Waco acquisition follows an October buying spree that added over 10 clinics, including one in Houston, to NextCare’s clinic total.  >>Read more 

Tuesday, December 11, 2012

New Owner for Plum Healthcare

Plum Healthcare Group LLC, an owner/operator of 50 skilled nursing facilities and 5 home health and hospice agencies was acquired by Bay Bridge Capital Partners.  Plum facilities are located throughout California as well as Utah and Arizona.  The seller, private equity firm GI Partners, is credited with acquisition and turnaround of 39 skilled nursing facilities and expanding into two additional states.  The sale of Plum generated approximately three times the capital invested by GI Partners. >>Read more

Monday, December 10, 2012

Linden Adds to Dental Platform

Following its October, 2012 acquisition of Northwestern Management Services, LLC, Chicago-based Linden Capital Partners continues investments in the oral care industry.

Young Innovations, a St. Louis-based dental supplies manufacturer signed an agreement to be acquired by the private equity firm - the closing expected in the first quarter of 2013.  Young experienced healthy demand of its consumable products and growth of its new diagnostic line (panoramic x-ray machines and related supplies) generating a 4.8% Q3 increase in income.     >>Read more
Northwestern Management Services LLC provides management and administrative services for Gentle Dental Group.  Gentle Dental, is an upscale retail-based organization with 21 offices in Southeast Florida.