Huron Capital, recognized for its buy-and-build approach, is all smiles these days…
The firm strengthened their healthcare platform with the acquisition of a Richmond, VA dental practice. Huron's portfolio company, Dynamic Dental Partners Group, is a leading dental practice management company providing centralized back-office services to a network of fee-for-service dental practices. The latest acquisition increases Dynamic's network to 32 locations across Virginia, Florida and Arizona.
Linden Capital is another private equity firm with a dental platform. Click here for more info.
Acadia Healthcare Company, provider of behavioral
health care in 20 states, just announced plans to add 8 more facilities to
its 34 facility network by year-end. With nearly $400M in
planned acquisitions since September, Acadia’s latest two deals increases bed count by 25% and extends its footprint into Ohio.
As part
of the late November deal, Acadia will acquire Behavioral Centers of America
(Sellers: Linden Capital Partners, Health Enterprise Partners and Siguler Guff
& Co.) and AmiCare Behavioral Centers, each operating four facilities.
Acadia CEO, Joey Jacobs noted in a news release,
“...We continue to consider additional acquisition
opportunities in the fragmented inpatient behavioral health industry."
Under Jacob's
leadership, beginning in 2011, Acadia has grown from 6 to over 40 facilities.
At that time, Jacobs said that the company had potential to generate
$2B in revenue from 100 facilities. Acadia continues to move toward those
goals. >>Read more