TT Capital Partners: Healthcare M&A Weekly Review
Deal News | Dec 17, 2024 | TT Capital Partners LLC
In the latest installment of TripleTree's Healthcare M&A Weekly, various key transactions have been identified that are shaping the future of the healthcare industry. The report highlights a significant wave of mergers and acquisitions revealing a trend of innovation through collaboration in the healthcare technology and service sectors. Notable transactions include Access Physical Therapy & Wellness' acquisition of Physical Therapy Associates of Schenectady, and Amulet Capital Partners’ platform investment in Theoria Management. Moreover, Community Health Systems sold a subsidiary to Duke Health for approximately $280 million. Meanwhile, Goldman Sachs Alternatives acquired autism therapy provider Center for Social Dynamics. Several stakeholders like Carta Healthcare, Dynamic Infusion, Espire Dental, Health Advocates Network, and Labcorp are actively invigorating the industry through strategic acquisitions. The report underscores a sector alive with change, indicating a continued path of strategic partnerships and innovative solutions within the healthcare landscape.
Sectors
- Healthcare
- Private Equity
- Technology
Geography
- United States – Many of the transactions, such as those involving Amulet Capital Partners and Community Health Systems, are centered in the U.S.
- Vietnam – NVIDIA’s acquisition of VinBrain highlights activity within Vietnam's growing AI healthcare sector.
Industry
- Healthcare – The article primarily focuses on mergers and acquisitions within the healthcare sector, encompassing pharmaceuticals, medical services, and healthcare technology.
- Private Equity – Several transactions involve private equity firms, underlining their role in funding and transforming healthcare companies.
- Technology – Technology plays a significant role with companies leveraging data and AI in healthcare, as seen with Carta Healthcare and NVIDIA's acquisitions.
Financials
- $4.1B – Transaction value of Patient Square Capital's agreement to acquire Patterson Companies, Inc.
- $280M – Value of Community Health Systems' sale of a facility to Duke Health.
- $64.4M – Deal value for Suven Pharmaceuticals acquiring NJ Bio, Inc.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TT Capital Partners LLC | Private Equity Firm | Company | Compiled and reported the weekly summary of healthcare M&A activity. |
| Access Physical Therapy & Wellness | Acquirer | Company | Acquired Physical Therapy Associates of Schenectady. |
| Community Health Systems, Inc. | Seller | Company | Sold a facility to Duke Health. |
| Duke Health | Acquirer | Company | Acquired a facility from Community Health Systems for $280M. |
| Goldman Sachs Alternatives | Acquirer | Company | Acquired Center for Social Dynamics. |
| TripleTree | Financial Advisor | Company | Served as exclusive financial advisor to Nationwide Medical. |
| Patient Square Capital | Acquirer | Company | Agreed to acquire Patterson Companies, Inc. |
| NVIDIA | Acquirer | Company | Acquired VinBrain, an AI-focused healthcare company. |