Outsourced Pharma Services & Pharma Tech Q2 2025

Healthcare & Life Sciences

Technology

Person analyzing chemical experiment by tablet in modern lab

Outsourced Pharma Services & Pharma Tech Sector Brief LI web-media

Behavioral Health: Greater Need for Care, Rising M&A Momentum

HCLS Article Behavioral Health M&A Momentum LI web-media

Unison Therapy Services: The Intersection of Behavioral Health and School Systems

HCLS TECH Article Unison Therapy Services LI web-media

The 2025 Medical Spa Show: A Large Market With Many Ways to Participate

Consumer

CONS HCLS Article AmSpa Post-Event LI Web Media

Employer Health: Demand for Alternative Approaches Sparks M&A

HCLS Article SIIA Spring Forum Post-Event LI web-media

Medical Products & Devices Q1 2025

Medical Products & Devices Sector Brief LI web-media

HCIT: ViVE and HIMSS Highlight Key Opportunities

HCLS TECH Article ViVE & HIMSS Post-Event LI web-media

Medical Products & Devices: FORLIFE Exemplifies Consumables Opportunity

HCLS Article ForLife LI web-media

Healthcare IT Q1 2025

Closeup shot of an unrecognizable doctor using a digital tablet in a hospital

HCIT Sector Brief LI web-media

Medical Device CMOs: Improving Volume Trends at MD&M West

Industrials

HCLS IND Article MD&M West LI web-media

Ontellus to Be Acquired by Datavant

Mergers & Acquisitions

Business Services

Professional & Tech-Enabled Services

6641 Ontellus NT PENDING

Mercalis Merges With PharmaCord

Outsourced Pharma Services

HCIT

6381 Mercalis NT

Waud Capital Partners Completes Junior Capital Raise for Unifeye Vision Partners

Private Capital Solutions

Providers

6804 Unifeye Vision Partners - NT

Perimeter Healthcare Acquired by a Private Investor

5652 Perimeter Healthcare NT

HITRUST Receives Growth Investment From Brighton Park Capital

Defense and Space

6257 HITRUST NT SP

Unison Therapy Services Acquired by Ascend Capital Partners

Vertical Software

6519 Unison Therapy Services NT

Prescott’s Acquired by Morgan Stanley Capital Partners

6144 Prescott-s Inc. NT

Arlington Capital Partners Acquires TEAM Technologies

6745 Arlington Capital Partners - TEAM Technologies NT

FORLIFE Acquired by Duke Street

Medical Products and Devices

6023 GHD Group NT

Eventus WholeHealth Acquired by General Atlantic

6382 Eventus Whole Health NT

Evoco Private Equity Completes Co-Investment Vehicle Syndication​

PCA 6608 Evoco NT

Genetics & IVF Institute Acquired by Amulet Capital Partners 

6113 Genetics and IVF Institute NT

MediQuant Receives Significant Growth Investment from Revelstoke Capital Partners

Horizontal Software

Technology and Data Services

6045 MediQuant NT

Irrimax Acquired by ARCHIMED

5859 Irrimax NT SP

nexeye Acquired by KKR from 3i

Consumer Multi-Site

6208 Nexeye NT PENDING

TPG Makes Significant Strategic Growth Investment in K2 Medical Research

6516 TPG Growth - K2 Medical Research SP

Caravel Autism Health Acquired By GTCR

6229 Caravel Autism Health NT

Vitalcare Acquired By Serafin

6024Vitalcare(ProjectVitruvius)-SQ-Peg

Compass Community Acquired by Cap10 Partners

6092 Compass Community NT SP

VMG Health Partners with Incline Equity Partners

6292 VMG Health NT

Gauge Capital Partners With Lucent Health

Payer Tech & Services

6504 Gauge Capital - Lucent Health NT SP

EHOB, Inc. Acquired by RoundTable Healthcare Partners

5588 EHOB NT SP

IntegriChain Acquired by Nordic Capital   

5991 IntegriChain NT

Persistence Capital Partners Completes Continuation Vehicle for MedSpa Partners​

PCA Persistence Capital Partners NT

ABS Capital Completes Continuation Vehicle​

6154 ABS Capital NT

Crowe Healthcare Consulting Receives Majority Investment From TPG

United States

5949 Crowe Healthcare NT

S&S Health

6278 S&S Healthcare Strategies NT

HealthDrive Acquired by Cressey & Company

HealthDrive NT

Greene Group Industries Acquired by Tinicum LP

5870 Greene Group Industries NT

Kelso & Company Acquires Valenz® Health

6078 Valenz Health NT

Ovation Fertility Merged With US Fertility

5857 OvationFertility NT

Amulet Capital Partners Acquires Alliance Clinical Network

5845 Alliance Clinical Network NT

Rhythmlink

5944 Rhythmlink NT

The InterMed Group

5737 InterMed - Project Visor - NT

Pharmalex

Germany

5543 Pharmalex (Project I) NT

QualDerm

5722 QualDerm Partners LLC NT

Celerion

5516 Celerion NT

Bradford Health Services

5520 Bradford Health Services NT

The CM Group

5679 The CM Group

Harris Williams advised People, Pets & Vets, a portfolio company of Cressey & Company, on its sale to VetCor, a portfolio company of Harvest Partners and Cressey & Company. People, Pets & Vets is a veterinary services company with general practice veterinary clinics across the U.S.

People, Pets & Vets

5589 People, Pets & Vets (Project Steamboat) NT

Harris Williams advised Monte Nido & Affiliates, a portfolio company of Levine Leichtman Capital Partners, on its sale to Revelstoke Capital Partners. Monte Nido & Affiliates is a leading provider of eating disorder treatment services.

Monte Nido & Affiliates

Harris Williams advised Jordi Labs on its sale to RQM+, a portfolio company of Linden Capital Partners. Jordi Labs is a leader in analytical chemistry testing, delivering a full suite of regulatory, investigative, and related services to the medical device, pharmaceutical, and other industries.

Jordi Labs

5663 Jordi Labs NT

Harris Williams advised West Coast Dental on its sale to Court Square Capital Partners. West Coast Dental is an established and successful DSO, which was founded in 1991 and has grown to 40 full-service dental centers across the greater Los Angeles area, providing end-to-end, whole family dentistry comprised of general and specialty services including orthodontics, pedodontics, periodontics, endodontics, implants, and oral surgery.

West Coast Dental

5707 West Coast Dental NT

Harris Williams advised Dermatologists of Central States, a portfolio company of Sheridan Capital Partners, on its sale to SkyKnight Capital. Dermatologists of Central States is one of the leading dermatology practices in the U.S.

Dermatologists of Central States

4541 docs dermatologists of central states NT

Harris Williams advised Cerberus on its acquisition of a Clinical Trial Site Management Platform.

Clinical Trial Site Management Platform

5569_artc_project_atlantic_cerberus.png

Harris Williams advised STAXS©, a portfolio company of Silverfleet Capital, on its sale to Franz Haniel & Cie. GmbH. STAXS© is a leading value-add distributor of cleanroom consumables to the life science industry in the Benelux.

STAXS

The Netherlands

5551_staxs_project_purity.png

Harris Williams advised Lifemark Health Group, a portfolio company of Audax Group, on its sale to Loblaw Companies Limited, on behalf of its wholly owned subsidiary Shoppers Drug Mart. Lifemark is the leading provider of outpatient physiotherapy, massage therapy, and occupational therapy as well as chiropractic, mental health, and other ancillary rehabilitation services through its approximately 300 clinics across Canada.

Lifemark Health Group

Canada

4758_lifemark.png

Harris Williams advised Ivy Rehab Network on its sale to funds affiliated with Waud Capital. Ivy Rehab is a national leader in outpatient musculoskeletal and pediatric rehabilitative services with a rapidly growing network of best-in-class outpatient physical, occupational, speech therapy, and ABA clinics located throughout the Northeast, Midwest, and Southeast regions of the United States. 

Ivy Rehab Network

5091_ivy_rehab_project_collins.png

Harris Williams advised Morgan Stanley Capital Partners on its acquisition of SpendMend. SpendMend is a provider of technology-enabled profit recovery and cost containment solutions for healthcare systems.

SpendMend

5600_spendmend.png

Lyniate

5577 Lyniate NT

Harris Williams exclusively advised Forefront Dermatology, a portfolio company of OMERS Private Equity, on its sale to Partners Group. Forefront is the largest dermatology group practice in the U.S., with more than 200 locations and 400+ providers across 22 states and Washington D.C.

Forefront Dermatology

5369_forefront_dermatology_project_catalyst.png

Harris Williams advised Medical Knowledge Group, a portfolio company of Court Square, on its sale to Novo Holdings. Medical Knowledge Group is an analytics-driven drug commercialization platform serving the biopharmaceutical industry.

Medical Knowledge Group

5490_medical_knowledge_group_mkg.png

Harris Williams advised Alliance Animal Health, a portfolio company of LightBay Capital, on its sale to L Catterton. Alliance Animal Health is a leading platform of general and emergency hospitals across the United States with a unique JV partnership model.

Alliance Animal Health

5482_alliance_animal_health.png

Harris WIlliams advised CenterPointe Behavioral Health System (CBHS), a portfolio company of NaviMed Capital, Health Enterprise Partners, and Siguler Guff & Company, on its sale to Acadia Healthcare. CBHS is a leading regional platform of inpatient and outpatient behavioral health services.

CenterPointe Behavioral Health System

5419_centerpointe_behavioral_health_system_llc.png

Harris Williams advised TTG Imaging Solutions, a portfolio company of Chartwell Investments Entrepreneur & Founder Capital, on its sale to Sentinel Capital Partners. TTG Imaging Solutions is a leading provider of nuclear medicine and molecular imaging equipment services.

TTG Imaging Solutions

5328_ttg_imaging_solutions_project_insignia.png

Harris Williams advised Resurgens Orthopaedics on its partnership with Welsh, Carson, Anderson & Stowe. Resurgens Orthopaedics is one of the largest and most developed orthopaedic platforms in the nation, with nearly 100 physicians and 25 locations across the greater Atlanta area.

Resurgens Orthopaedics

Austria

5422_resurgens_2021.png

Crossroads Treatment Centers

4412 Crossroads Treatment Center NT

Harris Williams advised Agape Care Group, a portfolio of The Vistria Group, on its sale to Ridgemont Equity Partners. Agape Care is a leader in hospice and palliative care in the Southeast.

Agape Care Group

5384_agape_care_group_project_arrow.png

Harris Williams advised Community Based Care, a portfolio company of Jefferson River Capital, on its sale to Martis Capital. Community Based Care is a provider of elder and disabled care service, the company provides programs and support for individuals with intellectual, developmental and physical disabilities from birth to the end of life.

Community Based Care

5228_community_based_care.png

Harris Williams advised Heart of Hospice, LLC, a portfolio company of EPI Group, LLC, on its sale to LHC Group, Inc.

Heart of Hospice

5241_project_benatar_heart_of_hospice.png

Harris Williams advised Homecare Holdings, a portfolio company of The Edgewater Funds, on its sale to Nautic Partners and The Vistria Group. Homecare Holdings is a leading provider of home health services in the Southeast and Southwest regions of the U.S.

Homecare Holdings

5233_homecare_holdings_project_bridgestone.png

Harris Williams announces it advised CCRM (Colorado Center for Reproductive Medicine) Fertility, a portfolio company of TA Associates, on its strategic partnership with Unified Women&#39;s Healthcare, a portfolio company of Altas Partners and Ares Management Corporation. CCRM Fertility is one of the nation&rsquo;s leaders in fertility care and research.

CCRM Fertility

4754_ccrm_project_swaddle.png

Harris Williams advised RQM+, a portfolio company of DFW Capital Partners and Chartwell Investments Entrepreneur & Founder Capital (Chief Capital), on its sale to Linden Capital Partners. RQM+ provides regulatory and quality consulting and engineering for medical devices, in vitro diagnostics and combination products.

RQM+

5282_rqm.png

Harris Williams advised an affiliate of H.I.G. Capital (H.I.G.) on its acquisition of CORA Health Holdings Corp. and its subsidiaries, doing business as CORA Physical Therapy. CORA Physical Therapy is a leading operator of outpatient physical and occupational therapy clinics.

CORA Physical Therapy

5414-cora-physical-therapy.png

Harris Williams advised American Dental Partners (ADPI), a portfolio company of JLL Partners, on its sale to Heartland Dental, a portfolio company of KKR. ADPI is one of the largest dental practice management companies in the United States.

American Dental Partners

4785-american-dental.png

Harris Williams advised Transaction Data Systems (TDS), a portfolio company of GTCR, on its sale to BlackRock Long Term Private Capital. TDS is a leader in pharmacy software solutions and services.

Transaction Data Systems

transaction-data-systems.png

Overview

Engagements

Insights