A Look at Recent Transactions Shaping the Future of Healthcare
This week's article provides a summary of recent healthcare M&A news for April 9, 2025.
The healthcare industry is rapidly evolving, with the lines between the healthcare technology and services sectors blurring - creating the catalyst for innovation, transformation, and continued market activity. TripleTree's Healthcare M&A Weekly summarizes recent mergers, acquisitions, and investments shaping the future of healthcare.
To view previous healthcare M&A activity, please review last week's post: Healthcare M&A Weekly - April 3, 2025.
Active Day, a provider of adult day services and home care services acquired AllCaregivers, New Generations Home Care of Florence, and Goldencare, three providers of home care services throughout South Carolina. Read more about the acquisition here.
Artis BioSolutions, a company founded to streamline the discovery, development and production of genetic medicines, announced its launch, alongside an acquisition of Landmark Bio, a cell and gene therapy manufacturing company specializing in translational research, process development, and manufacturing technologies. View the announcement here.
AvaSure, the leader in AI-powered virtual care solutions, announced the acquisition of Nurse Disrupted, a nurse-founded virtual nursing platform designed to enhance care delivery across both hospital and home-based settings. Read more about the acquisition here.
Aveanna Healthcare, a home care platform, agreed to acquire Wakefield, Massachusetts-based pediatric home care provider Thrive Skilled Pediatric Care. Read the announcement here.
Beacon Health System, a nonprofit healthcare leader in northern Indiana and southern Michigan, signed a definitive agreement to acquire the Ascension healthcare system in southwest Michigan. Learn more about the agreement here.
Clearview Capital invested in Advantage Behavioral Health, a mental health treatment provider focused on outpatient programs across various levels of care. Read more about the investment here.
Dotmatics, a provider of scientific software that provides end-to-end solutions to connect science, data, and decision making for life sciences R&D, signed a definitive agreement to be acquired by Siemens AG for $5.1 billion. View the announcement here.
Hearing health pioneers Eargo and hearX, maker of Lexie hearing aids, have completed their merger, resulting in the creation of a combined company called LXE Hearing. Backed by an additional $100 million investment from Patient Square Capital, the deal creates a new hearing health company and is the first notable combination for the over-the-counter (OTC) hearing aid market since the FDA established the regulatory category in 2022. Learn more about the merger here.
The Ensign Group, a provider of skilled nursing and rehabilitative care services, acquired nursing and senior living facilities in California and Washington. Read the press release here.
Face Forward Aesthetics, an operator of medical spas in Ohio, Pennsylvania, Indiana, and Nevada, entered into a strategic partnership with Wildcat Capital Management. Click here for more on the strategic partnership.
HOPE Therapeutics, an interventional psychiatry network wholly owned by NRx Pharmaceuticals (Nasdaq: NRXP), signed a definitive agreement to acquire Dura Medical, a provider of interventional psychiatry procedures aimed at treating mental health and chronic pain. Read more about the agreement here.
Johnson & Johnson (NYSE: JNJ) completed its acquisition of Intra-Cellular Therapies, Inc. Intra-Cellular Therapies is now part of Johnson & Johnson and will operate as a business unit within Johnson & Johnson Innovative Medicine. Learn more about the acquisition here.
Neurona Therapeutics, a clinical-stage, privately-held, biotherapeutics company developing regenerative cell therapies for disorders of the nervous system, raised $102M. View the announcement here.
Novant Health, in collaboration with MedQuest Associates, has signed an agreement to acquire 18 OrthoCarolina imaging locations in a continued effort to enhance affordable imaging services across the Carolinas. Click here to learn more.
Phorcys Capital Partners, LLC acquired Hunt Trace Senior Living, a 114-unit assisted living community located just west of Orlando in Clermont, Florida. Learn more about the acquisition here.
RayThera, a biotechnology company focused on discovering and developing small molecule therapies in immunology, raised $110M in Series A funding. Read the press release here.
restor3d, a leader in 3D printed, personalized orthopedic implant care, secures $38M in growth capital. Click here to learn more.
Spectrum Vascular, a provider of vascular access and medication management products designed to reduce health care-acquired infections, announced a strategic investment by an affiliate of SK Capital Partners. Read more about the strategic investment here.
Thatch, a San Francisco, CA-based personalized health benefits platform, has raised $40M in a Series B round led by Index Ventures. View the announcement here.
Wellspring Capital Management acquired Summit Spine & Joint Centers, a provider of minimally invasive spine services in the southeastern US. Learn more about the acquisition here.
Transactions outlined in this summary highlight some of the key trends shaping the future of healthcare. Get the latest industry news from TripleTree every week.
This is a partial list of transaction activity across the healthcare industry and is not intended to be a complete listing. Transaction information was identified from various sources and TripleTree may or may not have acted as the financial advisor for the transactions listed. All product names, logos and brands are property of their respective owners. All company, product and service names used in this communication are for identification purposes only. Use of these names, logos and brands does not imply endorsement.
