JUCM News readers know that spring—and now summer, officially—has been a hot season for mergers and acquisitions in the urgent care marketplace. Every week brings news of one deal after another. This week comes news that UrgentMED is buying Urgent Care 3D and its locations in Carlsbad, Rolling Hills Estates, Rancho Santa Margarita, Orange, and Long Beach, California. Once the deal is done, UrgentMED will have 43 locations across Southern California, including its first in San Diego County. UrgentMED itself was taken over by the private investment firm Quilvest in December, with UrgentMED’s cofounders remaining part of the ownership. The current issue of JUCM features an article explaining the appeal of urgent care operations to outside investors. You can read Why Private Equity and Other ‘Smart Money’ Is Bullish on Brick-and-Mortar Urgent Care in our archive right now.
Ongoing Acquisition Season Heats Up Southern California