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New Deal


Announced

Silver Oak Services-backed ION to acquire cCARE.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Health Care Services

Domestic

Private

oncology care

Majority

Pending

Private Equity

United States

Friendly

Single Bidder

Acquisition

Synopsis

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Silver Oak Services-backed Integrated Oncology Network, a provider of oncology center development, management, advisory services and capital for physician practices and hospitals, agreed to acquire California Cancer Associates for Research & Excellence, an operator of an oncology practice committed to providing oncology care through a network of providers who are focused on outcomes, research and personalized care. Financial terms were not disclosed. "cCARE has established an outstanding reputation throughout Southern and Central California due to the strength and quality of its physician base and proven ability to deliver exceptional patient outcomes. We are thrilled to partner with the cCARE team and to build upon ION's mission to deliver comprehensive, community-based care within the markets we serve," Josh Johnson, ION CEO.

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