Mergers & Acquisitions

HealthDrive Acquired by Cressey & Company

HealthDrive NT
United States

M&A Engagement Overview

Industry Group: Healthcare & Life Sciences 
Areas of Focus: Providers; Primary Care; Multi-Specialty/Other Specialty PPM 

Harris Williams advised HealthDrive, a portfolio company of Bain Capital Double Impact Fund, on their sale to Cressey & Company.

We are thrilled to have represented HealthDrive and enjoyed working with Bain Capital Double Impact Fund and the management team on this transaction. High quality providers of primary care and other multi-specialty physician services to the growing senior population are attractive to investors, and HealthDrive's model is uniquely differentiated in the market.


Headquartered in Framingham, Massachusetts, HealthDrive is a leading multi-specialty clinical services organization providing high quality primary care, dentistry, optometry, podiatry, audiology, and behavioral health to patients residing in long-term care facilities.


Demographic trends for seniors support long-term care facilities as a critical care delivery setting, and this combined with the growing need to partner with leading providers for the delivery of on-site primary care and other physician services drove strong investor interest.

The company's high quality care delivery model and reputation for being a best-in-class employer to healthcare providers offers a differentiated growth opportunity. New investor Cressey & Company brings meaningful healthcare services investing experience to HealthDrive to support their strong growth trajectory.

Contact the Harris Williams Healthcare & Life Sciences Group to learn more about this transaction.