M&A Deal Summary

U.S. Foot & Ankle Specialists Acquires Lakeforest Foot and Ankle

On April 6, 2022, U.S. Foot & Ankle Specialists acquired healthcare services company Lakeforest Foot and Ankle

Acquisition Highlights
  • This is U.S. Foot & Ankle Specialists’ 15th transaction in the Healthcare Services sector.
  • This is U.S. Foot & Ankle Specialists’ 15th transaction in the United States.
  • This is U.S. Foot & Ankle Specialists’ 1st transaction in Maryland.

M&A Deal Summary

Date 2022-04-06
Target Lakeforest Foot and Ankle
Sector Healthcare Services
Buyer(s) U.S. Foot & Ankle Specialists
Deal Type Add-on Acquisition

Target

Lakeforest Foot and Ankle

Gaithersburg, Maryland, United States
Lakeforest Foot and Ankle Center serves Maryland patients in Montgomery County, Prince George’s County, and Northern D.C., with locations in Gaithersburg, Suitland, Rockville, and Bethesda. Founded in 1980 and is based in Gaithersburg, Maryland.

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Buyer(S) 1

Buyer

U.S. Foot & Ankle Specialists

Rockville, Maryland, United States

Category Company
Founded 2011
Sector Healthcare Services
DESCRIPTION

U.S. Foot & Ankle Specialists is a provider of podiatric services providing a full range of specialty services for the advanced treatment of foot and lower extremity conditions. U.S. Foot & Ankle Specialists was founded in 2011 and is based in Rockville, Maryland.


DEAL STATS #
Overall 15 of 34
Sector (Healthcare Services) 15 of 34
Type (Add-on Acquisition) 15 of 34
State (Maryland) 1 of 1
Country (United States) 15 of 34
Year (2022) 5 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-06 Foot Care Center

Winchester, Virginia, United States

Foot Care Center is owned by Drs. James Arnold and Rhonda Davis. The practice operates three locations in Northern Shenandoah Valley of Virginia and West Virginia, including Winchester, Woodstock, and Charles Town. Foot Care Center was founded in 1985 and is based in Winchester, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 Delaware Foot and Ankle Group

Newark, Delaware, United States

Delaware Foot and Ankle Group provides cutting-edge podiatric diagnostic and treatment options to patients across Delaware, Maryland, Pennsylvania, and New Jersey. The practice treats a comprehensive range of podiatric concerns, including common issues like ingrown nails and warts, as well as complex rearfoot procedures, ankle surgeries, and limb salvage procedures. Formed in 1987, Delaware Foot and Ankle Group currently operates three offices in Newark, Christiana, and Wilmington, along with a new office in Middletown.

Buy -