US-based DaVita HealthCare Partners has signed an agreement to acquire Colorado-based Renal Ventures for $415m.

Renal Ventures runs 36 dialysis clinics in six US states.

The firm’s divisions, including Multispecialty Physician Partners and Physician Venture Partners, operate infusion and vascular centres in three states.

"Our commitment is, and will always be about enhancing the quality of life for our patients."

DaVita Kidney Care CEO Javier Rodriguez said: "We are excited to work with Renal Ventures’ patients, employees and physicians.

"Our commitment is, and will always be about enhancing the quality of life for our patients."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Renal Ventures CEO Larry Chatfield said: "Renal Ventures takes great pride in its culture of actively engaging our employees, patients and the communities we serve.

"In today’s changing healthcare environment, combining with DaVita, a patient-centric organisation, will benefit all of our stakeholders."

Credit Suisse served as financial advisor to DaVita, while Morrison & Foerster acted as lead counsel and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo acted as regulatory counsel to DaVita.

For Renal Ventures, Brownstein Hyatt Farber Schreck acted as lead counsel and Raymond James and Associates served as financial advisor.

DaVita Kidney Care, part of DaVita HealthCare Partners, provides a variety of healthcare services to patient populations across the US and abroad.

It operates 2,306 outpatient dialysis centres, of which 2,210 centres are situated in the US and 96 centres are located in ten countries outside the US.