Mergers and acquisitions

News about M&A activity in the Pee Dee

HopeHealth acquires pediatric practice

Florence-based healthcare services provider HopeHealth Inc. has acquired Eastern Carolina Pediatric Associates. HopeHealth said in a statement Monday that the acquisition “expands access to trusted pediatric care in Florence and Darlington counties, while preserving the relationships families have established with their providers ...”

Healthcare

‘I’m a purpose-driven leader.’ — An interview with Rick Saunders

“I never wanted to be an entrepreneur,” says Rick Saunders, 66. “It was not part of my life's ambition to be a bank CEO. I was perfectly fine being a banker to the community.”

People

First Reliance to be acquired by GA company in $163M deal

Colony Bankcorp Inc. will acquire 100% of Florence-based First Reliance Bancshares Inc. stock in a stock-and-cash transaction worth about $163 million.

Finance

MUSC Health acquires Palmetto Primary Care for $111M

MUSC Health has acquired North Charleston-based Palmetto Primary Care Physicians for $111 million, according to a statement Tuesday. Palmetto Primary Care, formed in 1996, is "the state’s largest independent multispecialty care practice," the statement said. It has 31 physicians, 95 advanced practitioners and 40 medical practices, with physical therapy, urgent care and other clinics in the Lowcountry, Midlands and Myrtle Beach.