Healthcare

Our professionals have extensive healthcare investment banking and operating experience that uniquely positions us to provide insightful investment banking services to middle-market healthcare companies.

In addition, the firm's principals have a successful record of accomplishment in the industry, with more than 50 acquisitions, affiliations and divestitures completed both in investment banking roles and in senior positions in healthcare organizations. Our firm applies this industry insight to understand the challenges faced by our healthcare clients as they work to deliver effective solutions.

Our healthcare focus includes the following sectors:

• Services
• Hospital Systems
• Ambulatory Surgery
• Dialysis Clinics
• Diagnostic Products and Services
• Anatomic, Clinical and Molecular Pathology Labs
• Dental and Orthodontic Practice Management
• Ancillary Service Providers
• Long-term Care
• Assisted Living and Skilled Nursing
• Home Health
• Information Technology
• Staffing
• Managed Care Organizations
• Pharmaceuticals
• Medical Devices
• Medical Equipment

The following are representative transactions completed by our professionals:

• Served as financial advisor to National Renal Alliance, Inc., a leading dialysis services company, in connection with a $17.7 million private placement of equity and debt.
• Served as financial advisor to Caregiver Services, Inc., a home health company, in connection with (i) a $24 million private placement of equity and debt and (ii) an acquisition.
• Served as financial advisor to SeniorHealth Incorporated, an operator of psychiatric and rehabilitation hospitals, in connection with a $7 million private placement of equity.
• Served as financial advisor to Tennessee Kidney Clinics, Inc., an operator of 11 dialysis clinics, in connection with its $27 million sale to DaVita, Inc. (NYSE: DVA).
• Served as financial advisor to HealthMont, Inc., a hospital management company that owns and operates non-urban hospitals, in connection with a $24.5 million private placement of equity and debt.
• Served as financial advisor to National Medical Solution, Inc., a leading provider of wound care services, in connection with a $4 million private placement of equity and the acquisition of a platform company.
• Served as financial advisor to CBLPath, Inc., a leading independent anatomic pathology lab company, in connection with a $3.5 million private placement of subordinated debt and equity and the acquisition of a platform company.
• Served as financial advisor to Physician Informatics, Inc. (d/b/a Practice One), a provider of practice management and electronic medical records (EMR) software for physician practices, in connection with an acquisition and a private placement of equity.
• Served as financial advisor to Ramsay Youth Services, Inc. (formerly, Nasdaq: RYOU), a provider of at behavioral health, educational, and detention services for at-risk youth, in connection with a $10 million private placement of subordinated debt. The Company has since been acquired by Psychiatric Solutions, Inc. (Nasdaq: PSYS).