Consolidating balance sheet minority interest
“Edgemont’s deep healthcare industry knowledge and transaction experience gave us confidence that NEA’s shareholders would achieve an outstanding result,” said Dr. “Jeff’s relentless commitment to physicians and intimate understanding of the emergency medicine business resulted in a great transaction for NEA’s shareholders.” Dr.Larry Brannam, President of NEA, said, “Edgemont’s expert advice and guidance throughout the highly competitive sale process gave NEA’s shareholders comfort in knowing that the practice is joining a partner that will provide the resources necessary to serve the patients in our community.We are grateful to the Edgemont team for its expert advice and guidance throughout the sale process.” Edgemont’s role as NEA’s exclusive M&A advisor is the firm’s eleventh closed transaction on behalf of hospital-based physician groups and management companies and fifth in Emergency Medicine.Edgemont has served as exclusive advisor to Emergency Medicine practices and management companies representing over five million annual emergency room visits.“Right from the start, Jeff and the Edgemont team demonstrated a strong understanding of the Emergency Medicine business and a real commitment to providing great service and the right advice,” said Dr. “Edgemont’s market insight and strong execution resulted in a great transaction for FEP’s shareholders, with a partner that will provide the tools and resources to better serve the emergency medicine needs of Orlando.
FEP is the largest independent Emergency Medicine physician group in the state of Florida and has served the Florida Hospital system for over 45 years.
Larry Brannam President Northside Emergency Associates NEW YORK and BURBANK, CA, May 31, 2017 – Edgemont Capital Partners, LP, a leading independent investment banking firm, today announced that it served as exclusive financial advisor to Skin & Beauty Center, Inc. The investment by Gemini Investors further cements SBC as the leading dermatology provider in the Los Angeles area, and provides support for an acceleration of the company’s expansion in Los Angeles and surrounding markets. Mitchell, Managing Director, and leader of Edgemont’s efforts with office-based physician services groups, led the Edgemont engagement team, along with associate Vitaliy Marchenko and analyst Taylor Grant. Mitchell stated, “We are honored to have played a significant role in this transaction and we are confident this will be a very successful partnership between Doctor Saadat, Doctor Vadmal, and Gemini Investors. The firm’s principals have closed over 100 healthcare transactions, representing more than billion in value.
(“SBC”) in its recapitalization by Gemini Investors. The combination of the founders’ vision and passion for delivering excellent clinical care and patient satisfaction, and Gemini Investors’ long track record of supporting high growth companies with strong management teams, will result in one of the leading dermatology services platforms in the country.” The recapitalization of SBC is Edgemont’s twelfth closed transaction on behalf of physician groups, clinics and practice management companies. About Skin and Beauty Center Founded in 2006, Skin & Beauty Center is the largest full-service cosmetic, medical and surgical dermatology provider in Northern Los Angeles, California. About Gemini Investors Founded in 1993, Gemini Investors is a Massachusetts-based investor in lower middle market companies. For more information on Edgemont Capital Partners, L.
P., a leading independent healthcare investment banking firm providing merger and acquisition advisory services to healthcare companies, today announced that it acted as exclusive financial advisor to Florida Emergency Physicians Kang & Associates, M. (“FEP”) in the sale of the company to Team Health Holdings Inc. The transaction closed on October 1, 2016 and was led by Jeff Swearingen, Managing Director, Co-founder of Edgemont, and Head of the Firm’s Physician Services Group and Luke Mitchell, Managing Director.
Based in Orlando, Florida, FEP is the exclusive emergency medicine staffing provider for 11 facilities spanning five counties within the Florida Hospital health system.