Case Study: Practice Partners

Practice Partners LLC logo

Deal Synopsis

Overview

  • We were retained by Practice Partners to raise growth capital

About Practice Partners

  • Invests in and manages ambulatory surgery centers primarily in the Southeast and Midwest U.S.

Transaction Outcomes

  • Practice Partners received $7.3M in equity financing from HealthCor Partners over two stages
  • HealthCor Partners is an affiliate of HealthCor Management, L.P., which has collectively approximately $3.0 billion in assets under management
  • As a result of the financing, Practice Partners grew its operations from five centers to nine, with four additional centers in development

Our Role

Strategy

  • We played a crucial role in executing the acquisitive part of Practice Partners’ long-term strategic growth plan

Execution

  • We identified over 30 potential investors interested in investing in Practice Partners. We subsequently found viable acquisition targets for the company