Deal Announcements

Transaction Advisory– GrapeTree Medical Staffing, one of the fastest growing and largest nurse staffing providers in the Midwest, has completed a recapitalization with New MainStream Capital. GrapeTree’s service offering includes CNA staffing in nursing homes and assisted living facilities, as well as LPNs and RNs in hospitals.

Transaction Advisory-Waud Capital has made an investment in Adult & Pediatric Dermatology. APDerm® offers complete medical, surgical, and cosmetic skincare for patients of all ages, from newborns to the elderly out of 10 clinical locations in New Hampshire and Massachusetts.

Transaction Advisory– Pain Specialists of America, LLC has acquired the nonclinical assets of Central Texas Pain Center and Pain Specialists of Austin, two of the leading comprehensive pain management practices serving patients in central and north Texas. PSA is a portfolio company of CommonView Capital, LLC.

Transaction Advisory– New West Physicians, PC has been acquired by Optum, Inc., a subsidiary of UnitedHealth Group. New West, one of the largest physician practices in the Denver area, provides primary care services to over 200,000 patients through 120 healthcare providers.

Transaction Advisory– DermAssociates, PC has completed a recapitalization with an undisclosed strategic partner. DermAssociates is a comprehensive provider of medical, surgical, and cosmetic dermatologic care to patients at its two locations in Rockville and Silver Spring, Maryland.

Transaction Advisory-Southeastern Spine Institute, LLC has completed a recapitalization with Candescent Partners, LLC. SSI is the largest medical practice in South Carolina exclusively specializing in spine care.

Transaction Advisory– Women’s Health Care Group of PA has completed a recapitalization with Audax Private Equity. WHCGPA’s caregivers include general obstetricians and gynecologists, as well as other specialized providers.

Transaction Advisory– Air Medical, LLC has been acquired by AirMed International, LLC, a subsidiary of Air Medical Group Holdings. AMGH is a portfolio company of KKR & Co. L.P. Air Medical is a CAMTS (Commission on Accreditation of Medical Transport Services) accredited air medical service that provides emergency air transport to the citizens of Texas and beyond.

Transaction Advisory– Minnesota Eye Consultants, PA has completed a recapitalization with Waud Capital Partners, LLC to form United Vision Partners Holdings, LLC. MEC is a provider of primary eye care and surgical eye care services in the Minneapolis-Saint Paul metropolitan area.

Transaction Advisory– Sunshine Radiology, LLC has been acquired by The Physician Services business of Envision Healthcare, marking the fourth physician group that has joined Envision Healthcare in the past 30 days.

Transaction Advisory– Desert Mountain Consultants in Anesthesia, P.C. (DMC) has been acquired by Sheridan Healthcare. DMC provides anesthesia and pain services at thirteen locations in Phoenix, Arizona.

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”