U.S. Orthopaedic Partners (USOP), backed by private equity firms FFL Partners and The Thurston Group, acquired Bienville Orthopaedic Specialists in Gautier, Mississippi. The transaction was announced on Aug. 18 and marks the ninth acquisition for USOP since it formed in Oct. 2020 and brings USOP’s presence in Mississippi to 96 orthopedic providers. Terms of the deal were not disclosed.
Serving the lower six counties of Mississippi, Bienville Orthopaedic Specialists is one of the largest orthopedic providers on the Mississippi Gulf Coast. The company was founded in 1981 and has five locations. Bienville Orthopaedic Specialists consists of 32 providers (17 physicians and 15 physician extenders), offering full-service orthopedic care in the specialties of hand and wrist, shoulder and elbow, spine, joint replacements, foot and ankle, sports medicine and pain management.
Headquartered in Jackson, Mississippi, USOP is an orthopedic care platform that provides the full continuum of musculoskeletal treatment to patients in the Southeastern U.S. The USOP platform partners with industry-leading practices to deliver insight, tools, resources, training, education and access to leading-edge technologies. USOP supports more than 170 providers across 39 locations in Alabama and Mississippi.
The announcement follows USOP’s acquisitions of Montgomery, Alabama-based Southern Orthopaedic Surgeons in February and Huntsville, Alabama-based SportsMED Orthopedic Surgery & Spine Center in May.
According to the LevinPro HC database, this marks the 364th Physician Medical Group deal of 2022, a 34.8% increase from the same period in 2021 when 270 deals were announced. There have been 21 transactions announced in the orthopedic subsector during 2022, 66.7% of which were made by private equity firms or their portfolio companies.
