Amulet Capital Partners, LP, a middle-market private equity investment firm focused exclusively on the healthcare sector, announced on November 29 its acquisition of United Vein & Vascular Centers (UVVC).

UVVC will continue to be led by founder and CEO Dr. Gamal Wazni and the existing management team. Amulet will work with management to grow UVVC’s network of office locations and service mix in both existing and new markets and provide care for more complex lower extremity vascular conditions.

Established in Tampa, Florida in 2014, UVVC is a provider of vascular care treatment services. UVVC operates across more than 30 clinical locations in Florida, Chicago, Colorado and Arizona, with plans to add more locations in both new and existing markets. Financial terms of the transaction were not disclosed.

Amulet Capital Partners’ target investment size is generally between $25 million and $150 million.

According to the LevinPro HC database, this marks the 547th Physician Medical Group (PMG) acquisition in 2022, and the second in the vascular subsector. This is an increase over last year when there were 411 PMG deals and no vascular transactions between January, 1, 2021, and November 29, 2021.