U.S. Foot & Ankle Specialists, a portfolio company of private equity firm NMS Capital, has acquired three podiatry practices. Terms of the deal were not disclosed.
Acquired in the deal was Mid-West Podiatry & Associates, which has four locations in the St. Louis MSA. Mid-West Podiatry & Associates is equipped to treat a full range of foot and ankle conditions, ranging from ingrown toenails, bunions, calluses and warts, to chronic conditions that include plantar fasciitis, neuropathy, ankle sprains and more. The practice also provides custom orthotics support and assistance for diabetic wound care.
Foot Specialists of Kansas City was also acquired. It operates three clinics in Kansas and Missouri.
Also acquired was First Choice Ankle & Foot Care Center, which operates two podiatry clinics in Shelbyville and Frankfort, Kentucky. The practice treats medical and surgical conditions of the foot and ankle, including heel pain, diabetic foot care, fractures and bunions.
U.S. Foot & Ankle Specialists (USFAS) provides treatment of foot and lower extremity conditions. Headquartered in Rockville, Maryland, USFAS provides services through a network of more than 100 offices in Maryland, Virginia, Pennsylvania, North Carolina, West Virginia, Ohio, New Jersey, Delaware, Illinois, Missouri, Florida and Washington, D.C., with more than 150 board certified podiatrists.
According to data captured from the LevinPro HC database, this acquisition marks the second podiatry practice deal of 2023. There were 18 podiatry practice transactions in 2022.
