Solaris Health, a portfolio company of private equity firm Lee Equity Partners, announced on October 3 that Urologic Specialists of Northwest Indiana has joined as an affiliate. According to data captured in the LevinPro HC database, this transaction represents the 411th Physician Medical Groups transaction of the year, and the fifth in the urology specialty.
Urologic Specialists of Northwest Indiana provides state-of-the-art urological services with a strong emphasis on patient education. According to its website, Urologic Specialists has 12 providers on staff, caring for more than 22,000 patients annually.
Solaris Health is a national healthcare platform committed to enhancing access to specialty health care. The group was formed in June 2020 when Lee Equity Partners purchased and merged Integrated Medical Professionals and The Urology Group. Solaris aligns the skills and talents of more than 625 providers who annually care for more than 885,000 unique patients across 13 states.
McDermott Will & Emery LLP served as legal counsel to Solaris. Katten Muchin Rosenman LLP served as legal counsel to Urologic Specialists of Northwest Indiana and Physician Growth Partners LLC acted as its financial advisors. Financial terms of the deal were not disclosed.
