Solaris Health announced that it has continued its acquisition streak of 2023 having completed its fourth transaction. It has expanded its presence in Michigan with the acquisition of Urologic Consultants, a five-provider practice.
Urologic Consultants provides urology care to all ages from four locations in Michigan. According to its website, its five physicians are supported by a team of six employees.
Solaris Health, a portfolio company of private equity firm Lee Equity Partners, 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 located in 13 states.
Holland & Knight LLP served as legal counsel to Solaris. Dickinson Wright PLLC served as legal counsel to Urologic Consultants. The financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition marks the 486th Physician Medical Groups transaction of the year, and the sixth in the urology specialty.
