On February 27, Provident Healthcare Partners, LLC announced that it advised Potomac Urology Center on its acquisition by an undisclosed buyer. The financial terms of the deal were not disclosed.
Potomac Urology Center is a urology practice with five locations in the Washington, D.C. MSA. According to its website, there are 11 physicians on staff who are supported by a team of four physician assistants.
Provident Healthcare Partners is an investment banking firm specializing in merger and acquisition advisory, strategic planning and capital formation for middle-market and emerging growth healthcare service companies. It is based in Boston, Massachusetts and was founded in 1998.
According to data captured in the LevinPro HC database, this marks the 69th Physician Medical Group acquisition of 2025, and the first in the urology specialty. This also marks the third transaction that Provident has advised on in 2025 so far. Previously, it advised Hawaii Endodontics when it was acquired by MB2 Dental Solutions, and then an undisclosed buyer’s purchase of a Northeastern-based orthopaedic practice. Additionally, in 2024 Provident advised on 16 transactions.
