Elevate ENT Partners, backed by private equity firm Audax Private Equity, announced on October 2 its acquisition of North Florida Center for Otolaryngology.
Since 1990, North Florida Center for Otolaryngology has offered otolaryngology and head and neck surgery services to the St. Augustine, Florida community. According to its website, the practice has three providers offering care across two locations.
With more than 80 otolaryngology centers and 130 physicians, Elevate ENT Partners invests in private ear, nose and throat (ENT) and allergy practices across the United States. It provides scalable infrastructure to help practices reach the next level in terms of financial management, marketing, contracting, human resources and other business disciplines.
This transaction follows Elevate’s August 2023 acquisition of San Antonio Head & Neck Surgical Associates in Texas. Financial terms of both deals were not disclosed.
According to data captured in the LevinPro HC database, this acquisition represents the 411th Physician Medical Groups transaction of the year, and the 15th in the ENT specialty. Elevate ENT has made eight acquisitions in the ENT space since 2021.
