Solaris Health Adds Urologic Specialists of Northwest Indiana
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... Read More »
Solaris Health Acquires UroPartners, Lowcountry Urology Clinics
Solaris Health, a portfolio company of private equity firm Lee Equity Partners, has acquired UroPartners and Lowcountry Urology Clinics. Terms of both deals were not disclosed. The addition of UroPartners and Lowcountry Urology Clinics means that Solaris now aligns the skills and talents of more than 600 providers who annually care for more than 850,000 unique patients located in 12 states. 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. Melrose Park, Illinois-based UroPartners is the Midwest’s... Read More »
Lee Equity Partners Forms New Urology Group
Lee Equity Partners (LEP) announced on June 17 the acquisition of Integrated Medical Professionals (IMP) and The Urology Group (TUG) to form Solaris Health, a management services organization. According to the release from LEP, it will be one of the nation’s largest providers of urological and other specialty services. LEP plans to use Solaris Health as the foundation for a national platform that attracts leading independent urological partners. For the two practices, LEP spent roughly $240 million, according to sources cited in PE HUB. TUG and IMP have combined estimated revenue of $270 million and $25 million in EBITDA. IMP is a urology-centric multi-specialty practice with 81... Read More »
Summit BHC Moves into Colorado
It’s been some time since we heard about Summit BHC. There’s a good reason, too. It hasn’t announced an acquisition since October 2018. Now comes news the firm has moved into Colorado, making its first acquisition in the state. On January 22, the company added Peak View Behavioral Health, a 112-bed acute psychiatric and behavioral health hospital in Colorado Springs. Financial terms were not disclosed. Summit was founded in 2013 to develop and operate a network of addiction treatment and behavioral health centers throughout the United States. Flexpoint Ford LLC made a controlling investment in the Franklin, Tennessee-based firm in 2015 and exited in October 2017 to Lee... Read More »Schedule a demo
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