Southeast Anesthesiology Consultants
We are pleased to announce that Brookwood Associates advised the shareholders of Southeast Anesthesiology Consultants on the sale of the Company to MEDNAX, Inc. (NYSE: MD). The current management team will continue to operate the business going forward. SAC is a leading physician group practice with over 90 physicians providing anesthesia care, pain management services, and quality management IT solutions to hospitals, ambulatory surgery centers, and pain management centers. SAC’s deep clinical expertise and scalable physician management operations were highly attractive attributes to potential acquirors.
This transaction, which comprised one of the largest in the outsourced physician services sector, extends Brookwood’s substantial experience in healthcare. Outsourced anesthesiology services is a highly attractive sector to acquirors, while consolidation in hospital-based physician services continues to gain momentum as physicians seek scale advantages. Transaction activity in healthcare IT also remains brisk as providers and payers seek to improve patient outcomes and lower costs by leveraging new information technology.
|
Download the PDF
"Brookwood brought enormous value to our transaction. Throughout the entire process, the Brookwood Associates team provided intelligent advice, demonstrated sound judgment and had a sincere interest in the achievement of our objectives. Brookwood had strong healthcare industry knowledge, managed an excellent transaction process and enhanced value during the negotiations. Brookwood’s performance as our company’s advisor was outstanding, and we could not have achieved the final outcome without their significant contributions. We could not have asked for a better partner."
Dr. Richard Gilbert CEO, Southeast Anesthesiology Consultants
|