Navigation Links
Ambulatory Services of America, Inc. Announces Investment by Lindsay Goldberg
Date:5/20/2008

NASHVILLE, Tenn., May 20 /PRNewswire/ -- Ambulatory Services of America, Inc. today announced that Lindsay Goldberg has invested $75 million in Ambulatory Services of America. ASA will use the funds to close several identified acquisitions and to enable its growth strategy.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071218/CLTU087LOGO )

Ambulatory Services of America was founded in 2006 to provide alternate-site health care services in partnership with physicians. In December 2007, ASA completed the acquisition of Innovative Dialysis Systems and related dialysis joint ventures, which provided care to more than 3,000 patients with end-stage renal disease through 35 dialysis programs. ASA is led by a management team with a strong record of success in health care services. Timothy Martin, President and Chief Executive Officer of ASA, was Executive Vice President and Chief Operating Officer of Renal Care Group, Inc. when Fresenius Medical Care NA acquired it for $4.0 billion in March of 2006.

Mr. Martin said, "We are extremely pleased that Lindsay Goldberg has given our management team and strategy this vote of confidence. We have a great opportunity to continue our growth in alternate-site health care services, focusing on the radiation oncology and dialysis sectors. We selected Lindsay Goldberg based on their commitment to support our disciplined growth, their long-term investment horizon and their commitment to maintaining a strong balance sheet at ASA. We look forward to working with Lindsay Goldberg to build dynamic businesses in radiation therapy and dialysis services and to identify other sectors in which we can succeed."

Following the investment, Lindsay Goldberg will name three members of ASA's Board of Directors and will have a priority right to make additional investments in ASA.

About ASA

Ambulatory Services of America, headquartered in Brentwood, Tennessee, is a diversified health care services company that provides alternate-site health care services in partnership with physicians. ASA, through its primary subsidiaries Radiation Oncology Services of America, Inc. and Renal Services of America, Inc., owns, operates and manages facilities providing radiation oncology services and dialysis services. ASA owns interests in and operates 38 dialysis programs and 11 radiation oncology centers in eight states and the territory of Guam. ASA also manages three other dialysis centers. For more information about Ambulatory Services of America, please visit http://www.asaambulatory.com .

About Lindsay Goldberg

Lindsay Goldberg is a New York-based investment partnership that manages more than $5 billion of equity capital and is focused on partnering with exceptional management teams and business owners to actively build market leading companies and create long-term value. Lindsay Goldberg is a trusted and experienced partner with a successful track record of investing across a wide range of industries and helping companies fully meet their long-term potential. For more information about Lindsay Goldberg, please visit http://www.LindsayGoldbergLLC.com .


'/>"/>
SOURCE Ambulatory Services of America, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Ambulatory oxygen rarely a benefit in COPD patients without resting hypoxemia
2. PainCare Receives $14.4 Million in Cash From Completed Sale of South Florida Ambulatory Surgery Centers
3. Medicare Prescription Drug Benefit, Nonprofit Hospitals, Ambulatory Surgery Centers, Statistical Methods, and Pay-For-Performance Highlighted In the Latest INQUIRY Journal
4. Ambulatory Services of America, Inc. Announces Joint Venture with Southern Ocean County Radiation Oncology, LLC
5. Reproductive Science Center of New England Receives Ambulatory Health Care Accreditation
6. Ambulatory Services of America, Inc. Announces Joint Venture With Denton Cancer Center, LP
7. Lutheran Senior Services Partners with Silverchair Learning Systems to Enhance Employee Training and Education
8. GAO Report Confirms: Medicare Underpays for Anesthesia Services; Nurse Anesthetists Assure Seniors Access to Safe Anesthesia Care
9. Therap Services Continues to Hire Experienced Developmental Disability Industry Clinicians for its Customer Support Team
10. Tata Consultancy Services to Support Roches Global Capacity Building Initiative
11. Creative Technology Services Enhances its Global Competitiveness with Additional Regulatory Certifications
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/12/2016)... , ... February 12, 2016 , ... According to an ... are beginning to account for a significant portion of hernia repairs throughout the United ... the Beverly Hills Hernia Center notes that this trend has not only been expected, ...
(Date:2/12/2016)... ... ... Enforcement Trends: , Back to the Future , Feb. 25, 2016 — 11:00 a.m. – ... who don’t learn from history are doomed to repeat it.” , An analysis of CDRH’s ... But that takes time. , Take a close look at the warning letters the ...
(Date:2/12/2016)... , ... February 12, 2016 , ... ... announced that nominations have closed for the ISE Southeast Awards 2016. Finalists and ... announced at the ISE® Southeast Executive Forum and Awards Gala on March 15, ...
(Date:2/12/2016)... , ... February 12, 2016 , ... AssureVest Insurance Group, ... is initiating a charity drive that will raise funds earmarked to purchase computers and ... Tayloe Elementary School. , “My school is in a low-income area and has more ...
(Date:2/12/2016)... ... 2016 , ... Donor Network West, the organ procurement organization that heals lives ... San Ramon Regional Medical Center. Under the collaboration, the first of its kind, specific ... a more certain time frame for donor families for the recovery of organs. ...
Breaking Medicine News(10 mins):
(Date:2/12/2016)... On Thursday, Feb. 11, 2016, surgeons at ... North Austin Medical Center successfully completed the first robotic ... Surgical System with Trumpf Medical,s advanced operating table, ... , M.D., colorectal surgeon at the Texas Institute for ... Motion technology, which seamlessly combines the da Vinci Xi ...
(Date:2/12/2016)... , 12 februari 2016 AAIPharma ... toonaangevende leverancier van productie en ontwikkeling op ... kondigt vandaag een uitbreiding aan van steriele ... locatie in Charleston, SC ... tot meerdere recente investeringen. http://photos.prnewswire.com/prnh/20150806/256637LOGO ...
(Date:2/11/2016)... , Feb. 11, 2016 The primary goal ... future adoption patterns on the usage of liquid biopsy. ... following: - Timeframe of liquid biopsy adoption ... cfDNA and Evs—by organization type - Sample inflow to ... blood, saliva, stool, serum, and so on. - Correlation ...
Breaking Medicine Technology: