Ambulatory Services of America, Inc. Announces Investment by Lindsa... ( NASHVILLE Tenn. May 20 /- Ambulat...)

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

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