Navigation Links
Croft & Bender Advises Atlanta-based Alliance Surgery, Inc. in Its Acquisition by HealthMark Partners, Inc. of Nashville

ATLANTA, April 24 /PRNewswire/ -- Croft & Bender, an Atlanta-based investment banking firm, served as the financial advisor to Atlanta-based Alliance Surgery, Inc. (ASI) in the recently announced acquisition of ASI by HealthMark Partners, Inc. (HMP) of Nashville, Tenn.

Both organizations develop, acquire and operate single- and multi-specialty, free-standing ambulatory surgery centers (ASC), typically in joint ventures with physicians or with physicians and hospitals.

ASI's CEO, Charles T. Neal, a 30-year veteran of the healthcare industry, said, "I am delighted with the combination of these very complementary businesses and believe we can deliver even better service, quality and value to our patients, physicians and associates."

Neal, who will be the chief operating officer of the combined entities, said Croft & Bender played a critical role in getting the transaction completed.

"C&B's ability to help us identify and successfully negotiate through the issues that arose during the process was invaluable," Neal said.

William G. Southwick, HealthMark's President and CEO, said the transaction brings together exceptional experience in ASC development and operations.

"Together we have the scale, resources and management to accelerate building a solid and successful company in this growing industry," Southwick said.

The combined companies currently manage 17 surgery centers and have six under development. The 23 ASCs are located in 10 states (Maryland, North Carolina, Tennessee, Georgia, Alabama, Mississippi, Indiana, Texas, Arizona and California).

About Croft & Bender

Croft & Bender LLC, based in Atlanta, Georgia, is an investment banking firm focused on providing M&A, private equity and financial advisory services to middle-market and emerging growth companies in the Southeast. The firm also sponsors the C&B Capital private equity funds, with $44 million under management. For more information on Croft & Bender, visit or contact the firm at (404) 841-3131.

About HealthMark

Founded in 1996, Nashville-based HealthMark Partners, Inc., develops, invests in and operates single and multi-specialty ambulatory surgery center joint ventures with physicians and, in several instances, physicians and hospitals. The company specializes in ASC turnaround and de novo projects and works with physicians and hospitals to maximize patient and physician satisfaction while establishing a true community asset. For more information visit .

About Alliance Surgery, Inc.

Founded in 2003, Atlanta-based Alliance Surgery, Inc. owns and operates ambulatory surgery centers in partnership with physicians and hospitals. The Alliance management team has developed, managed, financed and consulted with more than 100 ASCs and 80 hospitals over the past 25 years. For more information visit .

SOURCE Croft & Bender
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Agendia Appoints Oncologist Richard A. Bender as Vice President and Chief Medical Officer
2. Tax Planning Ideas: Sound Strategies Protect Wealth, Advises Whitnell & Co.
3. SaltWorks, Inc. Advises Table Salt Alternatives
4. My Medicare Matters(TM) Advises Evaluating Your Current Medicare Part D Plan During Open Enrollment
5. Russell Investment Group Advises Protalix Biotherapeutics of Index Adjustment
6. Eastern Alliance Insurance Group and Eastern Life and Health Insurance Company Announce Affirmation of A- (Excellent) A.M. Best Ratings and a Positive Outlook for Eastern Alliance Insurance Group
7. The Alliance for Lupus Research Announces 2008 Grantees
8. Heartland Information Services Announces Alliance with M*Modal
9. White Ribbon Alliance Calls for Investments to Save Womens Lives Lost in Pregnancy and Childbirth
10. Susan G. Komen for the Cure Advocacy Alliance Suggests Questions for Tonights Presidential Debate
11. Alliance for Wellness ROI, Inc. Selects VitalSpring as Exclusive Technology Partner
Post Your Comments:
(Date:12/2/2015)... , ... December 02, 2015 , ... ... for original 1966 Grateful Dead Santa Venetia Armory boxing style concert posters. These ... supporting the Bay Area music scene in the 1960s. The concert was held ...
(Date:12/1/2015)... ... December 02, 2015 , ... The ... as a 2015-2016 inductee into its VIP Woman of the Year Circle. She ... nation’s leading networking organization exclusively for professional women, boasting 850,000 members and over ...
(Date:12/1/2015)... ... December 02, 2015 , ... Ruth Pearson was struggling. She had been ... walk without assistance and quickly losing hope of recovering her former life, Pearson was ... Pearson was attending a women’s retreat when she experienced a particularly impactful worship service. ...
(Date:12/1/2015)... ... December 02, 2015 , ... The National Association ... inductee into its VIP Woman of the Year Circle. She is recognized with ... organization exclusively for professional women, boasting 850,000 members and, over 200 operating Local ...
(Date:12/1/2015)... ... December 02, 2015 , ... ... a 2015-2016 inductee into its VIP Woman of the Year Circle. She is ... leading networking organization exclusively for professional women, boasting 850,000 members and over 200 ...
Breaking Medicine News(10 mins):
(Date:12/2/2015)... and BOSTON and AMSTERDAM ... global contract research organization (CRO) focusing in oncology, ... it has acquired Clinquest, Inc. (US) and Clinquest ... (Clinquest) from Clinquest Group BV. With offices in ... Boston, MA ; Clinquest provides ...
(Date:12/2/2015)... TOWN , Dec. 2, 2015 ... availability of child-friendly tuberculosis (TB) medicines in the ... to meet the dosage guidelines set by the ... dispersible and palatable, simple to administer and affordable. ... of a project largely funded by UNITAID. ...
(Date:12/2/2015)... , December 2, 2015 ... the addition of the  "Global Laparotomy ... offering.  --> ) ... "Global Laparotomy Sponge Market 2015-2019"  report ... Research and Markets ( ) has ...
Breaking Medicine Technology: