Navigation Links
Croft & Bender Advises Atlanta-based Alliance Surgery, Inc. in Its Acquisition by HealthMark Partners, Inc. of Nashville
Date:4/24/2008

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 http://www.croft-bender.com 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 http://www.healthmarkpartners.com .

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 http://www.alliancesurgery.com .


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... Global Healthcare Management’s 4th ... Park in Milford, NJ. This free event, sponsored by Global Healthcare Management’s CEO, ... The fun run is geared towards children of all ages; it is a non-competitive, ...
(Date:10/13/2017)... ... ... Journey: From the Mountains to the Mission Field”: the story of a missionary couple ... From the Mountains to the Mission Field” is the creation of published author, Carole ... and currently teaches a class of ladies at her church, which she has taught ...
(Date:10/12/2017)... Orleans, LA (PRWEB) , ... October 12, 2017 , ... ... centers in the U.S., announced today its plans to open a flagship location in ... will occupy the former Rooms To Go store next to Office Depot in the ...
(Date:10/12/2017)... ... October 12, 2017 , ... Asante, a nationally recognized ... have expanded their existing home health joint venture through an agreement, effective October ... a joint venture home health company with Asante, delivering clinically integrated care, for ...
(Date:10/12/2017)... ... October 12, 2017 , ... Leading pediatric oncology experts at Children’s ... the 49th Congress of the International Society of Paediatric Oncology (SIOP) Oct. ... Center for Cancer and Blood Disorders at Children’s National, and Stephen P. Hunger, ...
Breaking Medicine News(10 mins):
(Date:9/25/2017)... Sept. 25, 2017  EpiVax, Inc., a leader ... and immune-engineering today announced the launch of EpiVax ... of personalized therapeutic cancer vaccines. EpiVax has provided ... access to enabling technologies to the new precision ... lead EpiVax Oncology as Chief Executive Officer. Gad ...
(Date:9/19/2017)... , Sept. 19, 2017   ZirMed Inc ., ... analytics, today announced that it has been ranked #1 by ... Black Book™ Rankings 2017 User Survey. ZirMed was recognized ... for large hospitals and medical centers over 200 beds and ... Book,s healthcare technology user survey history. ...
(Date:9/12/2017)... Sept. 12, 2017  Consumer reviews on the independent review site ... the number one company for hearing aids, ranking it higher than ... brands. ... #1 by Consumers For Hearing Aids ... Hearing is an online store that provides high performance, state-of-the-art, German-engineered ...
Breaking Medicine Technology: