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ICV Partners Establishes Dialysis Treatment Platform With Acquisition Of Atlantis Healthcare Group Puerto Rico, Inc.
Date:3/19/2013

NEW YORK, March 19, 2013 /PRNewswire/ -- ICV Partners (ICV), a leading investment firm focused on lower middle market companies, announced today that it has established a kidney dialysis treatment platform with the acquisition of Atlantis Healthcare Group Puerto Rico, Inc. ("Atlantis"), one of the island's leading providers of kidney dialysis services. 

Concurrent with the transaction, ICV, in partnership with Dr. Randall Maxey , Dr. Otegbola Ojo, and Ms. Ruby Harford , is forming American Alliance Dialysis Holdings, LLC ("AAD") to identify and evaluate strategic investment opportunities in North America and the Caribbean.  Dr. Maxey, a noted nephrologist who has nearly 40 years of nephrology experience and developed a series of successful dialysis centers in both the private and non-profit sectors, will become Chairman and CEO of AAD.  Ms. Harford, who brings over 30 years of administrative nursing and executive healthcare experience, will be Chief of Clinical Operations and Regulatory Affairs of AAD.

Atlantis, headquartered in Trujillo Alto , was founded in 2000 by Dr. Otegbola Ojo and has since grown into Puerto Rico's second largest provider of kidney dialysis services for patients suffering from end-stage renal disease ("ESRD").  With 13 facilities strategically located throughout the island of Puerto Rico, Atlantis provided approximately 200,000 treatments last year and currently has a patient census of nearly 1,400.  Atlantis also contracts with 12 hospital networks to provide inpatient acute dialysis services.

Dr. Ojo, a leading nephrologist who prior to founding Atlantis established several dialysis programs in Canada and the Caribbean, retains a significan
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SOURCE ICV Partners
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