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

t ownership position.  He continues with the new organization as President and Chief of Operations and Strategy of AAD and maintains his role as President of Atlantis.

Cory Mims , Managing Director of ICV, said, "We are excited to have AAD as our first investment for ICV Partners III.  Dr. Ojo has built Atlantis into a strong player within its current market.  We look forward to leveraging Dr. Maxey's medical expertise and strong relationships with nephrologists throughout the U.S. to develop a significant position for AAD in the U.S. dialysis market over the next several years.  AAD is now well-positioned as a platform investment and we expect to grow the business by pursuing a number of strategic and organic expansion opportunities while, at the same time, identifying new ways to continue providing the highest quality patient care."

Dr. Maxey said, "Atlantis has a successful track record of growth in Puerto Rico and integrating new facilities into its network.  We will continue to grow in Puerto Rico by adding new dialysis treatment facilities.  In addition, because of the fragmented nature of the industry in the U.S., we will be able to tap into a rich pipeline of opportunities as we execute strategic acquisitions and grow AAD into new geographic areas."

Dr. Ojo, said, "Atlantis is an outstanding company and our highly skilled management team, outstanding physicians, and compassionate medical staff provide the highest standards of patient care with a unique integrated focus on quality of life to over one thousand patients each year.  There continues to be a growing need for dialysis treatment and I believe our new partnership with ICV will prove to be extremely valuable as we seek ways to ensure better patient outcomes." 

About ICV Partners
Founded in 1998, ICV Partners is a leading private investment f
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SOURCE ICV Partners
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