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Deal snapshot: AUDAX PRIVATE EQUITY TO RECAPITALISE US PHYSICIAN MANAGER GASTRO HEALTH.

MANews-(C)2009-2016

US-based private equity firm Audax Private Equity that it has entered into a definitive agreement with physicians and management to recapitalise Florida, US-based gastroenterology physician practice management company Gastro Health PL, the firm said.

Headquartered in Miami, Gastro Health has 21 centres across South Florida. Gastro Health was founded in 2006 with the merger of GI Care Center, Gastroenterology Associates, and Gastroenterology Group. The company has acquired 16 new centres and on-boarded over 30 new physician partners since its founding.

Country: USA

Sector: Healthcare

Target: Gastro Health PL

Buyer: Audax Private Equity

Vendor:

Deal size in USD:

Type: LBO

Financing: Cash

Status: Agreed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Geographic Code:1U5FL
Date:Mar 11, 2016
Words:116
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