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ABOUT PGP

Built Exclusively for Healthcare Transactions

Founded in 2018, Physician Growth Partners (PGP) is a nationally recognized healthcare investment banking firm specializing in sell-side mergers & acquisitions, majority recapitalizations, and full-sale transactions.

The firm’s original name reflected its mission to advise independent physician groups as they navigate transactions with strategic partners and private equity investors. As consolidation accelerated within the physician practice management sector and expanded into adjacent healthcare markets, Physician Growth Partners emerged as the leading advisor to physician groups, healthcare facilities, ancillary service providers, technology vendors, diagnostics companies, and other businesses that support the healthcare ecosystem, guiding partnerships with private equity firms and strategic acquirers.

PGP’s investment banking approach extends beyond maximizing valuation and transaction economics. PGP advises physician practices, healthcare services organizations, and healthcare technology companies on identifying the right private equity partner or strategic acquirer. The firm focuses on finding partners whose culture, strategic vision, and growth objectives align with those of its clients. By balancing both maximum economic value and proper cultural fit, PGP helps clients identify partnerships that create lasting value and support long-term success.

With over 90 completed healthcare transactions, PGP provides sell-side transaction advisory and investment banking services across the full spectrum of healthcare, leveraging deep domain expertise and extensive industry relationships to deliver successful outcomes for clients.

Why Hire PGP?

Strategic Advisory Built Around Relationships and Outcomes

PGP is committed to maintaining its reputation as a premier boutique healthcare investment bank through deep sector expertise, senior-level involvement, and a bespoke, hands-on approach to every transaction. Since 2018, PGP has completed more than 90 healthcare transactions, providing the market insight, buyer relationships, and execution expertise needed to maximize both value and strategic fit.
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White Glove Approach

Ensure that clients maximize value and simultaneously find a partner that is the right cultural fit and has the experience to ensure a successful partnership.

Senior Level Involvement

Dedicated healthcare senior leadership team executing the transaction on a day-to-day basis, supported by 20+ professionals who work exclusively in the healthcare services sector.

Buyer Intelligence

Long-standing relationships with strategic acquirers and private equity investors.

Tailored Transaction Strategy

Customized engagement strategies aligned with client goals, timing, and market positioning.

Leading Healthcare Investment Bank by the Numbers.

90+
Transactions Completed
$5B+
In Transaction Value
20+
Healthcare Professionals
100%
Healthcare Focused

A Process Designed to Deliver Exceptional Outcomes

1
Evaluation
Evaluate goals, positioning, and opportunities to establish a clear transaction strategy.
2
Market Positioning
Develop a compelling narrative that highlights strengths and attracts qualified interest.
3
Buyer
Outreach
Engage carefully selected strategic and financial partners through a structured process.
4
Negotiation & Structuring
Optimize transaction terms and alignment while protecting long-term objectives.
5
Closing & Transition
Guide execution through closing and support a successful ownership transition.
Medical professional in white coat with Keystone logo, smiling confidently.
Client Perspective
Dr. Mark Hockenberry
Keystone Urology Specialists
Detailed blueprint of healthcare facility layout and infrastructure.
"We are grateful to Physician Growth Partners and their team, who were integral in facilitating the creation of this partnership."
"The team at Keystone Urology Specialists is very excited to join Solaris Health and work together to continue delivering exceptional patient care. We are grateful to Physician Growth Partners and their team, who were integral in facilitating the creation of this partnership. Solaris represents our ideal partner as a leading national platform that shares our priorities of patient focus and advanced treatments."
Professional man in a suit smiling, working on blueprint plans.
Client Perspective
Dr. Alfredo Paredes Jr.
Tallahassee Plastic Surgery Clinic
Detailed blueprint of a healthcare facility for planning and construction.
" PGP clearly has extensive knowledge in this arena, and we would not have gotten the best outcome possible without them."
"I am very grateful for the tremendous and effective work done by Michael Kroin and the group at PGP. Finding the right partner, positioning my clinical practice and ASC effectively, and guiding us through the negotiations required significant experience and diligence. PGP clearly has extensive knowledge in this arena, and we would not have gotten the best outcome possible without them."
Business professional in suit and tie at a blueprint development session.
Client Perspective
Dr. Edward Seade
Orthopaedic Specialists of Austin
Detailed blueprint of healthcare facility development for Dr. Edward Seade.
"PGP was able to fill the gap in expertise my partners and I had and ran a process that concluded in a truly terrific outcome with GrowthOrtho and Trivest."
"When we started evaluating whether private equity was right for us or not, I realized very quickly that I knew orthopedic surgery, but I did not know anything about the PE universe and running a transaction process. PGP was able to fill the gap in expertise my partners and I had and ran a process that concluded in a truly terrific outcome with GrowthOrtho and Trivest. They were instrumental in helping us navigate the entire process from start to close. We are extremely satisfied."
Portrait of Dr. Amy Forman Taub, expert in dermatology and aesthetic medicine.
Client Perspective
Dr. Amy Forman Taub
Advanced Dermatology
Healthcare blueprint diagram for medical facility planning.
"I would highly recommend them to any physician group considering this avenue"
"My experience with Physician Growth Partners was excellent. They led me through the process of finding a partner that would respect our mission yet valued our practice reasonably. This transition is complex legally and financially. PGP led us through the stages to completion in a truly professional manner and I would highly recommend them to any physician group considering this avenue for their next phase of growth."
Portrait of Dr. Diamondis Papadopoulos in white medical coat.
Client Perspective
Dr. Diamondis Papadopoulos
MetroDerm
MetroDerm dermatology clinic logo for skin care and dermatological services.
"Their tireless commitment and support as well as their frank advice for both sides/parties in the transaction was what ultimately led to its successful completion."
"PGP and Michael Kroin was an invaluable guide and an absolutely necessary participant through the entire process. Their tireless commitment and support as well as their frank advice for both sides/parties in the transaction was what ultimately led to its successful completion. As a result of their efforts, all participants came to the conclusion that it was a fair and mutually beneficial merger."

Considering a healthcare transaction? Start with a confidential conversation.

Whether you are considering a recapitalization, merger, or full sale, or simply want to understand your options, PGP's senior bankers are ready to help.

"*" indicates required fields

Considering a healthcare transaction? Start with a confidential conversation.

Whether you are considering a recapitalization, merger, or full sale, or simply want to understand your options, PGP's senior bankers are ready to help.

"*" indicates required fields