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Managing Director

Steve Grassa, CFA

Steve Grassa is a Managing Director at Physician Growth Partners (PGP), where he helps lead the firm’s healthcare investment banking coverage and advises healthcare business owners and management teams on mergers and acquisitions, private equity recapitalizations, growth equity transactions, and strategic partnerships. With more than a decade of healthcare investment banking experience, Steve has guided founders, physicians, healthcare operators, and private equity backed organizations through complex transactions.

Throughout his career, Steve has represented business owners and hundreds of physicians across a broad range of healthcare services sectors, including physician practice management, behavioral health, ancillary healthcare, and other provider-focused businesses. Through this experience, he has developed an extensive network of relationships across the healthcare ecosystem, including private equity investors, strategic acquirers, executives, and management teams.

Steve works closely with clients to understand their unique objectives, evaluate strategic alternatives, and identify financial and strategic partners that align with their long-term goals. He combines deep transaction experience with firsthand knowledge of the healthcare buyer landscape to help clients navigate partner selection, diligence, negotiations, and other critical decisions throughout the transaction process. As a trusted advisor and advocate, Steve remains actively involved from initial preparation through closing, with a focus on achieving successful transactions and strong long-term outcomes for his clients.

As a recognized voice in healthcare M&A, Steve is frequently invited to speak at industry conferences, webinars, and podcasts. He has presented on panels at conferences hosted by reputable law firms and other healthcare organizations and contributed to publications such as Behavioral Health Business, Acuity Media Network, and the Psychiatric Times.

Steve is from Reading, MA and lives with wife and three kids – four if you include his Boxer, Louis! During his downtime, he enjoys spending time with immediate and extended family, watching sports, staying active and reading. 

Steve graduated from Columbia University where he played football and currently holds the CFA designation.

Selected Transaction Experience

Representative engagements across healthcare sectors.
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Multi-Specialty, Outpatient Surgery Center in the Midwest
August 2026
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Blueprint for outpatient orthopedic ambulatory surgery center in the Midwest.
Midwest Outpatient Orthopedic Surgery Center
August 2026
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Leading independent cardiology group in the Midwest with PE-backed platform.
Midwest Cardiology Group
August 2026
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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."
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."
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."

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