TRANSACTION ANNOUNCEMENT
Midwest Outpatient Orthopedic Surgery Center
- Transaction Closed: August 2026
- Specialty: Ambulatory Surgery Center
- Mandate: Sell-Side Healthcare Investment Banking
- Role: PGP is pleased to have advised an Orthopedic Ambulatory Surgery Center (ASC) in Michigan with 31 member physicians. The client partnered with a leading private equity-backed ASC developer and operator of outpatient ASCs focused on delivering high-quality outpatient surgical care through surgeon partnership and best-in-class management.
August 2026
Sell-Side M&A Advisor
Majority Recapitalization
Has Partnered with
Why Leadership Explored a Partnership
Accelerate Expansion
Expand into new markets through acquisitions and de novo locations.
Access Growth Capital
Support future investments in technology, recruiting, and infrastructure.
Preserve Clinical Excellence
Maintain provider autonomy and patient care standards.
Strengthen Operations
Enhance systems, resources, and management capabilities.
Client Perspective
Dr. Diamondis Papadopoulos
MetroDerm
"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."
Client Perspective
Dr. Mark Hockenberry
Keystone Urology Specialists
"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."
Client Perspective
Dr. Alfredo Paredes Jr.
Tallahassee Plastic Surgery Clinic
" 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."
Client Perspective
Dr. Amy Forman Taub
Advanced Dermatology
"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."
Client Perspective
Dr. Edward Seade
Orthopaedic Specialists of Austin
"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."
RECENT Outpatient & Ancillary Services TRANSACTION
View All Transactions
Has Partnered with
Has Partnered with
Has Partnered with
A Portfolio Company of
Has Partnered with
Insight
State of Ambulatory Surgery Center Consolidation
Introduction Ambulatory Surgery Centers remain one of the strongest corners of healthcare services M&A. Investment…
March 2026
Read More
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