Emergency Care Partners (“ECP” or the “Company”), a leading provider of emergency medicine services for hospitals across the U.S, announces the closing of a successful growth recapitalization transaction, inclusive of a $100.0 million preferred equity investment led by MidOcean Partners (“MidOcean”). MidOcean’s investment will support ECP’s strong growth, including strategic acquisitions and the expansion of contracted service relationships with new and existing hospital customers, while providing liquidity to certain ECP physician shareholders. Emergency Care Partners currently supports more than 1,100 emergency medicine providers, meeting the needs of 1.5 million annual patient visits across its physician group of 63 clinical locations and is backed by Varsity Healthcare Partners and Regal Healthcare Capital Partners.
Read the full article: Emergency Care Partners Completes Growth Recapitalization in Partnership with MidOcean Partners //
Source: https://www.accessnewswire.com/newsroom/en/healthcare-and-pharmaceutical/emergency-care-partners-completes-growth-recapitalization-in-partners-1032042