The value of joining a private equity-backed practice group versus remaining a solo practitioner is evident with lockdowns causing greater strain on companies without broader support, according to Stephen Cella, a principal at Sun Capital Partners. “The benefits of aligning with a larger group are apparent today more than ever,” Cella told PE Hub in a recent interview that came right around the Boca Raton, Florida-based firm’s 25th anniversary. The economic downturn will likely convince some independent providers to merge with larger practices, which are better equipped to withstand financial crises, Cella said.
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Source: https://www.pehub.com/sun-capital-sees-physician-practice-consolidation-opportunity-as-solo-groups-struggle