Irving, Texas-based NorthStar Anesthesia, an anesthesia management company, has acquired Square Waveform Anesthesiology, an anesthesia practice based in Marshalltown, Iowa.
Here's what you need to know:
1. Square Waveform Anesthesiology provides anesthesia care services to rural hospitals throughout Iowa, using an all-CRNA model.
2. Fort Lauderdale, Fla.-based investment banking firm Cross Keys Capital acted as the exclusive financial advisor for Square Waveform Anesthesiology during the transaction.
3. This acquisition marks Cross Keys Capital's 54th closed transaction on behalf of physician group practices; it is also the 28th group they have successfully represented in a sale.