NorthStar Anesthesia Purchased by Private Equity Firm TPG Growth

Private equity firm TPG Growth has purchased a controlling stake in NorthStar Anesthesia, an Arlington, Texas-based physician practice management firm, according to a Star-Telegram report.

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The financial terms of the deal were not disclosed.

NorthStar Anesthesia was founded in 2004 by Philip Eichenholz, MD, and Neil Dwayne Neal, a CRNA. The company now employs 600 anesthesiologists, CRNAs and other providers. It reported $129.8 million in revenue last year.

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