Provident served as financial advisor to The Spine Center in the transaction.
The Spine Center family of companies operates nine clinical offices and ambulatory surgery centers in Maryland and also provides practice management services. The company specializes in medical and professional services relating to interventional pain management.
Sentinel Capital Partners specializes in buying and building lower middle market companies in the United States and Canada in partnership with management.
“The partnership with Sentinel Capital Partners will allow The Spine Center to accelerate its growth to continue serving those who suffer from chronic spinal and back pain,” said William Tao, senior analyst at Provident, in the release. “With the group’s focus on utilizing minimally invasive procedures in a lower-cost ambulatory setting, The Spine Center is well-positioned to continue its growth as a market leader focused on providing quality care.”
Related Articles on ASC Transactions:
Health Inventures Announces Surgery Center Partnership With California’s Sansum Clinic
Surgical Management Professionals to Manage Iowa’s Gateway Surgery Center
