The transaction is expected to close in the second quarter of 2021. Miami-based Gastro Health previously was owned by Audax Private Equity, which acquired the company in 2016.
While precise financial details of the transaction were not disclosed, PE Hub released a report in February that speculated Gastro Health to be worth $65 million in EBITDA.
Gastro Health supports over 250 physicians in Alabama, Florida, Maryland, Ohio, Virginia and Washington.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
