PE firm invests in Michigan GI practice, creates new platform

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H.I.G. Growth Partners entered into a partnership Dec. 1 with Rochester Hills, Mich.-based The Center for Digestive Health creating Pinnacle GI Partners, a new investment platform in Michigan.

Pinnacle GI Partners will be the management services organization for The Center for Digestive Health.

Partha Nandi, MD, of The Center for Digestive Health, will serve as president and practice CEO for Pinnacle GI. Scott Fraser, former president of practice management at Jamison, Pa.-based Physicians Endoscopy, will join the platform's board of directors.

Dr. Nandi said in a release: "Our goal in partnering with H.I.G. is to create excellence in [GI] care throughout Michigan. We have a shared vision to leverage the best practices of The Center for Digestive Health throughout the region to deliver innovative clinical solutions to patients, participating payers and major employers."

H.I.G. Growth Partners is the capital investment affiliate of private equity firm H.I.G. Capital.

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