Pinnacle GI Partners adds another Michgian practice in 2nd postformation deal

Pinnacle GI Partners has deepened its roots in Michigan, partnering with East Lansing, Mich.-based Digestive Health Institute, PE Hub reported Jan. 10.

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Digestive Health Institute also does business as Michigan Gastroenterology Institute, Capitol Colorectal Surgery and Greater Lansing Anesthesia Services.

Pinnacle GI Partners, the largest GI provider in Michigan, now has a network of 24 physicians and 20 locations in the state.

The financial terms of the deal were not provided.

PE Hub reports that Michigan Gastroenterology Institute sought out a private equity partner for relief from the increasing cost and complications associated with running a healthcare practice.

This is Pinnacle GI Partners second postformation deal.

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