Rise of the GI Alliance — A timeline 

While private equity investors have turned their attention to the GI space, one group has expanded rapidly with no plans of stopping soon. 

Dallas-based GI Alliance, led by President Jim Weber, MD, has aggressively expanded since first closing its deal with Waud Capital Partners in November 2018. 

Here is a timeline of the rise of the GI Alliance: 

November 2018: Waud Capital Partners and Southlake-based Texas Digestive Disease Consultants close a deal. They establish the GI Alliance, a practice management company based in Dallas. Dr. Weber is the president and CEO of TDDC. 

July 2019: The GI Alliance enters into a deal with Evanston-based Illinois Gastroenterology Group, becoming the first established PE-backed GI platform to expand.

August 2019: The GI Alliance invests in five ASCs owned by Texas Digestive Disease Consultants and Illinois Gastroenterology Group.

September 2019: The GI Alliance continues to rapidly grow, partnering with Beaumont-based Southeast Texas Gastroenterology Associates.

October 2019: The GI Alliance enters into a partnership with Phoenix-based Arizona Digestive Health, growing its affiliated network to more than 275 physicians in four states.

Days later, the GI Alliance acquires San Antonio Gastroenterology Associates and San Antonio Digestive Disease Consultants, adding another 17 physicians to its network.

November 2019: GI Alliance acquires Indianapolis Gastroenterology and Hepatology, growing to a fifth state. 

GI Alliance partners with Amarillo (Texas) Endoscopy Center.

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