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Trusted Investment Banking Advisor for Healthcare Companies.

Physician Growth Partners (PGP) is a specialized investment bank exclusively focused on advising healthcare companies and physician groups on strategic transactions, private equity partnerships, and mergers and acquisitions.
HEALTHCARE COVERAGE

Deep Sector Transaction Expertise Across the Following High Demand Healthcare Verticals.

PGP provides healthcare sell-side M&A advisory across the most active healthcare services verticals including Physician Services, Outpatient & Ancillary Services, Behavioral Health, Dental Services, and Healthcare Support & Outsourced Services.
Doctor and patient discussing health information in clinic.

Physician Services

Advisor for founder-owned and sponsor-backed physician groups, including multi-site specialty practices and MSOs.
Explore Physician Services
State-of-the-art medical imaging room with advanced MRI scanner and sleek design.

Outpatient & Ancillary Services

Advisor for physician-owned and management-led outpatient and ancillary healthcare businesses, including ambulatory surgery centers, imaging centers, and other related services.
Explore Outpatient & Ancillary
Bright living room with two white armchairs and a small wooden table.

Behavioral Health

Advisor to a broad range of behavioral and mental health service providers across the care continuum including outpatient providers, autism services, IOPs, IDD services, inpatient facilities, and other care models.
Explore Behavioral Health
Modern dental clinic interior with dental chair and equipment.

Dental Services

Advisor to founder-owned and sponsor-backed dental groups, including general dentistry, DSOs, oral surgery, endodontics, orthodontics, pediatric dentistry, and other dental specialties.
Explore Dental Services
Businesswoman analyzing data on dual monitors in modern office.

Outsourced and Support Services

Advisor to healthcare support & outsourced Services companies providing administrative, clinical, staffing, and tech-enabled services to healthcare providers, payors, and facilities.
Explore Healthcare Support
Our Approach

Guiding You to the Right Strategic Partner

The right private equity partner or strategic buyer must be aligned with the culture and values of your organization

Recapitalization

For owners seeking liquidity while retaining upside alongside a strategic or private equity partner.

Mergers & Acquisitions

For healthcare businesses evaluating strategic combinations, growth opportunities, or acquisition-driven expansion.

Full Transaction Sales

For shareholders pursuing a complete sale to private equity, strategic acquirers, or other qualified buyers.
HEALTHCARE EXPERIENCE

PGP Transactions Experience: Over 90 Healthcare Deals Closed.

Architectural blueprint of a multi-specialty outpatient surgery center in the Midwest.
Has Partnered with
ASC Management Company logo on a white background.
Multi-Specialty, Outpatient Surgery Center in the Midwest
Sell-Side M&A Advisor
View Details
Blueprint of outpatient orthopedic ambulatory surgery center in the Midwest.
Has Partnered with
ASC Management Company logo on a white background.
Midwest Outpatient Orthopedic Surgery Center
Sell-Side M&A Advisor
View Details
Has Partnered with
PE-backed cardiovascular platform logo with bold text.
Midwest Cardiology Group
Sell-Side M&A Advisor
View Details
Has Partnered with
A Portfolio Company of
Golden Gate Urology
Sell-Side M&A Advisor
View Details
Has Partnered with
A Portfolio Company of
Glow Aesthetics Medical Spa
Sell-Side M&A Advisor
View Details
Has Partnered with
A Portfolio Company of
Acadia Women’s Health & Cosmetic Surgery Center
Sell-Side M&A Advisor
View Details
Has Partnered with
A Portfolio Company of
Michigan Ear Institute
Sell-Side M&A Advisor
View Details
Has Partnered with
A Portfolio Company of
Lakeshore Ear, Nose, Throat Center
Sell-Side M&A Advisor
View Details
Has Partnered with
A Portfolio Company of
Fort Worth Plastic Surgery
Sell-Side M&A Advisor
View Details
Has Partnered with
Garden OB/GYN
Sell-Side M&A Advisor
View Details
See More Transactions
Medical professional in white coat with Keystone logo, smiling confidently.
Client Perspective
Dr. Mark Hockenberry
Keystone Urology Specialists
Detailed blueprint of healthcare facility layout and infrastructure.
"We are grateful to Physician Growth Partners and their team, who were integral in facilitating the creation of this partnership."
"The team at Keystone Urology Specialists is very excited to join Solaris Health and work together to continue delivering exceptional patient care. We are grateful to Physician Growth Partners and their team, who were integral in facilitating the creation of this partnership. Solaris represents our ideal partner as a leading national platform that shares our priorities of patient focus and advanced treatments."
Professional man in a suit smiling, working on blueprint plans.
Client Perspective
Dr. Alfredo Paredes Jr.
Tallahassee Plastic Surgery Clinic
Detailed blueprint of a healthcare facility for planning and construction.
" PGP clearly has extensive knowledge in this arena, and we would not have gotten the best outcome possible without them."
"I am very grateful for the tremendous and effective work done by Michael Kroin and the group at PGP. Finding the right partner, positioning my clinical practice and ASC effectively, and guiding us through the negotiations required significant experience and diligence. PGP clearly has extensive knowledge in this arena, and we would not have gotten the best outcome possible without them."
Business professional in suit and tie at a blueprint development session.
Client Perspective
Dr. Edward Seade
Orthopaedic Specialists of Austin
Detailed blueprint of healthcare facility development for Dr. Edward Seade.
"PGP was able to fill the gap in expertise my partners and I had and ran a process that concluded in a truly terrific outcome with GrowthOrtho and Trivest."
"When we started evaluating whether private equity was right for us or not, I realized very quickly that I knew orthopedic surgery, but I did not know anything about the PE universe and running a transaction process. PGP was able to fill the gap in expertise my partners and I had and ran a process that concluded in a truly terrific outcome with GrowthOrtho and Trivest. They were instrumental in helping us navigate the entire process from start to close. We are extremely satisfied."
Portrait of Dr. Amy Forman Taub, expert in dermatology and aesthetic medicine.
Client Perspective
Dr. Amy Forman Taub
Advanced Dermatology
Healthcare blueprint diagram for medical facility planning.
"I would highly recommend them to any physician group considering this avenue"
"My experience with Physician Growth Partners was excellent. They led me through the process of finding a partner that would respect our mission yet valued our practice reasonably. This transition is complex legally and financially. PGP led us through the stages to completion in a truly professional manner and I would highly recommend them to any physician group considering this avenue for their next phase of growth."
Portrait of Dr. Diamondis Papadopoulos in white medical coat.
Client Perspective
Dr. Diamondis Papadopoulos
MetroDerm
MetroDerm dermatology clinic logo for skin care and dermatological services.
"Their tireless commitment and support as well as their frank advice for both sides/parties in the transaction was what ultimately led to its successful completion."
"PGP and Michael Kroin was an invaluable guide and an absolutely necessary participant through the entire process. Their tireless commitment and support as well as their frank advice for both sides/parties in the transaction was what ultimately led to its successful completion. As a result of their efforts, all participants came to the conclusion that it was a fair and mutually beneficial merger."

Considering a healthcare transaction? Start with a confidential conversation.

Whether you are considering a recapitalization, merger, or full sale, or simply want to understand your options, PGP's senior bankers are ready to help.

"*" indicates required fields

Considering a healthcare transaction? Start with a confidential conversation.

Whether you are considering a recapitalization, merger, or full sale, or simply want to understand your options, PGP's senior bankers are ready to help.

"*" indicates required fields