Healthcare Investment Banking | Transaction Advisors | PGP

Who We Are

Leverage our team’s experience to help maximize the value of your practice through a transaction with a strategic partner that will be the right cultural fit.

Michael Kroin

CEO and Managing Partner

As CEO and Managing Partner of Physician Growth Partners, Michael Kroin leads transaction execution for independent physician practices and groups. Michael started his career as a healthcare investment banker. He worked with specialty physician practices, positioning them for transactions to private equity, medical groups, hospitals, health systems and other strategic buyers.

At PGP, Michael uses his understanding of the healthcare landscape to guide clients through each transaction. At every stage of the process, Michael’s hands-on and innovative approach gives clients the value of experience and senior leadership insight, positioning them for the best possible outcomes and helping them to achieve their goals and succession plans.

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B.A. – Accounting, Indiana University
M.B.A. – Finance, Indiana University

Ezra Simons

Partner

As a Partner at Physician Growth Partners (PGP), Ezra Simons leads transaction execution for independent physician practices and groups. Ezra started his career in healthcare working as an investment banker, transaction advisor and valuation expert. As a key advisor in these transactions, Ezra worked with physician practices, health systems, and other medical groups.

At PGP, Ezra is passionate about guiding physician entrepreneurs through each stage of the business building lifecycle across the healthcare ecosystem. He advises physician groups nationally to ensure they achieve their succession plans and goals through a transaction with private equity or strategic buyers.

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B.A. – Finance, Indiana University

Robert Aprill

Partner

As a Partner at Physician Growth Partners, Robert advises founder and provider owned businesses in the healthcare services industry as they prepare for and ultimately pursue a transaction. Prior to Physician Growth Partners, Robert started his career as a healthcare investment banker where he led the firm’s origination and execution efforts in multiple healthcare services sub-verticals, specializing in advising business owners through transactions with private equity and strategic acquirers.

At PGP, Robert specializes in providing transaction advisory services across a wide range of provider-based sectors including physician practice management and behavioral health services. Robert’s work focuses on understanding the transactional goals of a business and its’ owners and managing a customized, client-focused process that delivers an exceptional result. 

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B.A. – Sports Management, The University of Michigan
M.B.A. – Finance, The University of Tennessee

Thomas Cunningham

Director of Business Development

A 15-year strategy and business development leader in the healthcare industry, Thomas joined PGP as Director of Business Development in 2023 to spearhead continued growth for the firm through strategic client development, industry relations, and brand management.

Prior to joining PGP, Thomas most recently led business development for Levin Associates, a leading research and publication firm covering the entire healthcare M&A landscape.  Prior to that, Thomas served as Principal at Dark Horse Consulting, a go-to-market strategy consulting firm, working alongside orthopedic surgeons while helping a number of early stage healthtech and medtech startups commercialize and scale.

Thomas is passionate about collaborating with the PGP Advisory Team and representing independent physicians.

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B.B.A. – Management, Roosevelt University

Jeremy Murphy

Vice President

Jeremy joined PGP in 2018 and has spent his entire professional career working on transactions in the provider services space across a multitude of different specialties. He focuses on all aspects of the transaction process, including transaction strategy and positioning, financial analysis, due diligence, and ultimately deal execution. In addition to his depth of experience in transaction advisory, Jeremy has spent time consulting some of PGP’s clients that are not yet prepared to transact with private equity. Operational consulting experience has included day to day oversight of practice operations, key performance indicator development and tracking, new service line implementation, and recruitment at both the provider and management level.

Jeremy leverages his mix of experience in advisory and operational consulting roles to support clients comprehensively through their transaction process, or in helping their business get to the scale they desire before pursuing a transaction.

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B.S. – Finance, DePaul University

Jake Dangovian

Vice President

As an Advisor, Jake is responsible for buy-side and sell-side transaction execution, operational and strategic management of portfolio companies, and new investment sourcing. His expertise in acquisitions and financial operations helps identify opportunities to acquire and grow platform companies. He is able to leverage his previous experience to support clients in receiving maximum value with their transactions.

Jake has experience in various accounting and finance roles, with an extensive background in real estate and private investments. Immediately prior to joining PGP, he led the finance department at a real estate development company. Jake started his career in public accounting as a licensed CPA.

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B.A. – Accounting, Indiana University
M.B.A. – Finance, Indiana University

James Perrone

Vice President

Since joining Physician Growth Partners in 2022, James has focused his advisory work on all aspects of the transaction process, including transaction strategy and positioning, financial analysis, due diligence, and ultimately deal execution. James has several years of experience advising healthcare services companies and independent physician groups on both sell-side and buy-side transactions.

Prior to joining Physician Growth Partners, James was an associate in the healthcare group at Lincoln International. He began his career at RSM US LLP in the business valuation department.

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B.S. – Finance and Accounting, DePaul University

Andrew Holm

Vice President

As an Advisor, Andrew is responsible for buy-side transaction execution, operational and strategic management of portfolio companies, and new investment sourcing. Andrew began his tenure at PGP in 2018 on the sell-side transaction advisory team and transitioned to PGP’s investment team in 2019.

Andrew is an expert in strategic growth in the health care space and deeply familiar with the day-to-day challenges of managing growth stage companies. He works daily with portfolio company founders to formulate and implement strategic initiatives across all departments of the business. Andrew’s experience on both the advisory and investment teams at PGP has lent to exceptional knowledge of companies’ lifecycle from initial investment to successful exit.

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B.S. – Aerospace Engineering, University of Illinois at Urbana-Champaign
MSc – Finance, Royal Holloway, University of London

Sali Asani

Vice President

Sal provides sell-side transaction advisory services to healthcare businesses in partnership with private equity. He started his career as an investment banker advising founder-owned businesses in pursuit of a transaction across a multitude of sectors. At PGP, Sal’s focus revolves around the entirety of the transaction process, including but not limited to, financial analysis, due diligence, and execution.

Sal utilizes his depth of experience in advisory to facilitate successful processes for clients pursuing a transaction.

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B.S. – Finance, DePaul University

Jay Farkas

Transaction Advisor

Jay provides transaction advisory and support to independent physician platforms. He started his career at Physician Growth Partners after completing the Analyst Internship Program with the firm. Jay has worked solely with healthcare services businesses supporting mergers & acquisitions, valuation, and operational consulting. Prior to joining the firm full time, he graduated from DePaul University with a B.S in Finance Honors.

At PGP, Jay leverages his deep knowledge of the healthcare services landscape to drive and support successful processes throughout the various healthcare specialties.

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B.S. – Finance, DePaul University

Nick Charalab

Transaction Advisor

As a Transaction Advisor, Nick provides support along all relevant steps of the transaction process. Prior to joining Physician Growth Partners, he had experience working with a multi-specialty healthcare platform, allowing him to leverage this knowledge into his current role. Nick graduated from Indiana University with a B.S. in Finance and Business Analytics.

Nick utilizes his experience in a healthcare setting to ensure optimal client outcomes throughout transactions at Physician Growth Partners.

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B.S. – Finance and Business Analytics, Indiana University

Christopher Chase

Transaction Advisor

Chris joined Physician Growth Partners in 2020 while finishing his B.S. in Finance Honors from DePaul University. He provides financial analysis, market research and due diligence for our sell-side M&A advisory team. At PGP, Chris works exclusively with healthcare services businesses across a multitude of industry verticals.

Chris utilizes his deep knowledge of the healthcare services industry to provide tailored support in every stage of the transaction process to ultimately achieve our clients’ goals.

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B.S. – Finance, DePaul University

Robert Philbin

Transaction Advisor

Bobby joined the firm as a Transaction Advisor upon finishing his M.B.A in Finance from Clark University. He provides support in all relevant stages of the transaction process between healthcare businesses and private equity. Bobby utilizes his knowledge and experience working with physician-owned practices, across a variety of healthcare specialties, to create a personalized approach to M&A and ultimately achieve clients’ goals for the future of their business. His focus at PGP is primarily on valuation, due diligence, preparation of marketing materials, and execution.

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B.S. – Economics, Clark University
M.B.A. – Finance, Clark University

Matt Garber

Transaction Advisor

Matt joined Physician Growth Partners in 2023 after finishing his M.S. in Business Analytics from Boston University. He primarily focuses on providing financial analysis, developing marketing materials, due diligence, and execution for our sell-side M&A advisory team.

At PGP, Matt works to support physician-owned healthcare services businesses across a diverse range of industry verticals throughout the entire transaction process, ultimately helping them achieve their goals.
Matt leverages his experience in the healthcare services landscape to support effective processes throughout various healthcare subspecialties.

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B.S. – Finance, Boston University
M.S. – Business Analytics, Boston University

Please Reach Out

Thank you for your interest in connecting with PGP. Please reach out to us directly at the number or email below or use this contact form. One of our lead healthcare transaction advisors will be in touch shortly.

432 N. Clark Street, Ste. 200, Chicago, IL 60654

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