Bloomberg, Yahoo! Finance, MiddleMarket.com, and Morningstar cover Pediatric Affiliates deal

Recently Physician Growth Partners’ (“PGP”) representation of New Jersey-based Pediatric Affiliates was covered by MiddleMarket.com, Bloomberg Business, Morningstar, and Yahoo! Finance. PGP advised the multi-location pediatric practice in securing a partnership with Webster Equity Partners (“Webster”), one of the leading healthcare-focused private equity firms in the U.S. The partnership will enable Pediatric Affiliates to expand its differentiated, outcome driven approach to pediatric care across the Northeast and beyond.

Led by CEO Dr. Ira Haimowitz and CMO Dr. Robert Shanik, Pediatric Affiliates serves as one of New Jersey’s largest pediatric groups, operating in six locations across the state with a focus on underserved patient populations. The partnership with Webster will allow Dr. Haimowitz and his colleagues to expand the model they have built – which they believe can transform pediatric healthcare delivery and outcomes everywhere. Additionally, the practice recently enhanced their offerings with behavioral health services, another transformational initiative the Webster partnership will accelerate.

Physician Growth Partners served as the exclusive transaction advisor to Pediatric Affiliates in its evaluation, negotiation, and execution of this transaction, which is one of the first private equity investments in a U.S. pediatric practice.

You can read more about this transaction at the Bloomberg Business, Yahoo! Finance, Morningstar and MiddleMarket.com websites.