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Healthcare Transactions Q1 2021 | Bass, Berry & Sims PLC


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If there were any doubts about the resilience of the healthcare industry and its ability to withstand a global pandemic, those doubts have been put to rest. After showing signs of recovery in the second half of 2020, healthcare merger and acquisition (M&A) activity boomed during the first quarter of 2021 across multiple sectors, with a total of 596 transactions announced (representing a 42% increase over the same quarter last year).
The resurgence was fueled, in large part, by high transaction multiples and an abundance of weary, smaller providers seeking the stability and capital resources of private equity (PE)-backed platforms and other strategic buyers. According to Health Capital Consultants, Q1 2021 PE transaction volume came in lower than expectations given the strong activity in the latter half of 2020. However, they point to an unusually high concentration of transactions in the second half of 2020 (incl ....

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Provident Healthcare Partners Advises MidWest Eye Center In Its Affiliation With EyeSouth


Provident Healthcare Partners Advises MidWest Eye Center In Its Affiliation With EyeSouth
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BOSTON and LOS ANGELES, Jan. 12, 2021 /PRNewswire/  MidWest Eye Center ( MWEC ), a leading multispecialty ophthalmology provider in the Greater Cincinnati Tri-State Area, has affiliated with EyeSouth Partners ( EyeSouth ), a portfolio company of Shore Capital Partners ( Shore ).  MWEC serves over 51,000 patients from 19 clinical locations and two ASCs.  Provident Healthcare Partners (Provident) served as the exclusive financial advisor to MidWest Eye Center. The terms of the transaction were not disclosed.
Choosing Provident to represent us was an excellent decision for MWEC.  Provident listened to our diverse goals and was able to bring a wide range of partners to the table.  They educated us on every step of the process and advised us on a fantastic partnership that ensures our employees, patients and commun ....

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EyeSouth Partners Expands Network to Include 28 Doctors in Ohio and Kentucky Through Affiliation with Midwest Eye Center


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EyeSouth Partners Expands Network to Include 28 Doctors in Ohio and Kentucky Through Affiliation with Midwest Eye Center
January 11, 2021 GMT
ATLANTA (BUSINESS WIRE) Jan 11, 2021
EyeSouth Partners (“EyeSouth”) is pleased to announce that it has completed an affiliation with Midwest Eye Center (“MWEC”). The affiliation represents EyeSouth’s first in the states of Ohio and Kentucky. EyeSouth is an eye care-focused management services organization backed by Shore Capital Partners, committed to partnering with leading physicians to build a premier network of eye care services in the U.S. EyeSouth’s affiliate network consists of 21 practices with 185+ doctors providing medical and surgical eye care services at approximately 105 locations including 12 surgery centers throughout Georgia, Texas, Louisiana, Florida, Tennessee, Alabama, Ohio, and Kentucky. ....

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