FORT WORTH,
Texas, May 9, 2024 /PRNewswire/ --
VERTESS (http://vertess.com), a leading healthcare
mergers and acquisitions (M&A) advisory firm, was recently
named the #1 lower middle market investment bank for Q1 2024 by
Axial (http://axial.net), a private deal network serving
professionals who own, advise, and invest in North American
companies. The first quarter of 2024 saw 2,534 total sellside deals
marketed on the Axial platform, which was an increase from the
previous two quarters. In particular, healthcare was the industry
with the highest pursuit rate on the platform.
VERTESS also facilitated three transactions in Q1
2024. MyDoc Urgent Care (http://mydocuc.com), a
multi-location urgent care center based in Pennsylvania, was acquired by MyTown Health
Partners (http://mytownhealthpartners.com), a comprehensive
practice management services organization recently formed by
Webster Equity Partners. MyDoc Urgent Care provides urgent
care, primary care, occupational medicine, workers comp, physicals,
wellness and holistic medicine to local communities in
Philadelphia. VERTESS Managing Directors Anna Elliott and Blake
Peart represented the sellers in the transaction.
"We felt like the owners of myDoc became a part
of our family during the process," stated Anna Elliott, who has over 20 years of M&A
experience. "Our primary objective is to always meet the client
needs for their future goals," added Blake
Peart, a former executive with decades of operational
experience in hospitals and ambulatory surgery centers (ASCs).
"Their satisfaction is the top priority."
VERTESS Managing Director Dave Turgeon and Director Jack Turgeon led efforts on two significant
transactions in the intellectual and developmental disability
(I/DD) space. Gold Medal Home Health
(http://goldmedalhomehealth.com), an I/DD services provider based
in New Jersey, was acquired by
Abound Health (http://aboundhealth.com), a North Carolina-based leading provider
dedicated to supporting individuals with diverse needs.
North Valley Developmental Services, Inc., a
California I/DD company, was acquired by Merakey
(http://merakey.org), a national provider of services for children,
adolescents, and their families in areas of mental health and
autism based in Pennsylvania.
"Assisting companies who provide these valuable
supports is an extremely rewarding process. We know how
important it is to establish the right partnership to keep critical
services in place," commented Jack
Turgeon. "We are extremely pleased to have facilitated these
transitions."
For questions about VERTESS, please contact
Vaughne Glennie
at +1(520)395-0244 or 377494@email4pr.com
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SOURCE Vertess Healthcare Advisors