A&M CAPITAL PARTNERS | 02.09.23

United Musculoskeletal Partners Announces Strategic Partnership With Two Multi-Location Orthopedic Practices In Dallas-Fort Worth

UMP Grows to 372 Total Providers Across Three States

ATLANTA – United Musculoskeletal Partners (UMP) announced today a strategic partnership with two Dallas-Fort Worth-based orthopedic practices. All-Star Orthopaedics, with four clinic locations, and OrthoTexas Physicians and Surgeons, PLLC (OrthoTexas), with five clinic locations and one surgery center, have joined the UMP platform. They join Texas-based UMP practices Arlington Orthopedic Associates, North Texas Orthopedics & Spine Center and Abilene Sports Medicine and Orthopedics to create a leading orthopedic platform offering world-class orthopedic care in the Dallas-Fort Worth area. These new practices bring UMP to 223 physicians and 372 providers across Texas, Georgia and Colorado and further establish UMP as a national leader in musculoskeletal care delivery.

“We are thrilled to welcome All-Star Orthopaedics and OrthoTexas to the UMP platform,” said Alex Bateman, CEO of UMP. “It is our goal to build the premier musculoskeletal enterprise in the country by joining forces with like-minded physician-owned and led orthopedic practices that share our commitment to putting the patient first and to growing through innovation and synergy. These two new additions to our platform strengthen that commitment and we look forward to working with them and with patients in all corners of the Dallas-Fort Worth area.”

“With these two new practices joining UMP, we now have 69 physicians and 110 providers practicing at 27 locations around the Metroplex,” said Brian Cormican, CEO of the UMP-Texas market. “That means that more patients in the area have access to the very best orthopedic care in the southwest close to home.”

“The quality of physicians already under the UMP umbrella is unmatched nationally and their commitment to delivering quality, cost-effective orthopedic care perfectly aligns with the way we approach our practice,” said Dr. Keith Heier, of OrthoTexas. “That commitment to patients coupled with a visionary management team with their eye on the future makes this move one that will benefit our patients as well as our practice.”

“All-Star Orthopaedics is excited to join United Musculoskeletal Partners,” said Dr. Mark Greenberg of All-Star Orthopaedics. “UMP has assembled an outstanding group of orthopedic surgeons in the North Texas region and has built an impressive national footprint of musculoskeletal providers. This partnership will allow our surgeons to focus on what we do best: providing the highest quality care to our loyal patients. It will also support growth and innovation, which will benefit our patients now and in the future.”

About United Musculoskeletal Partners

United Musculoskeletal Partners (UMP) was formed in December 2021 by Resurgens Orthopaedics, one of the nation’s largest orthopedic practices. UMP will partner with entrepreneurial, physician-owned orthopedic practices to deliver exceptional clinical care to patients around the country while simplifying the management functions of the practices under one umbrella company. www.umpartners.com

About All-Star Orthopaedics

For over 25 years, All-Star Orthopaedics has provided comprehensive orthopaedic care to patients in the Dallas-Fort Worth area. Having undergone extensive training in their respective specialties, the board-certified surgeons have become known for their advanced expertise in areas such as foot and ankle surgery, upper extremity care, spinal and neck surgery, joint replacement, and sports medicine. They are considered leaders in orthopedic care and are highly rated for providing exceptional patient care. The All-Star Orthopaedics team is committed to improving patients’ overall quality of life by finding the most beneficial treatment options based on their unique needs and lifestyle. www.allstarortho.com.

About OrthoTexas

OrthoTexas is a premier orthopedic center in North Texas. With locations in Carrollton, Frisco, Plano and Denton, their team of 13 physicians and surgeons is focused on delivering comprehensive and compassionate care for the full spectrum of musculoskeletal injuries and conditions. OrthoTexas has fellowship-trained specialists in Sports Medicine, Foot and Ankle, Hand and Wrist, Shoulder and Elbow, Joint Replacement, Spine, and Physical Medicine and Rehabilitation. Additionally, they have a team of Physical and Occupational therapists to provide a multi-disciplinary approach for their patients. Both surgical and non-surgical providers are focused on providing excellent, outcomes-based care. www.OrthoTexas.com.

About A&M Capital Partners

A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of approximately $3.0 billion. AMCP partners with founders, corporates and management teams, providing the capital and strategic assistance that we believe is required to take businesses to the next level of success. AMCP invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.35 billion in total assets under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally focused advisory firms in the world.

A&M CAPITAL PARTNERS | 12.05.22

Pet Network International Acquires Zoo Group Stefanov and Zvjerinjak

Pet Network International (“PNI” or the “Company”), a portfolio company of A&M Capital Europe (“AMCE”), a London-based middle-market private equity firm with €650 million of assets under management, has acquired Zoo Group Stefanov (“ZGS”) and Zvjerinjak, two prominent omnichannel pet care retailers based in Bulgaria and Croatia, respectively.

Founded in 2009, ZGS has a leading position in the attractive and high growth Bulgarian pet care market, trading under the Dr. Stefanov banner, which is widely recognised across Bulgaria for its outstanding product selection and customer service. ZGS operates 29 stores across Bulgaria and a highly successful ecommerce platform. PNI will combine its current operations in Bulgaria, including 5 stores, with ZGS, and will consolidate the store estate under the Dr. Stefanov banner and focus on its continued omnichannel growth.

Founded in 2013, Zvjerinjak operates 6 stores in Zagreb and will substantially bolster PNI’s presence in Croatia’s capital city through the addition of several sites with established customer bases and limited overlap with the existing PNI store estate. Zvjerinjak stores will be converted to PNI’s Pet Centar banner.

Following the closing of PNI in September 2021, these acquisitions strengthen the Company’s position as a leading omnichannel pet care retailer across all of its five markets in Southeast Europe.

AMCE and PNI were advised by Wolf Theiss, Savoric & Partners and Dickson Minto as legal advisers, and Deloitte as accounting and tax adviser.

About PNI

Headquartered in Croatia, PNI is a leading omnichannel pet care retailer across five countries in Southeast Europe. PNI operates over 200 directly owned stores as well as eCommerce platforms in Romania, Croatia, Slovenia, Serbia and Bulgaria, under the banners Animax, Pet Centar, Maxi Pet, Mr. Pet and Dr. Stefanov, selling pet food, treats, accessories as well as a growing offering of value-add services such as grooming and veterinary advisory services.

About A&M Capital Europe

AMCE is a pan-European, London-headquartered, middle-market private equity firm specialising in providing strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and Zvjerinjak and ZGS represent AMCE’s twelfth and thirteenth transactions respectively. More broadly, AMCE is part of Alvarez & Marsal Capital, a multi-strategy private equity investment firm with over €4.2 billion in total assets under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally focused advisory firms in the world. For additional information, please visit A&M Capital’s website atwww.a-mcapital.com.

A&M CAPITAL PARTNERS | 11.11.22

Carton Pack Acquires Ondapack

Carton Pack, a portfolio company of A&M Capital Europe (“AMCE”), a London-based middle-market private equity firm with €650 million of assets under management, has agreed to acquire Ondapack (the “Company”), an Italian paper, carton board and corrugated packaging producer from its founding family.

Founded in 1956, Ondapack primarily serves the fruit & vegetable end-market, as well as other food and industry segments. The Company employs ~70 people. Carton Pack has a long-standing commercial relationship with Ondapack and its founders, the Morgese family. The Company will continue to be led by its management team, including CEO Antonella Morgese.

The acquisition further enhances Carton Pack’s footprint in sustainable fibre-based products while expanding into new end-markets and is consistent with Carton Pack’s strategy to become a leading European food packaging specialist with a multi-material product offering. The transaction is Carton Pack’s first add-on acquisition since AMCE acquired a majority stake in the company in April 2022.

AMCE and Carton Pack were advised by Chiomenti and Weil, Gotshal & Manges as legal advisers and KPMG as accounting and tax advisers.

About Carton Pack

Headquartered in Puglia, Italy, Carton Pack provides specialist multi-material packaging solutions for the fruit & vegetable and ready-to-eat markets across Europe. The Company employs ~400 people and operates from 3 production facilities and 17 warehouses across Italy and Spain.

About A&M Capital Europe

AMCE is a pan-European, London-headquartered, middle-market private equity firm specialising in providing strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and Ondapack represents AMCE’s eleventh transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm with €4.3 billion in assets under management across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest operationally focused advisory firms. For additional information, please visit A&M Capital’s website at www.a-mcapital.com.

A&M CAPITAL PARTNERS | 10.20.22

BrightPet Expands Frozen and Freeze-Dried Portfolio with Acquisition of Bravo! Pet Foods

A&M Capital Partners-backed BrightPet extends its reach in growing premium pet food category and adds an innovative and respected brand to its portfolio

Lisbon, Ohio-(BUSINESS WIRE)–BrightPet Nutrition Group (“BrightPet”), a leading marketer and manufacturer of premium and super-premium pet foods, treats and care products, has completed the strategic acquisition of Bravo! Pet Foods (“Bravo”), a pioneer in frozen raw and freeze-dried pet diets. The transaction by BrightPet, a portfolio company of A&M Capital Partners (“AMCP”), a middle-market private equity investment fund, is the second in two years, reflecting the company’s commitment to a M&A strategy that bolsters its branded portfolio while extending capabilities in high growth market segments.

BrightPet serves domestic and more than 30 international markets with branded, private label, and contract manufactured products. BrightPet operates a portfolio of widely recognized leading consumer brands, including Stewart®, Blackwood®, Adirondack®, By Nature®, Miracle Care® and Hamilton®, with holistic and natural solutions.

“The Bravo brand is widely known and has been respected for more than 20 years. We believe Bravo’s commitment to innovation, premium ingredients and the highest standard of manufacturing aligns well with BrightPet,” said Dave Kowal, CEO of BrightPet. “This acquisition supports our vision to be the most valued pet platform in the industry. By expanding our branded portfolio and strengthening our production capabilities, we expect to continue the growth trajectory BrightPet has established over the past few years.”

Founded by the Bogner family in 2002 in Manchester, Conn., Bravo was one of the first brands to manufacture and sell frozen raw and freeze-dried pet food, and is a leader in educating the industry and pet parents as to the health benefits of a raw diet. In addition to a range of treats, chews and supplements for dogs and cats, Bravo offers five meal solutions, including complete and balanced meals as well as customizable nutrition plans. Bravo products include:

• Bravo! Homestyle Complete: freeze-dried raw meals maximizing nutrition, flavor and texture,
• Bravo! Balance: frozen chubs and burgers, complete and balanced dinners containing essential nutrients,
• Bravo! Blends: a four-part, limited ingredient formula,
• Bravo! Basics: a medley of meat, bone and organ meat, and
• Bravo! Boneless: nothing but real meat or fish.

Melinda Miller, former CEO of Bravo, will join BrightPet as the Vice President of Bravo Brands. Melinda is a leading expert in nutrition, formulation and innovation, and she will help lead the integration of capabilities through the BrightPet portfolio.

“We could not be more excited for Bravo to join the BrightPet family of brands,” said Miller. “We believe BrightPet and AMCP immediately provide complementary resources, enabling the creation of new products for years to come. BrightPet’s commitment to innovation, quality, reliability, and safety provide an unmatched foundation to grow together.”

“When we acquired BrightPet, our goal was to grow the Company into a premier platform in pet food, treats, and care products, with a differentiated portfolio of meaningful brands and best-in-industry production capabilities,” said Ryan McCarthy, Partner at AMCP. “In the two years since our acquisition, BrightPet has achieved significant domestic and international growth in super-premium product categories and increased share in high-growth channels, including e-commerce. We have completed two strategic acquisitions and have more than doubled the Company’s revenues, the number of brands in our portfolio, and, most importantly, invested heavily in manufacturing capabilities to consistently deliver new and innovative product offerings. We believe our domestic production capabilities, growing portfolio of brands, and industry-leading innovation are compelling differentiators for those looking for a manufacturing partner or to become part of a larger platform. We look forward to continuing to add complementary and accretive businesses to the BrightPet family.”

Calfee, Halter & Griswold LLP provided legal counsel to AMCP and BrightPet.

For more information about BrightPet, please visit www.brightpetnutrition.com.

About BrightPet Nutrition Group

BrightPet Nutrition Group is a leading manufacturer and marketer of premium and super-premium pet foods, treats and care products. Serving the U.S. and more than 30 international markets with branded, private label and contract manufactured goods since 1978, BrightPet has pioneered both freeze-dried treats and slow-cooked, small-batch kibble. BrightPet operates a portfolio of leading holistic, natural and organic consumer brands, including Stewart®, Blackwood®, Adirondack®, By Nature®, Miracle Care®, Bravo® and Hamilton®. For more information about BrightPet, please visit www.brightpetnutrition.com.

About Bravo! Pet Foods

Founded in 2002, Bravo brings 20 years of knowledge and experience to the creation of species-appropriate, all-natural, fresh-frozen raw diets, freeze-dried diets and treats, and all natural chews. Bravo was a pioneer in establishing the raw diet and freeze-dried category within the pet industry. Guided by the principle of “Making Healthy Happen”, Bravo’s ultra high quality, meat-based, limited ingredient products are made in the USA using only ingredients that have been inspected and approved for human consumption. For the full story, visit www.BravoPetFoods.com.

About A&M Capital Partners

A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of approximately $3.0 billion. AMCP partners with founders, corporates and management teams, providing the capital and strategic assistance that we believe is required to take businesses to the next level of success. AMCP invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.35 billion in total assets under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally focused advisory firms in the world.

Contacts
Alexis Moncrief
Fahlgren Mortine
alexis.moncrief@fahlgren.com
216-298-4626

A&M CAPITAL PARTNERS | 10.06.22

A&M Capital Opportunities is Pleased to Announce its Investment in Heartland Business Systems, a Leading Provider of IT Solutions

AMCO is pleased to announce its investment in Heartland Business Systems (“Heartland”), a leading provider of information technology services serving commercial, public sector, and small-to-medium sized businesses across the Midwestern US. The Company has over 600 full-time employees, including over 225 trained/certified engineers experienced. Heartland services a large base of over 2,800 customers by providing end-to-end customized technology solutions backed by a local team of highly skilled experts.

Based in Little Chute, WI, Heartland services its customers from 12 regional offices throughout Wisconsin, Minnesota, Nebraska, Illinois, Missouri, Arkansas and Arizona. In its next phase of growth, Heartland expects to pursue acquisition opportunities as it continues its expansion into new geographies, end markets and service offerings.

About Alvarez & Marsal Capital

Alvarez & Marsal Capital (“AMC”) is a multi-strategy private equity investment firm with over $4.35 billion in total assets under management across six funds and four investment strategies. The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

About A&M Capital Opportunities

A&M Capital Opportunities (“AMCO”), with assets under management of $500 million, is AMC’s lower middle market growth strategy, focused on control, shared control, and structured minority equity investments in North America. AMCO partners with business owners and management teams to help recapitalize and grow businesses, leveraging deep operational capabilities and industry relationships to position them for accelerated long-term growth. We have significant experience with all types of transactions, including growth equity, growth buyouts, recapitalizations, and consolidations of fragmented sectors.

A&M CAPITAL PARTNERS | 09.06.22

Ayesa Agrees to Acquire Ibermática

Acquisition Will Nearly Double Revenue of Combined Group to Over €600 Million

Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), has agreed to acquire Ibermática, a leading Spanish IT services company, from ProA Capital and the remaining minority shareholders, including ONCE and Kutxabank.

The transaction is expected to close before year-end, following approval by the relevant authorities. The terms of the transaction were not disclosed.

Founded in 1973, Ibermática (“IB”) is one of the leading IT services providers for large corporates in Spain and counts many IBEX 35 companies as clients. IB offers a wide-ranging portfolio of solutions spanning IT consultancy, cybersecurity, cloud computing and data analytics. At the end of 2021, IB had approximately 4,750 employees and revenue of €276 million.

Through this transaction, we believe Ayesa will be able to consolidate its position in the Spanish IT services market, becoming one of Spain’s foremost service providers. The combined group will employ over 11,000 professionals worldwide, generate more than €600m in revenue, and benefit from enhanced technological capabilities, broad and complimentary sector coverage, a deeper nationwide presence, and a reinforced international footprint.

Following the recent acquisitions of Byrne Looby in Ireland and M2C in Spain, IB constitutes Ayesa’s third add-on acquisition since AMCE’s majority investment in January 2022.

Arcano acted as financial advisor to AMCE and Ayesa, BCG as a commercial adviser, Alvarez & Marsal as an operational adviser, EY as an accounting adviser, Houlihan Lokey as a debt adviser, and Pérez-Llorca and Weil, Gotshal & Manges as legal advisers.

About Ayesa

Headquartered in Spain, Ayesa is a leading international provider of IT and engineering services with over 6,300 employees in 20 countries across Europe, Latin America, and Asia. The IT Services division provides an extensive portfolio of IT and digital transformation solutions, including software implementation and maintenance services, data management and analytics, cybersecurity and process automation, among others. The Engineering Services division provides infrastructure project management and design services primarily in the civil engineering market. In 2021, the group, led by CEO José Luis Manzanares Abásolo, recorded sales of €322 million.

About A&M Capital Europe (“AMCE”)

AMCE is a pan-European, London-headquartered, middle-market private equity firm specialising in providing strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and Ibermática represents AMCE’s eleventh transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm with over €4.3 billion in assets under management across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest operationally

A&M CAPITAL PARTNERS | 08.01.22

A&M Capital Opportunities Announces Sale of Crash Champions

GREENWICH, CT – Crash Champions, LLC (“Crash Champions” or the “Company”), a leading independent collision repair service providers and a portfolio company of A&M Capital Opportunities (“AMCO”), announced on August 1, 2022 that it successfully completed a sale of the business to Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), in which the Company simultaneously executed a strategic transaction with Service King Collision (“Service King”). Crash Champions’ management team and operating partners, alongside Clearlake, with a minority investment from A&M Capital Strategic Investments Fund, will lead the combined Company going forward. Following closing and integration, the Company will operate over 550 total locations across 35 states and the District of Columbia under the Crash Champions name and banner. Terms of the transaction, which is subject to customary closing conditions including regulatory clearances, were not disclosed.

Founded in 1999 by Matt Ebert, Crash Champions is a U.S. operator of over 200 collision repair facilities. Having expanded from a single storefront in Chicago into a present-day network of 20 states, each location is built on the Company’s founder and operator-led values, championing customer service and workplace satisfaction.

Since its founding in 1976, Service King has grown into one of the industry’s largest collision repair platforms with over 330 locations spanning 24 states. Today, Service King offers deep footprint coverage in many of the nation’s fastest growing MSAs, including Atlanta, Austin, Dallas, Houston, Las Vegas, Nashville, Phoenix, Salt Lake City, San Antonio, Seattle, and Washington, D.C. Partnering with Crash Champions will allow Service King to better serve its customers and carrier partners, while driving long-term value for employees, vendors, and investors.

“Today is an exciting day for Crash Champions and another major milestone in our growth story,” said Mr. Ebert, founder and CEO of Crash Champions. “This strategic combination further enhances our ability to serve our customers and insurance partners while creating advancement opportunities for our team members across both organizations.” Following the closing of this deal, the combined Company’s total workforce will exceed 9,200 team members. Crash Champions and Service King have highly complementary geographic footprints with limited overlap. “We remain committed to the operator-first mindset that has guided us throughout our history. This approach has enabled us to successfully integrate hundreds of shops and thousands of employees into one of the leading employers in the collision repair industry,” concluded Mr. Ebert.

AMCO acquired a majority interest in Crash Champions on July 31, 2019 and was attracted to the opportunity to utilize the firm’s expertise scaling and professionalizing high growth businesses. Crash Champions, as a leading Chicago-based collision repair chain, provided the opportunity to invest in a high growth MSO of collision repair centers that operated in a fragmented, but large and stable industry. Under AMCO’s three-year ownership, the firm supported the Company’s expansion from 8 original shops to over 200 shops across 20 states.

About Crash Champions

Crash Champions is a leading independent collision repair company operating over 200 state-of-the-art centers across 20 states—including: California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Oregon, Washington, and Wisconsin—as well as Washington, DC. Founded in 1999 as a single shop outside Chicago by industry veteran and entrepreneur Matt Ebert, today Crash Champions is one of the fastest growing and largest founder-led and operated collision repair MSOs in America. For more information, visit www.crashchampions.com.

About A&M Capital Opportunities

AMCO, with assets under management of $500 million, is Alvarez & Marsal Capital’s lower-middle market growth strategy, focused on shared control and structured minority equity investments in North America. AMCO partners with business owners and management teams to help recapitalize and grow businesses, leveraging deep operational capabilities and industry relationships to position them for accelerated long-term growth. AMCO has significant experience with all types of transactions, including growth equity, growth buyouts, recapitalizations, and consolidations of fragmented sectors. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.4 billion in total assets under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally focused advisory firms in the world. For more information, visit https://www.a-mcapital.com/.

A&M CAPITAL PARTNERS | 07.20.22

United Musculoskeletal Partners Announces Merger with Novum Orthopedic Partners and Addition of Founding Practice

Atlanta, GA – United Musculoskeletal Partners (UMP) announced today its merger with Dallas-based Novum Orthopedic Partners (Novum), to form the premier physician-owned orthopedic platform in the country. In addition, Denver-based Panorama Orthopedics (Panorama) joins Atlanta-based Resurgens Orthopaedics (Resurgens) and Dallas-based Arlington Orthopedic Associates (AOA) as co-founding partners of UMP. Together, these new partnerships establish UMP as a national leader in musculoskeletal care delivery.

UMP, led by CEO Alex Bateman, is a joint venture of leading orthopedic practices and private equity group Welsh, Carson, Anderson & Stowe (WCAS). With the addition of Novum and Panorama, UMP grows to nearly 190 physician partners and 320 total providers across Colorado, Georgia and Texas.

Backed by A&M Capital Partners (AMCP), Novum launched its orthopedic platform in December 2021 by bringing together AOA, Abilene Sports Medicine & Orthopedics and Waxahachie Orthopedic and Sports Medicine and investments in two leading surgical facilities captive to those practices. Inclusive of the recent addition of North Texas Orthopedics & Spine Center, the four Novum practices will join UMP, with AMCP joining as go-forward sponsor partners alongside WCAS.

“I believe this partnership of elite orthopedic groups, backed by WCAS and AMCP, will be transformative, as we come together to deliver the very best patient care and drive innovation and growth,” said Bateman. “This merger will allow UMP to continue adding like-minded practices to our footprint, as we build the leading musculoskeletal enterprise in the nation.”

Eric Slimmer, Chief Development Officer for Novum said, “The timing was serendipitous that we could merge these two newly formed ventures into one, high-performing platform. Our visions are aligned and that favorably positions us to execute on our goals together.”

“This partnership is especially exciting for Panorama as we join forces with Novum, Resurgens, WCAS and AMCP under the UMP platform to create more access for patients to world-class orthopedic and musculoskeletal care,” said Mark Conklin, MD, President of Panorama. “Together, we can continue paving the way for the future of orthopedics.”

About United Musculoskeletal Partners
United Musculoskeletal Partners (UMP) was formed in December 2021 by Resurgens Orthopaedics, one of the nation’s largest orthopedic practices, and leading private equity firm WCAS. UMP will partner with entrepreneurial, physician-owned orthopedic practices to deliver exceptional clinical care to patients around the country while simplifying the management functions of the practices under one umbrella company. More information at www.umpartners.com.

About Novum Orthopedic Partners
Novum Orthopedic Partners is an innovator in the field of orthopedic practice management. The Company’s model allows for practices of all sizes to maintain local autonomy and independence while achieving the benefits of scale in a national team setting. Novum’s strategy, structure and time-tested model are designed to meet future demands and deliver sustained growth. For more information, please visit www.novumortho.com.

About Panorama Orthopedics
The orthopedic providers at Panorama are highly trained and focused on specific sub-specialties. With over 100 physicians and advanced practice providers, we offer orthopedic specialists in sports medicine, orthopedic trauma, hand, wrist and elbow, foot and ankle, hip preservation, joint replacement and spine care. In addition, we offer non-operative pain management specialists and physical therapists. Our entire team works together with one goal in mind, to help get you back to feeling better so you can lead an active life. For more information visit www.panoramaortho.com.

About Welsh, Carson, Anderson & Stowe
WCAS is a leading U.S. private equity firm focused on two target industries: healthcare and technology. Since its founding in 1979, the firm’s strategy has been to partner with outstanding management teams and build value for its investors through a combination of operational improvements, growth initiatives and strategic acquisitions. The firm has raised and managed funds totaling over $30 billion of committed capital. For more information, please visit www.wcas.com.

About A&M Capital Partners
A&M Capital Partners (“AMCP”) is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of approximately $2.9 billion. AMCP partners with founders, corporates and management teams, providing the capital and strategic assistance that we believe is required to take businesses to the next level of success. AMCP is part of Alvarez & Marsal Capital (AMC), a multi-strategy private equity investment firm with over $4.2 billion in total assets under management across four investment strategies, which maintains a strategic association with Alvarez & Marsal, one of the largest operationally-focused advisory firms in the world. More information is available at www.pulsecreative-clients.com/staging/amcp.

A&M CAPITAL PARTNERS | 07.11.22

Novum Orthopedic Partners Expands Its Physician Practice Management Platform in Dallas-Fort Worth with Investment in North Texas Orthopedics & Spine Center

The new partnership represents a continuum of Novum’s strategy to build a network of like-minded, entrepreneurial orthopedic practices and surgery centers in Texas and across the U.S.

DALLAS ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­– Novum Orthopedic Partners (Novum), a leader in orthopedics and spine practice management, has made a strategic investment in Dallas-Fort Worth-based North Texas Orthopedics & Spine Center (NTO), one of the regions most respected orthopedic practices. NTO delivers a full suite of musculoskeletal services, including orthopedic consultation, surgeries, pain management, diagnostic imaging, and physical therapy through an integrated care network. 

“Novum’s footprint in the Dallas-Fort Worth region is rapidly growing, and we see an opportunity to operationalize our practice in a way that delivers more value to our patients, physicians, and leadership team,” said Lora Fulmer, Chief Executive Officer at NTO. “By joining Novum, we expect to streamline burdensome administrative tasks for our staff, especially in areas such as billing and compliance, while providing our physicians with real-time operational and clinical benchmarks to improve patient outcomes and overall practice performance.”

“Novum’s ability to deliver value to practice providers and improve the patient experience are just two reasons we joined the Novum team,” added Dr. Michael Briseño, President and Spine Surgeon at NTO. “Our physician group is excited to enter into this new era of medicine while partnering with Novum and their growing bench of outstanding orthopedic providers and support networks.”

The investments are a continuum of Novum’s strategy to partner with like-minded, entrepreneurial orthopedic practices across the U.S. The model provides practice partners with a full suite of technology-enabled compliance, revenue cycle and financial services that can improve operational efficiency and empower physicians to deliver best-in-class clinical care. With the closing of NTO, Novum has expanded its practice management platform to include 47 orthopedic and spine physician partners and more than 400 employees across 10 practice locations, 3 affiliated surgical facilities and 10 physical therapy sites in Texas.

“We’ve developed an attractive, fast-growing model centered around delivering technology-enabled infrastructure and outstanding personnel,” said Eric Slimmer, Novum’s Chief Development Officer. “The model empowers independent orthopedic practices to remain locally managed and physician-led while equipping them with data-driven solutions that create a better experience for patients and physicians.”

“We are excited to welcome the NTO team to the Novum partnership,” said Alex Sacripanti, Vice President at AMCP. “NTO’s commitment to best-in-class clinical quality, together with Novum’s access to resources and our capital investment, creates a powerful partnership to grow and expand Novum in the highly attractive Texas market. We are thrilled to partner with their team of providers.”

About North Texas Orthopedics & Spine Center
Since 1990, North Texas Orthopedics & Spine Center has been committed to providing its patients with the highest level of compassionate, specialized orthopedic and sports medicine care. Recognized as the region’s preferred orthopedic practice, NTO’s specialists are leaders in the diagnosis and treatment of the musculoskeletal system, offering surgical and nonsurgical treatments for every bone, joint, muscle, tendon, and ligament injury and condition, including arthritis of the knee, ankle sprains, and hip fractures. To learn more, please visit www.ntxortho.com.

About Novum Orthopedic Partners
Novum Orthopedic Partners is an innovator in the field of orthopedic practice management. The Company’s model allows for practices of all sizes to maintain local autonomy and independence while achieving the benefits of scale in a national team setting. Novum’s strategy, structure and time-tested model are designed to meet future demands and deliver sustained growth. For more information, please visit www.novumortho.com.

About A&M Capital Partners
A&M Capital Partners (“AMCP”) is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America, with total assets under management of over $2.9 billion. AMCP partners with founders, corporations and management teams to provide the capital and strategic assistance that it believes is required to take businesses to the next level of success. AMCP invests in businesses across a wide range of sectors, including Industrial Products, Consumer Products and Services, Healthcare, Business Services and Government Services.

About Alvarez & Marsal Capital
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.2 billion in total assets under management across four funds and three investment strategies.  The privately-owned firm is led by a highly experienced investment team, which is augmented by its strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally focused advisory firms in the world.  AMC’s business model combines a focus on middle-market private equity investing with the deep operational expertise, industry knowledge and global corporate relationships of A&M, making it a uniquely attractive partner to management teams, corporates and business owners.

About Alvarez & Marsal
A&M is a privately-owned independent global professional services firm that leverages an industry leading group of experienced operating executives who help businesses improve performance, solve problems and unlock value for stakeholders.  A&M has over 6,000 operating professionals and employees in 67 offices across North America, Europe, the Middle East, Asia and South America.  A&M has expertise across all major industry sectors and extensive functional capabilities in nearly all primary areas of a business enterprise including, among others, operations, revenue enhancement, sales and marketing, manufacturing, IT, finance, working capital management, supply chain and logistics, real estate, human capital management, merger integration and carve-out support.

Contact
Eric Slimmer
Chief Development Officer
eric.slimmer@novumortho.com
(405) 923-1296

A&M CAPITAL PARTNERS | 07.08.22

GS Foods Group Acquires Graves Foods – Expanding Operations in the Midwest

New acquisition enhances presence in Midwest region and Strengthens operations for the future

GS Foods, a world class foodservice distributor owned by affiliates of Highview Capital and A&M Capital Partners(“AMCP”), today announced its acquisition of Graves Foods, a leading foodservice distributor headquartered in Jefferson City, Missouri.    

With more than 50 years of industry experience, GS Foods encompasses a family of specialized companies that provides trusted food distribution and product solutions nationwide. The acquisition of Graves follows GS Foods’ recent acquisition of C&C produce, headquartered in Kansas City, and the opening of their Wright City, Missouri distribution center.

“Integrating Graves Foods into the GS Foods’ family solidifies our role as a leading operator in the Midwest region”, said Sean Leer, CEO, GS Foods. “Together, we bring over 100 years of experience to the table for customers. We are excited to incorporate the Graves family into our leadership team knowing they share our commitment to providing the highest-quality products and best service in the industry.”

Founded in 1947, Graves Foods has established itself as a dependable source of foodservice products and services in the Midwest, serving Missouri, Oklahoma, Kansas, Arkansas, Iowa, and Illinois. Building on decades of experience, Graves provides products and services to diverse sectors including healthcare, education, restaurants, convenience, and hospitality.

“After many years of growth and expansion, Graves Foods is excited to reach another key milestone – integrating with a leading national food distributor that shares our company values,” said Dick Graves. “As a family-founded business, we, along with our experienced and valuable team, take great pride in feeding the Midwest in a friendly and responsible way as any family would. GS Foods shares this philosophy and today’s combination will not only enhance our commitment to customers but strengthen our operations for the future.”

As part of the acquisition, the Graves family leadership team will join GS Foods and collaborate closely with the team going forward. Both companies expect a seamless transition for both employees and customers.

About GS Foods Group
GS Foods Group is a leading specialized food distributor primarily serving the K-12 schools and corrections markets, and was created through the merger of Gold Star Foods and Good Source Solutions. GS Foods tailors its sales and marketing programs to ensure that more K-12 school students and other customers have access to healthy and cost-effective meals each day. The combined company has a national footprint with substantial market presence across the United States, serving over 8,000 customers nationwide.

About A&M Capital Partners
A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on middle-market control transactions in North America with total assets under management of $2.9 billion. A&M Capital Partners has a strong and referenceable track record of serving as a trusted partner to founders, corporates and management teams, providing the capital and strategic assistance required to take businesses to the next level of success.  A&M Capital Partners invests in businesses across a wide range of sectors including Business Services, Industrials, Manufacturing, Food & Beverage, Healthcare, Consumer & Retail, Government Services, Financial Services and Energy Services.

About Alvarez & Marsal Capital
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.2 billion in assets under management across six funds and four investment strategies. The firm is led by a highly experienced investment team, which is augmented by a strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. Alvarez & Marsal Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making Alvarez & Marsal Capital an attractive partner to management teams and business owners.  Alvarez & Marsal Capital is headquartered in Greenwich, CT with offices in Los Angeles, CA and London, England. For more information, visit www.pulsecreative-clients.com/staging/amcp.

Contact
Ale Amesquita
Director of Business Development, A&M Capital Partners
ale@a-mcapital.com
424.354.5238