A&M CAPITAL PARTNERS | 09.25.23

Leading National Security Solutions Provider VTG Receives Majority Investment From A&M Capital Partners

Chantilly, Va. – VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has received a new majority investment from A&M Capital Partners.

“I have never been more enthusiastic or optimistic about VTG’s future,” said John Hassoun, VTG President and CEO. “This partnership with AMCP will accelerate VTG’s growth trajectory, allowing us to make investments in the emerging capabilities and technologies most needed by our customers, and providing our employees with tremendous new career opportunities.”

Tracing its earliest roots to 1866, VTG engineers solutions across all classes of naval warships and submarines, a diverse array of aircraft, and a comprehensive suite of C5ISR, combat and weapon systems. The Company also develops undersea and autonomous technologies for the U.S. Navy, and delivers digital solutions and specialized mission support to the U.S. Intelligence Community. VTG has been a portfolio company of The Jordan Company since 2012. TJC exited its ownership of VTG as part of this transaction.

“We are very excited about our partnership with VTG,” said Jack McCarthy, Managing Partner and Founder of A&M Capital. “The Company’s strong portfolio of long-tenured contracts supported by a highly experienced leadership team positions the business well for continued growth over the coming years.”

“We view VTG as a highly attractive platform with differentiated technical and delivery capabilities,” said Alex Nivelle, a Partner of A&M Capital. “VTG is well positioned for expansion across its Defense and Intelligence Community customer base, and we look forward to working with the management team to pursue a hybrid organic and acquisition-driven growth strategy.”

A&M Capital Partners was advised by Kirkland & Ellis LLP. VTG was advised by Baird, Citizens Capital Markets and Mayer Brown LLP.

About VTG

VTG delivers modernization and digital transformation solutions that expand America’s competitive advantage in the modern battlespace. Headquartered in Chantilly, Virginia, VTG provides full lifecycle engineering for naval, aerospace, network and digital requirements. Whether at sea, in the air, on land, or in cyberspace, VTG delivers Tomorrow’s Transformation Today. For more information, visit us at www.VTGdefense.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 $3.3 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 $4.8 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.a-mcapital.com.

Media Contacts

Sarah Lemn
Vice President, VTG
Sarah.Lemn@VTGdefense.com
757-217-0752

Ale Amesquita
Director of Business Development, A&M Capital Partners
ale@a-mcapital.com
424-354-5238

A&M CAPITAL PARTNERS | 06.14.23

Empress Ambulance Service Acquires Certain Assets of Mobile Life Support Services

Empress Ambulance Service had over 800 staff and 130 emergency vehicles prior to these additions

JEMS Staff

06.14.2023

Empress Ambulance Service closed a deal acquiring certain assets of Mobile Life Support Services, Inc. (“Mobile Life”) on June 14, 2023. This transaction follows closely Empress’s acquisition of certain assets of Rockland Mobile Care (a division of Rockland Paramedics Services), which took place on April 30, 2023.

Mobile Life is a privately owned commercial ambulance service started by Gayle Metzger and her late husband, Rick, in 1981. Since then, the company, which provides 911 ambulance service to many of the municipalities in the Hudson Valley area of New York State, has grown to nearly 300 EMS professionals with a fleet of over 65 emergency vehicles.

Rockland Mobile Care was the non-emergency ambulance division of Rockland Paramedic Services. Started in 1999 in response to a need for quality ambulance transportation between healthcare facilities in an efficient and professional manner, Rockland Mobile Care will remain a critical part of the continuum of patient care with Empress.

Empress, a PatientCare EMS Solutions (“PatientCare”) company, with over 800 staff and 130 emergency vehicles prior to these additions, provides emergency and non-emergency ambulance services to municipalities and hospital systems in New York’s Westchester County, the Bronx and Manhattan boroughs, and has a significant existing presence in the Hudson Valley region. In addition to its primary ambulance services, Empress offers a mobile integrated health (MIH) service providing on-site care to patients who do not need to be transported to the hospital.

“We are excited to continue to grow our company. The acquisition of certain assets of Mobile Life and Rockland Mobile Care give us the opportunity to strengthen our relationships with current clients and provide the people and resources to meet their increasing needs. Our intention is to minimize any operational disruption and to ensure consistent quality service for the communities these companies serve,” said Michael Minerva, president of Empress. “These transactions support our mission to be the provider of choice for hospital networks and other facilities in the greater New York Area.”

As part of the larger PatientCare family of companies which has operations in Florida, South Dakota, Texas and New York, Empress will have the ability to expand critical services and offer mobile healthcare programs throughout the service areas.

“Acquiring these assets is aligned with our corporate strategic growth goal of expansion in the area,” said Herman Schwarz, CEO of PatientCare. “We are already immersed in these markets and are excited to be able to provide further support to our current customers, as well as expand our customer base, through these transactions.”

A&M CAPITAL PARTNERS | 06.06.23

Med-Metrix Announces the Acquisition of Tritech Healthcare Management, Strengthening the Company’s Complex Claims Solutions

PARSIPPANY, N.J., June 6, 2023 /PRNewswire/ — Med-Metrix, LLC (“Med-Metrix”, or the “Company”), a leading provider of technology-enabled, Revenue Cycle Management (“RCM”) solutions, backed by A&M Capital Partners (“AMCP”), announced it has acquired Tritech Healthcare Management, LLC (“Tritech”). Tritech is a provider of complex claims solutions for health systems, hospitals and other healthcare providers. Tritech’s capabilities further enhance Med-Metrix’s complex claims offering. Financial terms of the transaction were not disclosed.

One of the largest complex claims companies in the Northeast market, Tritech is a trusted partner to its healthcare providers as the Company manages workers’ compensation and motor vehicle claims. They will continue to serve over 40 customers across a diversified mix of healthcare providers. Tritech is based in Melville, NY and was founded in 1999.

“I am excited to build upon Tritech’s brand as a best-in-class complex claims platform with decades of domain expertise,” said, Joseph Davi, Founder and CEO of Med-Metrix. “We believe Tritech has built a terrific company with a differentiated platform, and we look forward to integrating Tritech’s solutions,” said Rob Wright, President of Med-Metrix.

“Tritech is thrilled to join forces with Med-Metrix and this combination will continue to build upon our momentum in the complex claims market,” said Timothy Damadian, Partner and Co-Founder and Greg Heinemann, Partner and Co-Founder of Tritech.

“We are excited to welcome the Tritech team to Med-Metrix. AMCP looks forward to supporting Med-Metrix’s current trajectory, including continued organic growth and additional M&A opportunities,” said Rob Haisch, a Partner of AMCP.

About Med-Metrix

Med-Metrix is a leading technology-enabled services platform providing RCM and Business Intelligence solutions for health systems and physician groups across the United States. Med-Metrix provides RCM and BI services via the Company’s proprietary software platform, AnalytX. More information is available at www.med-metrix.com.

About Tritech Tritech Healthcare Management, LLC (“Tritech”) provides Workers’ Compensation and No-Fault billing services for over 40 hospitals and other entities. It is one of the largest Workers’ Compensation and No-Fault billing companies in the Northeast. Tritech was established in 1999. More information is available at www.tritechhcm.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 $3 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. More broadly, Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $4.5 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.a-mcapital.com.

SOURCE Med-Metrix, LLC

A&M CAPITAL PARTNERS | 05.19.23

INSPYR Solutions Announces Acquisition of Ntelicor, Expanding Consulting and Solutions Services

Fort Lauderdale, Fla. and Houston, Texas – INSPYR Solutions (the “Company”), a leading IT staffing and technology solutions firm, announced today that it has acquired Ntelicor, LLC (“Ntelicor”), an IT staffing and solutions company. This acquisition will strengthen INSPYR Solutions’ national presence as the Company seeks to expand its brand and further enhance its capabilities to serve its talent and clients.

Originally founded in 2002, INSPYR Solutions was formed through the combination of TekPartners, a P2P Company, and Genuent. The Company has since grown to employ nearly 2,000 professionals nationwide across twelve key markets. The Company is an experienced provider of information technology staffing and solutions to blue chip customers across a variety of end markets. Since 2021, INSPYR Solutions has been a portfolio company of A&M Capital Partners.

Based in Dallas, Texas, Ntelicor is a national provider of highly technical strategic staffing and consulting services across numerous end markets, including aviation, hospitality, manufacturing, and federal government. Founded in 1998, Ntelicor currently employs over 200 professionals with an array of technical skill sets.

Kip Wright, Chairman and CEO of INSPYR Solutions, commented, “We are very excited to welcome the Ntelicor team to the INSPYR Solutions family. Ntelicor has a proven track record of success in the industry and has built an attractive portfolio of top clients that made them an excellent choice to partner with INSPYR Solutions. We look forward to continuing to build on that legacy of success as we work together toward our shared goal of increasing our influence in the IT staffing and solutions space across various industries. This will enable us to support new clients in these verticals and offer enhanced services to those we already work with.”

“Our team is thrilled to join the INSPYR Solutions family and build on our mutual success. Together, we will be better positioned to facilitate the type of long-term growth that will allow us access to new and exciting opportunities for development,” said Mark Cohen, CEO of Ntelicor. “We are looking forward to working with the INSPYR Solutions team to expand our geographic footprint, add to our service offerings, and enhance the solutions we provide in the public and private sectors.”

About INSPYR Solutions

As a leading technology solutions company, we connect top IT talent with clients to provide innovative business solutions through our IT Staffing, Professional Services, and Infrastructure Solutions divisions. There are four elements that set us apart and serve as pillars of our company philosophy: Quality, Expertise, People, and Relationships. By always striving for excellence in these areas and focusing on the human aspect of our business, we work seamlessly together with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.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 $3.1 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 $4.65 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.a-mcapital.com.

Contact

Milgrim Bello
Vice President of Strategic Marketing, INSPYR Solutions
mbello@inspyrsolutions.com
954.607.1238

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

A&M CAPITAL PARTNERS | 05.14.23

INSPYR Solutions Announces Acquisition of ProTask, Expanding Consulting and Solutions Services

Fort Lauderdale, Fla. and Houston, Texas – INSPYR Solutions (the “Company”), a leading IT staffing and technology solutions firm, announced today that it has acquired ProTask, a strategic staffing and consulting agency. This acquisition will result in an even stronger national presence for INSPYR Solutions as the Company seeks to further build out its brand and expand its geographic footprint across the country.

Founded in 2002, INSPYR Solutions, which was formed through the combination of TekPartners, a P2P Company, and Genuent, has grown to employ nearly 2,000 professionals nationwide across twelve office locations.  The Company is an experienced and leading provider of information technology staffing and solutions to blue-chip customers across a variety of end markets. Since 2021, INSPYR Solutions has been a portfolio company of A&M Capital Partners.  

Based in Washington, D.C., ProTask is a regional provider of highly technical, strategic staffing and consulting services across numerous end markets, including financial services, healthcare, financial technology and telecommunications.  Founded in 2010, ProTask currently employs over 100 professionals with an array of skill sets. 

Kip Wright, Chairman and CEO of INSPYR Solutions, commented, “Our strategic plan includes the aggressive expansion of our geographic presence in the U.S. through both organic growth and purposeful acquisitions. ProTask stood out as an attractive team to join the INSPYR Solutions family due to their thriving business built on deep relationships and delivering quality technical resources to their client base. We are excited to welcome the ProTask team into the INSPYR Solutions family and look forward to building on this momentum for further growth and success.”

 “With the similarities and synergies between our two businesses, it made sense to join forces. Our objective with this transaction is to leverage their capabilities to accelerate our growth in the Mid-Atlantic region,” said Donna Gibb, President and Founder of ProTask. “I’m looking forward to having ProTask join the INSPYR Solutions family and work with their team to not only continue the momentum we have built to date but contribute to the achievement of INSPYR Solutions’ long term growth strategy.”

About INSPYR Solutions

As a leading technology solutions company, we connect top IT talent with clients to provide innovative business solutions through our IT Staffing, Professional Services, and Infrastructure Solutions divisions. There are four elements that set us apart and serve as pillars of our company philosophy: Quality, Expertise, People, and Relationships. By always striving for excellence in these areas and focusing on the human aspect of our business, we work seamlessly together with our talent and clients to match the right solutions to the right opportunities. Learn more about us at inspyrsolutions.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 $3.1 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 $4.4 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.a-mcapital.com.

Contact

Milgrim Bello
Sr. Director of Strategic Marketing, INSPYR Solutions
mbello@tekpartners.com
954.607.1238

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

A&M CAPITAL PARTNERS | 04.21.23

A&M Capital Europe Announces Majority Investment in World of Sweets and Bobby’s (“IBG”)

A&M Capital Europe (“AMCE”), a London-based middle-market private equity investment firm with €650 million of assets under management, announces the acquisition of a majority stake in World of Sweets and Bobby’s (together “IBG” or the “Group”), a leading brand owner and tech-enabled distributor of confectionery, baked goods and savoury snacks into the convenience retail, specialty, wholesale and grocery channels, from Sculptor Capital Management, Inc. (NYSE: SCU) (“Sculptor”).

Headquartered in Loughborough, United Kingdom, we believe IBG has a strong position in the large and resilient UK snacking market, combining a multichannel and tech-enabled go-to-market distribution capability alongside differentiated brand management and innovation expertise. The Group serves a diverse base of 60,000+ customers and owns brands that include Bobby’s, Bonds of London, Kingsway, Crazy Candy Factory and Candy Realms whilst partnering with major international brands, including Pez, Nerds and Tootsie.

The partnership with AMCE is expected to enable IBG to strengthen its existing position, underpinned by the continued growth of its owned and partner brands and new exclusive partnerships.

Additionally, the Group plans to drive further growth across its digitally enabled routes to market. With AMCE’s support, IBG also intends to actively pursue bolt-on acquisitions, focusing primarily on branded targets in existing and new categories where the Group can leverage its unique distribution footprint.

IBG will continue under the leadership of its existing management team, led by CEO Wayne Beedle, with Wayne and his team investing alongside AMCE.

AMCE was advised by Weil, Gotshal & Manges and DWF as legal advisers, Houlihan Lokey as financial adviser, MDW Capital Partners as debt adviser, EY Parthenon as commercial adviser, Palladium as digital and IT adviser, Alvarez & Marsal as accounting adviser and EY as tax adviser.

About A&M Capital Europe

AMCE is a pan-European, London-headquartered, middle-market private equity investment firm specialising in providing financial, strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and IBG represents AMCE’s fifteenth transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm with €4.2 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 | 04.13.23

Carton Pack acquires Smilesys

Carton Pack, a portfolio company of A&M Capital Europe (“AMCE”), a London-based middle-market private equity investment firm with €650 million of assets under management, has completed the acquisition of Smilesys (the “Company”), an Italian producer of resealable and sustainable packaging products from its founders.

Founded in 2013, Smilesys primarily serves the fruit & vegetable end-market and the snacks and bakery segments. The Company is headquartered in Veneto (Northern Italy). Smilesys focuses on resealable solutions that enhance shelf-life, reduce food waste and can be applied to compostable materials, with ~95% of final products sold outside of Italy. The Company will continue to be led by its management team, including CEO Ernesto Zanarella.

The acquisition further enhances Carton Pack’s footprint in sustainable products while expanding into innovative technologies. In addition, it 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 second add-on acquisition since AMCE acquired a majority stake in Carton Pack in April 2022.

AMCE and Carton Pack were advised by Chiomenti, as legal counsel for M&A and corporate matters, and Gattai, as legal counsel for financing matters, KPMG as accounting and tax advisers and Ramboll as environmental, health & safety adviser.

About Carton Pack

Headquartered in Puglia, Italy, Carton Pack provides specialist multi-material packaging solutions for Europe’s fruit & vegetable and ready-to-eat markets. Carton Pack employs ~500 people and operates from 4 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 investment firm specialising in providing financial, strategic and operational support to growing European businesses. AMCE Fund I currently has €650 million of assets under management, and Smilesys represents AMCE’s fourteenth transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm with €4.5 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 | 03.28.23

Sixth Texas-Based Practice Joins the United Musculoskeletal Partners Platform

Strategic Partnership with Orthopedic Associates Increases UMP-Texas Footprint to Six Practices and 29 Locations

Atlanta, GA – United Musculoskeletal Partners (UMP), a national leader in musculoskeletal care delivery, announced today a strategic partnership with Dallas-Fort Worth-based Orthopedic Associates. With almost 50 years serving patients in the metroplex, Orthopedic Associates has two clinic locations – Orthopedics Associates Flower Mound and Orthopedics Associates Northlake and a surgical facility in Flower Mound. The practice, which was founded in 1976, has 11 physicians.

Orthopedic Associates is the third Texas-based practice to join the UMP platform in 2023 and the sixth Texas-based practice overall. UMP recently announced partnerships with All-Star Orthopaedics and OrthoTexas. Other Texas-based practices on the UMP platform include Abilene Sports Medicine and Orthopedics, Arlington Orthopedic Associates and North Texas Orthopedics & Spine Center. With the addition of this sixth practice, UMP grows to 29 locations, 80 physicians and 126 providers in Texas, offering world-class orthopedic care in the Dallas-Fort Worth area.

“We are excited to welcome Orthopedic Associates to the UMP platform” said Alex Bateman, UMP CEO. “Our mission is to build the best orthopedic platform in the country that delivers outstanding patient care and is driven by innovation. Orthopedic Associates has an outstanding track record as a physician-owned practice offering comprehensive, best-in-class orthopedic care, and we look forward to working with their talented team.”

“Patients in Texas have trusted Orthopedic Associates with their orthopedic care for almost 50 years and their doctors and staff have become part of the fabric of the communities they serve,” said Brian Cormican, CEO of the Texas market for UMP. “They are exactly the type of patient-focused practice we look for to join our platform and I look forward to working with their outstanding leadership and the entire team.”

“The UMP platform has a proven record of successful medical partnerships and offers our practice the opportunity to be laser-focused on patient care while the UMP experts handle operational functions and planning” said Dr. Manuj Singhal, M.D. of Orthopedic Associates. “We are thrilled to connect with fellow physician-led orthopedic practices on the platform and to work with the UMP leadership team to advance the future of orthopedic care for our patients and our practice.”

“Joining the UMP platform is the next step in our evolution as a practice,” said Dr. Ian Wilkofsky, M.D. of Orthopedic Associates. “Our physicians and staff are active members of our communities, and are dedicated to providing the very best orthopedic care in the region. UMP offers unique resources that will enhance the patient experience even further and help us continue to grow. We look forward to working with the UMP team.”

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 partners 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 Orthopedic Associates

Orthopedic Associates (OA) was founded in 1976. With locations in Flower Mound and Northlake, OA provides comprehensive musculoskeletal care, including surgical and non-surgical treatment, imaging, physical therapy, bracing, biologics and outpatient procedures. All 11 OA surgeons are fellowship-trained in at least one orthopedic sub-specialty including adult reconstruction, elbow and shoulder surgery, foot and ankle, hand surgery, orthopedic trauma, spine surgery and sports medicine. OA physicians are partners in Texas Health Orthopedic Surgery Center, which was ranked as a top orthopedic surgery center in the country by Newsweek in 2022. OA is a trusted member of the communities it serves and provides sports coverage to local high schools and the University of North Texas. www.orthopedicassociates.org

A&M CAPITAL PARTNERS | 03.07.23

Brian Cormican Joins United Musculoskeletal Partners as CEO of the Texas Market

Atlanta, GA – Brian Cormican has joined United Musculoskeletal Partners (UMP), a national leader in musculoskeletal care delivery, as CEO of the Texas market. Cormican comes to UMP with an extensive background in executive healthcare in the Texas metroplex, including roles at Paragon Healthcare, Inc. and Davita Healthcare Partners. In his new role, Cormican is responsible for leading UMP’s vibrant and growing Texas orthopedic network, and bringing the UMP promise to life by creating partnerships and programs that promote exceptional patient care. UMP’s Texas region currently includes five practices, 27 locations, 69 physicians and 110 providers.

“We are excited that Brian has joined the UMP team to lead our growing presence in the Texas market” said Alex Bateman, CEO of UMP. “He has vast knowledge and experience in the Dallas Fort-Worth area as well as the broader Texas market and a track record of partnering with doctors to create exceptional patient experiences and help them grow their businesses. We look forward to tapping into his expertise and welcome him to the team.”

“UMP already has a stellar line-up of orthopedic practices in the Metroplex with talented physicians, surgeons and staff who are helping patients get back on their feet every day” said Cormican. “I am honored and excited to join UMP at this early stage to support our physicians and patients and help ensure that Texans in all corners of the state have access to the very best orthopedic care.”

Cormican joins UMP from Paragon Healthcare, Inc., where he was COO and responsible for all business operations across 60+ locations and 1,100 team members. Before that, he headed up U.S. operations as President of Hygieacare, a startup healthcare service provider. He spent six years at Davita Healthcare Partners in operations and development roles. Before moving into healthcare, Cormican worked in sales and marketing at Banyan Ventures and Chapman Innovations. He has a Master’s of Business Innovation from the Dartmouth Tuck School of Business and a Bachelor of Science in Business Management from Brigham Young University.

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 partners 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

Contact:
Jennifer Greene
Illuminate-Communications
Jennifer.greene205@gmail.com
770-361-2014

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.