CLEVELAND, April 15, 2020 /PRNewswire/
-- Brown Gibbons Lang &
Company (BGL) is pleased to announce a new
partnership between St. Louis Cardiovascular Institute (SLCI),
St. Louis Specialty Surgical Center (SLSSC), and Surgical Care
Affiliates, LLC (SCA) that will deliver high-quality outpatient
cardiovascular, interventional, and peripheral vascular surgical
options in the St. Louis, Missouri
area. BGL's Healthcare & Life Sciences team initiated the
transaction and served as the exclusive
financial advisor to both SLCI and SLSSC; SCA is a
portfolio company of Optum. The specific
terms of the transaction were not disclosed.
SLCI is an office-based laboratory performing intervention and
peripheral vascular procedures. SLSSC is an ambulatory surgery
center specializing in defibrillator, event recorder, pacemaker,
catheterization, ERCP (endoscopic retrograde
cholangiopancreatography), colonoscopy, and EGD
(esophagogastroduodenoscopy) procedures. The two facilities are
located under a shared roof in Kirkwood,
Missouri, a Western suburb of St.
Louis.
Legal counsel for the transaction included Polsinelli PC as
representation for both SLCI and SLSSC, and McGuire Woods representing SCA.
SCA is a leader in the outpatient surgery industry,
partnering with health plans, medical groups, and health systems
across the country to develop and optimize surgical facilities. SCA
operates more than 200 surgical facilities, including ambulatory
surgery centers and surgical hospitals, in partnership with
approximately 3,000 physicians. Optum, part of UnitedHealth Group
(NYSE:UNH), is a leading information and technology-enabled health
services business with more than 100,000 people worldwide.
About Brown Gibbons Lang & Company
Brown Gibbons
Lang & Company is a leading independent investment bank and
financial advisory firm focused on the global middle market. The
firm advises private and public corporations and private equity
groups on mergers and acquisitions, divestitures, capital
markets, financial restructurings, valuations and
opinions, and other strategic matters. BGL has investment
banking offices in Chicago,
Cleveland, and Philadelphia, and real estate offices in
Chicago, Cleveland, Denver, and San
Antonio. The firm is also a founding member of Global
M&A Partners, enabling BGL to service clients in more than 30
countries around the world. Securities transactions are conducted
through Brown, Gibbons, Lang & Company Securities, Inc., an
affiliate of Brown Gibbons Lang & Company LLC and a registered
broker-dealer and member of FINRA and SIPC. For more information,
please visit www.bglco.com.
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