Thursday, April 11, 2019
Southeast Gastro, a Birmingham Alabama-based gastroenterology practice with 20 board-certified gastroenterologists, 17 advanced practitioners, 8 locations, and three surgery centers, has partnered with Gastro Health, a leading medical group specializing in digestive health. Provident Healthcare Partners ("Provident") served as exclusive financial advisor to Southeast Gastro. The terms of the transaction were not disclosed.
"Provident has an excellent team of advisors and is very methodical in finding the right partner for its clients. Each gastroenterology practice is different, as is each private equity group; Provident took the time to fully understand what makes our practice unique and then paired us with a like-minded partner while always keeping our best interests in mind," stated Dr. Miles Gresham, President of Southeast Gastro.
"Southeast Gastro's partnership with Gastro Health will facilitate the future growth objectives of the organization allowing Southeast Gastro to continue its expansion across the state of Alabama and Southeastern United States," commented Abe M'Bodj, Senior Analyst for Provident Healthcare Partners.