Covenant Surgical Partners, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Covenant Surgical Partners, Inc. - overview
Established
2008
Location
Nashville, TN, US
Primary Industry
Healthcare
About
Covenant Surgical Partners, Inc. , based in the US, specializes in the provision of high-quality surgical services and perioperative care, primarily focusing on outpatient surgical procedures to enhance patient outcomes. Covenant Surgical Partners, Inc. was founded in 2008 and is headquartered in Nashville, US.
The company focuses on delivering surgical services and has executed a total of 14 deals, with the most recent deal occurring on August 8, 2017. In October 2017, KKR acquired Covenant Surgical Partners, with financial terms undisclosed. The firm's total amount raised stands at USD 18. 41 mn, all from an unspecified funding round.
Covenant Surgical Partners specializes in delivering high-quality surgical services and perioperative care, concentrating on outpatient surgical procedures. They provide a range of surgical solutions to enhance patient outcomes and minimize recovery times. The company primarily serves surgical facilities and healthcare providers, with comprehensive support in orthopedic, ophthalmology, and general surgeries. They cater to hospitals and surgical centers across various regions, particularly in the Southeastern and Midwestern United States, addressing the demand for efficient surgical care.
Their clients include patients seeking minimally invasive surgeries and healthcare providers looking for dependable surgical partnerships. Covenant Surgical Partners generates revenue through direct service agreements with healthcare facilities, focusing on B2B partnerships that facilitate surgical services and support. Their revenue structure is transactional, based on a fee-for-service model where healthcare providers are billed for specific procedures performed. Pricing plans are customized according to the type and complexity of surgical services, with premium offerings emphasizing quality and efficiency.
Revenue is further bolstered through strategic collaborations with hospitals, creating a sustainable revenue stream that aligns the interests of Covenant Surgical Partners with its clients. Covenant Surgical Partners plans to leverage its recent funding received in August 2017 to enhance its surgical service offerings and expand into new markets. The company is strategizing the development and launch of new surgical products aimed at improving patient care by the end of 2023. Additionally, they are focusing on geographic expansion into targeted markets within the Southeastern and Midwestern United States to meet growing healthcare demands.
Current Investors
Primary Industry
Healthcare
Sub Industries
Hospitals, Emergency Services
Website
www.covenantsurgicalpartners.com
Verticals
HealthTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Covenant Surgical Partners, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Covenant Surgical Partners, Inc. | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.