Partners Surgical Corporation
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Partners Surgical Corporation - overview
Established
2016
Location
Houston, TX, US
Primary Industry
Healthcare
About
Partners Surgical Corporation specializes in managing multi-specialty ambulatory surgery centers, focusing on high-acuity surgical procedures to meet the rising demand for outpatient surgeries in the healthcare sector. Partners Surgical Corporation was founded in 2016 and is headquartered in Houston, US. The company operates in the outpatient surgical services industry and has undertaken one significant deal since its inception. Marcus Wilson serves as the CEO, while Georgina Wilson and Ned Schwing are noted as founders.
In January 2017, Partners Surgical Corporation was acquired by Silversmith Capital Partners and individual investors, with financial terms undisclosed, though the investor group committed up to USD 100 mn to support the transaction. Partners Surgical Corporation (PSC) specializes in managing multi-specialty ambulatory surgery centers (ASCs), focusing on high-acuity surgical procedures. Their services include developing, acquiring, and managing ASCs that cater to various medical specialties such as neurosurgery, orthopedic surgery, pain management, and anesthesiology. PSC addresses the increasing demand for outpatient surgical procedures, currently representing approximately 60% of total surgeries in the U.
S. market, and operates over 170 new ASCs annually. Partners Surgical Corporation's revenue model is based on partnerships with physicians and healthcare providers involved in outpatient surgical services. The company typically enters joint venture agreements to collaborate with entrepreneurial physicians in establishing and managing ASCs.
Revenue is driven by patient volume and the variety of surgical procedures performed, with a particular emphasis on high-acuity surgeries, contributing to potentially higher per-procedure revenues within the partnership structure. Partners Surgical Corporation aims to utilize funding from the January 2017 investment to support its expansion strategies. The company plans to explore new markets that mirror healthcare trends seen in the U. S.
, focusing on the establishment of additional ASCs. Specific upcoming products or initiatives have not been disclosed, but the emphasis will likely be on enhancing operational capabilities and scaling their existing model.
Current Investors
Silversmith Capital Partners
Primary Industry
Healthcare
Sub Industries
Healthcare
Website
www.partnerssurgical.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Partners Surgical Corporation - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Partners Surgical Corporation | - |
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