Podiatry Growth Partners
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Podiatry Growth Partners - overview
Established
2006
Location
St. Louis, MO, US
Primary Industry
Healthcare
About
Podiatry Growth Partners specializes in enhancing podiatric care through strategic partnerships with established practices, focusing on operational support and financial management to improve healthcare delivery for patients with foot and ankle conditions. Podiatry Growth Partners is a practice management group established in 2006 in St. Louis, US, dedicated to partnering with podiatry practices across the United States. The company has executed a total of 1 deal, with its most recent deal occurring on October 5, 2020.
The leadership includes CEOs Clete Madden and David Weiss. Podiatry Growth Partners operates as a practice management group specializing in lower extremity healthcare. Its core offerings focus on partnering with established podiatry practices nationwide, providing comprehensive support in administrative functions, financial management, and operational efficiencies. This allows partner physicians to concentrate on delivering quality care to patients with various foot and ankle conditions.
The company serves a client base of reputable physician groups located in states including Kentucky, Indiana, Ohio, Texas, and Colorado. Podiatry Growth Partners generates revenue through partnerships with podiatric practices, allowing these practices to manage and scale their operations effectively. The company's business model involves collaborative arrangements that offer centralized administrative support and investments in technologies and equipment, enhancing service offerings. Partnerships are structured to include various revenue-sharing models, enabling practices to retain a significant portion of their earnings while benefiting from Podiatry Growth Partners' expertise and resources.
Following the investment from Veronis Suhler Stevenson, Compass Group Equity Partners, Siguler Guff, and SunGate Capital in October 2020, Podiatry Growth Partners plans to expand its product offerings across the United States. The company aims to target specific markets for geographic expansion, although exact locations and timelines have not been disclosed. The investment will be instrumental in supporting these initiatives as the company seeks to enhance its service delivery and operational capabilities.
Current Investors
Siguler Guff, VSS Capital Partners, Compass Group Equity Partners
Primary Industry
Healthcare
Sub Industries
Clinics/Outpatient Services, Chiropractic, Orthopedic & Physical Therapy
Website
www.podiatry-partners.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Podiatry Growth Partners - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Kentuckiana Foot & Ankle Sports Medicine | - | ||||||||
| Add-on | Completed | San Antonio Podiatry Associates, P.A. | - | ||||||||
| Add-on | Completed | Tipton & Unroe Foot and Ankle Centers | - | ||||||||
| Growth | Completed | Podiatry Growth Partners | - |
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