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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedKentuckiana Foot & Ankle Sports Medicine-
Add-onCompletedSan Antonio Podiatry Associates, P.A.-
Add-onCompletedTipton & Unroe Foot and Ankle Centers-
GrowthCompletedPodiatry Growth Partners-

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