Ascend Capital Partners and Kain Capital Back Rendr–Excelsior Combination to Form Integrated Medical Group

Kain Capital Invests in Excelsior Integrated Medical

August 24, 2020

Healthcare Services

Kain Capital LLC has made a growth investment in Excelsior Integrated Medical, a New York City–based primary care physician group serving over 60,000 patients across 37 locations with roughly 75 providers. The capital will support Excelsior's continued shift to a value‑based, global capitation model and expansion of its provider base, with the goal of replicating the model beyond the local community.

Ascend Capital Partners Acquires Majority Stake in Seoul Medical Group (SMG)

October 25, 2023

Healthcare Services

Ascend Capital Partners, a healthcare-focused private equity partnership, has acquired a majority stake in Seoul Medical Group (SMG), a physician-run Independent Physician Association and owner of the MSO Advanced Medical Management. Ascend will provide capital and operational support to expand AMM's technology, data analytics and capabilities to improve care coordination and expand access for SMG's predominantly Korean-American patient network across multiple U.S. states.

Ascend-Sponsored Merger: Seoul Medical Group (SMG) and Korean American Medical Group (KAMG)

March 26, 2025

Healthcare Services

Seoul Medical Group (SMG) and Korean American Medical Group (KAMG) have merged to form a leading national independent physician association sponsored by healthcare-focused private equity firm Ascend Capital Partners. The combined network serves nearly 100,000 patients and more than 5,000 physicians across multiple U.S. states; Ascend will provide capital to invest in infrastructure, technology and operations. Financial terms were not disclosed.

Ascend Capital Partners Makes Equity Investment in Allied Physicians Group and Adjuvant.Health

January 31, 2023

Healthcare Services

Ascend Capital Partners has announced an equity investment in Allied Physicians Group, New York's largest independent pediatric provider, and Adjuvant.Health, a physician-led medical practice administration innovator. CareAbout, an MSO affiliated with Ascend, will partner with Adjuvant.Health to support practice administration and technology initiatives to expand care delivery and improve clinical quality across the New York market.

Kain Capital Invests in Essen Health Care

April 30, 2024

Healthcare Services

Kain Capital LLC has made a growth investment in Essen Health Care, the largest independent healthcare provider in the Bronx, to fund new clinics and expand access to care. Kain will deploy its Kain Analytics team to support Essen's transition to value-based care and to scale services such as House Calls for underserved Bronx residents.

Renovus Capital Partners Recapitalizes ClinicalMind, LLC

November 25, 2019

Healthcare Services

Renovus Capital Partners has recapitalized ClinicalMind, LLC to support expansion of the medical communications agency and growth of its enGauge SaaS technology. The equity financing will fund expansion of ClinicalMind’s strategic and tactical agency services and its physician-engagement and medical affairs SaaS platform; Excel Partners advised the sell-side while DLA Piper and BrownRudnick served as legal counsel.