GI Alliance and Waud Capital Partners Partner with Arizona Digestive Health

Apollo Invests in GI Alliance in Physician-led Buyout as Waud Capital Exits

September 15, 2022

Healthcare Services

GI Alliance completed a physician-led buyout and recapitalization in which funds managed by Apollo committed a $785 million non-control investment, enabling physician owners led by James Weber, M.D. to hold a controlling equity stake. The transaction — which valued GI Alliance at $2.2 billion — marks Waud Capital Partners' exit and provides new capital and a strategic partnership to support continued national growth of the gastroenterology practice management platform.

GI Alliance Partners with Austin Gastroenterology

March 4, 2021

Healthcare Services

GI Alliance has partnered with Austin Gastroenterology to expand its operations in Central Texas. Waud Capital Partners provided equity capital for the transaction alongside GI Alliance's existing physician partners to support the partnership and regional growth.

GI Alliance Adds Digestive Health Associates of Texas

January 6, 2021

Healthcare Services

GI Alliance announced a partnership with Digestive Health Associates of Texas (DHAT), expanding GI Alliance’s footprint in the Dallas–Fort Worth metroplex and throughout Texas. DHAT, a large multi-location gastroenterology practice founded in 1996, will join GI Alliance to collaborate on operational support, clinical quality, and patient-centered GI care.

H.I.G. Growth Partners Recapitalizes Pinnacle GI Partners (The Center for Digestive Health)

December 1, 2020

Healthcare Services

H.I.G. Growth Partners (via an affiliate) completed a strategic growth investment and recapitalization in Pinnacle GI Partners, the management services organization affiliated with The Center for Digestive Health (CDH). The investment is intended to support expansion of gastrointestinal services across Michigan, preserve independent physician practices, and leverage CDH's existing infrastructure and ancillary services.

US Digestive Health (Amulet-backed) Partners with West Chester GI Associates

November 17, 2020

Healthcare Services

Amulet Capital Partners-backed US Digestive Health has partnered with West Chester GI Associates, adding the West Chester, PA gastroenterology practice to USDH's growing network. The deal expands US Digestive Health's regional footprint in Pennsylvania and provides WCGI access to USDH's administrative, operational and technology infrastructure.

GI Alliance / Waud Capital Partners Partner with Illinois Gastroenterology Group

July 26, 2019

Healthcare Services

GI Alliance, backed by Waud Capital Partners, announced a partnership with Illinois Gastroenterology Group (IGG), bringing IGG into the GI Alliance platform. Waud provided equity capital and GSO (Blackstone credit) provided financing; GI Alliance said it will support IGG's growth in the Midwest while preserving the practice's autonomy and investing in affiliated ambulatory surgery centers.