Fulcrum, Leavitt and Harpeth Invest in SurgNet Health Partners; SurgNet Acquires Two ASCs

SurgNet Health Partners Acquires Tuscaloosa Endoscopy Center

July 3, 2024

Healthcare Services

SurgNet Health Partners, a Nashville-based ambulatory surgery center (ASC) development and management company backed by private equity, has acquired Tuscaloosa Endoscopy Center. The deal closed July 3, 2024; Dr. A.B. Reddy will remain actively involved as SurgNet expands its ASC portfolio into Alabama and the Southeast.

Fulcrum Equity Partners Invests $11M in HomeFirst Home Healthcare

January 13, 2022

Healthcare Services

Atlanta-based growth equity firm Fulcrum Equity Partners invested $11 million in Nashville-based HomeFirst Home Healthcare to provide growth capital supporting HomeFirst's acquisitions of Mountain Home Health (North Carolina/Georgia) and BridgeWay Home Health (Atlanta area). The funding, supported by existing investors including Harpeth Ventures, will be used to expand HomeFirst's footprint across the Southeast and explore adjacent services such as hospice.

Fulcrum Equity Partners Acquires Texas Endovascular Associates

January 24, 2022

Healthcare Services

Fulcrum Equity Partners has acquired Texas Endovascular Associates, a Houston-area interventional radiology practice focused on women's health and outpatient vascular treatments. The investment will provide capital to support the practice's growth, build on its presence in Texas, and pursue strategic acquisitions to expand its geographic footprint.

MSouth Equity Partners Acquires Summit Spine & Joint Centers

June 2, 2021

Healthcare Services

Atlanta-based private equity firm MSouth Equity Partners completed the acquisition of Summit Spine & Joint Centers, a Lawrenceville, Georgia operator of ambulatory surgery centers and pain management clinics. The transaction was executed in partnership with Summit's management team and existing sponsor Fulcrum Equity Partners, with financing provided by Audax Private Debt to support MSouth's investment and growth plans across the Southeast.

Fulcrum Equity Partners Invests in Physician Services Group

September 2, 2024

Healthcare Services

Fulcrum Equity Partners completed a growth equity investment from its Fund V in Physician Services Group (PSG), a Greenville, South Carolina-based provider of transitional and geriatric care for residents of skilled nursing and assisted living facilities. The capital will be used to strengthen PSG's management team, expand service offerings, and support new market expansion while leveraging PSG's high-touch model that has reduced 30-day rehospitalizations.

Health Velocity Capital Makes Minority Investment in Compass Surgical Partners

March 21, 2022

Healthcare Services

Health Velocity Capital has made a minority growth investment in Compass Surgical Partners, a U.S.-based developer and manager of ambulatory surgery centers (ASCs). The financing will support Compass’s expansion into new markets and investments in data & analytics, physician practice support services, value-based care initiatives and other capabilities to scale outpatient orthopaedic and spine services.