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

Ascension Completes Acquisition of AMSURG

June 4, 2026

Healthcare Services

Ascension has officially completed its acquisition of AMSURG, expanding its nationwide footprint of ambulatory surgery centers (ASCs). The combined network grows to 300 ASCs, supporting Ascension’s strategy to expand access to outpatient, community-based surgical care.

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.

Sheridan Capital Partners Forms Ascend Plastic Surgery Partners

October 27, 2023

Healthcare Services

Sheridan Capital Partners has formed Ascend Plastic Surgery Partners, a physician practice management MSO focused on plastic surgery and aesthetics, by investing alongside surgeons and management. Ascend, headquartered in Atlanta, Georgia, combines five plastic surgery practices and two standalone MedSpas and will provide services across Alabama, New Mexico, South Carolina, and Utah; 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.

Ascend Capital Partners and CareAbout Invest in Medical Specialists of the Palm Beaches

December 5, 2022

Healthcare Services

Medical Specialists of the Palm Beaches (MSPB), a South Florida primary-care and multi-specialty physician group, received an equity investment from healthcare-focused private equity firm Ascend Capital Partners and management partners at CareAbout. The funding will be used to expand MSPB's footprint, enhance value-based care services, and invest in additional clinical specialties across Palm Beach and Broward counties.

Signet Healthcare Partners Provides Growth Equity to Ascendia Pharmaceuticals

April 8, 2021

Pharmaceuticals

Signet Healthcare Partners, a New York-based growth equity firm, has made a growth equity investment in Ascendia Pharmaceuticals, a North Brunswick, New Jersey-based specialty CDMO. The proceeds will fund Ascendia's facility expansion and increased manufacturing capacity; Signet principals James Gale and Dr. Theron Odlaug will join Ascendia's board.