Tracked deals
4
4 tracked deals across 2019-2025.
Operating Company
Healthcare
GI Alliance
Southlake, Texas, United States
GI Alliance is a provider-led gastroenterology practice management organization supporting independent GI practices across multiple U.S. states, operating on a Patient First, Quality Centric, Provider-Led philosophy and partnering to grow specialty care platforms.
- Focus Areas
- Gastroenterology practice, Practice management organization (MSO)
- Website
- gialliance.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
2 addon · 1 buyout · 1 recapitalization
GI Alliance Acquisition Volume by Year
Last 4 years
Supporting Data
Recent Transactions
-
April 30, 2025
- Buyer
- GI Alliance, Cardinal Health
- Target
- Urology America
- Seller
- Urology America Holdings LLC (a portfolio company of Gauge Capital LLC), Gauge Capital
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Buyout
GI Alliance, a Cardinal Health company, will merge with and acquire Urology America, expanding GI Alliance's specialty-care footprint into urology. Urology America, a Gauge Capital–backed platform with more than 110 providers across ~30 locations in four states, will join GI Alliance to broaden multi-specialty capabilities and patient access.
-
September 15, 2022
- Buyer
- Funds managed by Apollo (Apollo Hybrid Value funds), GI Alliance physician owners (led by James Weber, M.D.)
- Target
- GI Alliance
- Seller
- Waud Capital Partners
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Recapitalization
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.
-
March 4, 2021
- Buyer
- GI Alliance, Waud Capital Partners
- Target
- Austin Gastroenterology
- Industry
- Healthcare Services
- Location
- Texas, United States
- Type
- Addon
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.
-
- Buyer
- GI Alliance, Waud Capital Partners, Existing physician partners of GI Alliance
- Target
- Arizona Digestive Health (ADH)
- Industry
- Healthcare Services
- Location
- Arizona, United States
- Type
- Addon
GI Alliance announced a partnership with Arizona Digestive Health (ADH), bringing ADH into the GI Alliance platform while ADH retains clinical independence. Waud Capital Partners invested equity alongside existing GI Alliance physician partners to support the transaction, and GSO provided financing; Nexus Health Capital acted as ADH's advisor.
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