American Physician Partners Completes Acquisition Financing
Brentwood Capital Advisors is pleased to announce that it served as the exclusive financial advisor to American Physician Partners, LLC (“APP” or the “Company”) in its raise of $24 million in acquisition and growth financing from Goldman Sachs Specialty Lending Group.
Headquartered in Brentwood, Tennessee, American Physician Partners is a leading provider of comprehensive management and staffing services for emergency department and hospitalist programs throughout the Southeast. The Company was formed through the acquisitions of two highly successful companies, Align MD and Elite Emergency Services, in conjunction with an executive team that possesses extensive hospital management experience. American Physician Partners currently serves 23 hospitals in six states, providing clinical staffing, administrative services and operational tools as well as ongoing training and leadership development – all designed to transform the patient-care experience and foster a culture of excellence.
“Our commitment to providing high-quality hospitalist and emergency medicine physicians allows American Physician Partners to successfully address the management of this important area for hospitals,” said John Rutledge, CEO and Founder of American Physician Partners. “Brentwood Capital Advisors, our investment banker in this transaction, played a critically important role in the formation of the Company by successfully obtaining acquisition financing along with the growth capital needed to execute our business plan while maximizing our physician partners and management’s ownership.”
“We were pleased to help John and his team at APP close on this transaction with Align and Elite,” stated L.A. Galyon of Brentwood Capital Advisors LLC. “Given the focus on quality service and management’s deep relationships in the hospital industry, APP has an extremely bright future.”
About American Physician Partners, LLC
A leading provider of comprehensive management and staffing services for emergency department and hospitalist programs throughout the southeast. www.americanphysician.partners.
About Brentwood Capital Advisors
Based in Franklin, Tennessee, Brentwood Capital Advisors (“BCA”) is one of the South’s leading boutique investment banks that provides mergers and acquisitions and capital raising advice to privately-held, middle market healthcare, technology and tech-enabled and outsourced services companies. BCA has served as exclusive financial advisor in over 68 successfully closed transactions totaling approximately $4.3 billion in value in these sectors. Founded in 1999, the firm is partner-owned and has fifteen investment banking professionals. For more information, please go to www.brentwoodcapital.com.
About Goldman Sachs Specialty Lending Group
Goldman Sachs Specialty Lending Group (“GSSLG”), founded in 2004, operates as the middle market financing and investing platform within The Goldman Sachs Group, Inc. GSSLG focuses on delivering flexible, reliable capital to the middle-market while leveraging the firm-wide resources of Goldman Sachs. GSSLG lends and invests Goldman Sachs’ capital through stand-alone first-lien, second-lien, uni-tranche and junior capital investments directly to mid-sized companies across the United States and Canada. http://www.goldmansachs.com/what-we-do/investing-and-lending/specialty-lending/