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New Deal


Announced

Warburg Pincus-backed CityMD to merge with Summit Medical Group.

Financials

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Capital Bid For100%
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Private Equity

Private

Acquisition

Friendly

United States

Merger

Health Care Services

medical practices

Pending

Single Bidder

Synopsis

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CityMD, the leading urgent care provider in the New York metro area, and Summit Medical Group, one of the nation’s premier independent multispecialty medical practices, agreed to merge, pending regulatory approvals. The combined organization will offer patients a seamless experience across a full spectrum of high-quality primary, specialty, and urgent care. “This exciting merger will integrate our urgent care centers with an exemplary multispecialty medical organization and expand patient access to some of the best medical care in the tri-state area,” said Richard Park, MD, Chief Executive Officer and co-founder of CityMD.

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