Quilvest completed the acquisition of a majority stake in UrgentMED.

Quilvest, a global private investment firm, completed the acquisition of a majority stake in UrgentMED, an independent network of urgent care clinics. Financial terms were to disclosed. "We are thrilled to partner with Drs. Rastegar, Kokhab and Bolourian. UrgentMED has established itself as the leading independent urgent care network in Southern California and is ideally positioned to meet consumers' and payors' demands for convenient, affordable and high-quality care by deploying its broad healthcare offering across its clinic footprint. We look forward to joining UrgentMED on the next phase of its journey as the company continues its growth strategy," Jay Takefman, Quilvest Partner and Co-Head of Direct Private Equity.