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Announced

Completed

Revelstoke Capital-backed ClareMedica Health Partners completed the acquisition of Plaza Medical Centers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

physician-led clinics

Health Care Services

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Private Equity

Synopsis

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Revelstoke Capital-backed ClareMedica Health Partners, a provider of diabetes care, cancer screening, blood pressure management and mental health services for senior citizens, completed the acquisition of Plaza Medical Centers, a physician-led and managed organization that focuses on providing preventative and comprehensive care to patients. Financial terms were not disclosed. "ClareMedica is excited to partner with the team at Plaza. We're on a mission to help seniors live healthier, happier, and fuller lives by delivering excellence in primary care outcomes and service. By combining the strengths and resources of our two organizations, we further our mission and offer the communities we serve greater access to our low-cost, high-satisfaction, patient-centered care model," Ren Mullinix, ClareMedica CEO.

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