Announced

Completed

ZT Corporate completed the acquisition of STAT Specialty Hospital.

Synopsis

ZT Corporate, a Houston-based private equity firm, completed the acquisition of STAT Specialty Hospital, a network of licensed, free-standing emergency rooms that offer 24/7 emergency care, short hospital stays, and outpatient services in Texas. Finacial terms were not disclosed. “We are thrilled to welcome STAT Specialty Hospital and Emergency Center into our portfolio and expand our reach into south Texas. This acquisition diversifies our healthcare offerings with a network of specialty hospitals known for exceptional patient care and medical practices. We recognize the demand for these types of micro hospitals, designed to uniquely respond to the rise in consumer demand for convenience, reduced cost and improved access to care,” Taseer Badar, ZT Corporate Chairman and CEO.

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