Provident Healthcare Partners (“Provident”), a leading healthcare investment banking firm, announced it has advised Garden State Urology (“GSU”) in joining Astera Urology, a division of Astera Healthcare, and partner practice of OneOncology. GSU is a leading New Jersey-based urology group with nearly two decades of experience providing care to adult and pediatric patients.
Provident’s deal team was led by Managing Directors Kevin Palamara and Dustin Thompson. BakerHostetler served as legal counsel to GSU.
“We are excited to be joining a high-quality practice committed to clinical excellence like Astera Healthcare,” said David Taylor, MD, FACS, President of Garden State Urology. “I would also like to extend my sincere thanks to the Provident team for their hard work, dedication, and thoughtful guidance throughout this process. Their support was instrumental in helping us navigate this important milestone.” David Chaikin, MD, Vice-President of Garden State Urology, added “I see tremendous opportunity for providing enhanced and expanded patient services with this strategic alliance.”
“Congratulations to the physicians and entire team at Garden State Urology on this exciting next chapter. Drs. Taylor and Chaikin provided outstanding leadership throughout the process, positioning the practice for continued growth while remaining focused on delivering exceptional patient care. Astera was the ideal partner for GSU given its shared commitment to clinical excellence, physician-led care, and the opportunity to expand services and strengthen coordination across urology and oncology. We are proud to have advised Garden State Urology on this important milestone and look forward to seeing the practice continue to thrive,” commented Palamara.
About Garden State Urology
Garden State Urology is a leading provider of urologic care in New Jersey. Founded in 2008, GSU has grown into an integrated practice with a team of board-certified urologists, radiation oncologists, pathologists, and advanced practice providers serving patients throughout Morris, Union, and Passaic Counties. Visit gsunj.com to learn more.
About Astera Urology
Astera Urology is a division of Astera Healthcare, a physician-owned multi-specialty community oncology and urology practice delivering high-quality, coordinated, patient-centered urologic and cancer care throughout New Jersey. Visit asteraurology.org and asteracancercare.org to learn more.
About OneOncology
OneOncology was founded by community physicians, for community physicians, with the mission of improving the lives of everyone living with cancer and other diseases. OneOncology’s goal is to enable community medical practices to remain independent and to improve patient access to care in their communities, all at a lower cost than in the hospital setting. OneOncology supports a platform of community medical practices through group purchasing, operational optimization, practice growth, and clinical innovation. Visit oneoncology.com to learn more.
About Provident Healthcare Partners
Provident is a leading healthcare investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation services for healthcare companies. The firm has a comprehensive knowledge of market sectors and specialties, including clinical research. Provident also has unsurpassed experience and insight into the M&A process, which includes working with a multitude of investors such as private equity firms and strategic consolidators. For additional information, visit providenthp.com or follow Provident on LinkedIn.
Contact:
Provident Healthcare Partners
Kevin Palamara
617-226-4221
kpalamara@providenthp.com
Dustin Thompson
617-226-4216
dthompson@providenthp.com