Provident Healthcare Partners (“Provident”), a leading healthcare investment banking firm, announced it has advised Avecina Medical (“Avecina”), an operator of 18 urgent care centers in Jacksonville and Central Florida, in its acquisition by MD Now Urgent Care, an affiliate of HCA Healthcare (“HCA”). The acquisition expands MD Now’s footprint to over 110 Florida locations.
“It was a pleasure representing the Avecina founders, Drs. Saman Soleymani and Dmitriy Model, on their successful transaction with MD Now Urgent Care. HCA is the perfect fit to continue the company legacy of providing high-quality walk-in care to the North and Central Florida communities,” commented Eric Major, Managing Director at Provident Healthcare Partners.
Provident acted as exclusive financial advisor to Avecina Medical, and Dykema served as legal counsel. Holland & Knight provided legal counsel to HCA. The terms of the transaction were not disclosed.
About Avecina Medical
Founded in 2005, Avecina Medical provides high-quality, highly-accessible urgent care medical services to all patients on a walk-in basis across 18 full-service clinics in Jacksonville and Central Florida.
About MD Now Urgent Care
MD Now provides comprehensive treatment for non-emergency medical needs at over 110 walk-in care clinics throughout the state of Florida. MD Now Urgent Care is part of HCA Florida Healthcare, a network of more than 650 sites of care across the state.
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 urgent care. 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 www.providenthp.com or follow on LinkedIn.
Contact:
Provident Healthcare Partners
Eric Major
617-226-4212
emajor@providenthp.com
