Provident Healthcare Partners (“Provident”), a leading healthcare investment banking firm, announced it has advised Palmetto Primary Care Physicians (“Palmetto”) in its partnership with a strategic acquirer. Palmetto is one of the largest independent primary care groups in the Southeast, delivering comprehensive primary and specialty care services across its 35 clinics throughout the state of South Carolina.
Provident’s deal team was led by Managing Director, Craig Sager and Director, Dustin Thompson. McGuireWoods served as legal counsel to Palmetto.
“Provident was an exceptional partner throughout this process,” said Dr. John Redwine, President of Palmetto Primary Care Physicians. “Craig, Dustin, and the Provident team brought deep expertise advising primary care and value-based care–focused organizations, and guided us through a thoughtful and disciplined process. Their strategic perspective and commitment to understanding our long-term vision helped us identify the right partner to support our provider base, staff, and patients as we continue expanding access to high-quality primary care across South Carolina.”
“Palmetto has built one of the most respected physician-led primary care organizations in the region,” said Sager. “This partnership marks an important milestone for Palmetto and positions the organization for continued growth while maintaining its commitment to high-quality, community-based care.”
“Palmetto’s scale, strong clinical reputation, and patient-centered model have made it a leader in primary care across the state,” added Thompson. “We are proud to have supported the Palmetto team in identifying a strategic partner that will help accelerate their growth and long-term mission.”
About Palmetto Primary Care Physicians
Palmetto Primary Care Physicians is the largest independent, multi-specialty healthcare organization in South Carolina. Founded in 1996, the organization delivers comprehensive primary and specialty care services through a network of clinics across the state and a broad provider base dedicated to delivering high-quality, personalized care. Palmetto is committed to improving patient outcomes and expanding access to coordinated, patient-centered healthcare for the communities it serves. For additional information, visit palmettoprimarycare.com.
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 post-acute 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 providenthp.com or follow Provident on LinkedIn.
Contact: Provident Healthcare Partners
Craig Sager
Managing Director
617-226-4218
csager@providenthp.com
Dustin Thompson
Director
617-226-4267
dthompson@providenthp.com
