Seven Hills Women’s Health Centers (SHWHC), a highly regarded OBGYN & breast surgery practice in the greater Cincinnati Area, has joined Axia Women’s Health, a portfolio company of Audax Private Equity. SHWHC will expand Axia’s Midwestern presence into Ohio and Kentucky and obtain Axia’s resources to make acquisitions, add ancillary services, and hire additional providers. Provident Healthcare Partners (“Provident”) served as the exclusive financial advisor to SHWHC. The financial terms of the transaction were not disclosed.
“Provident’s knowledge and experience was critical in helping Seven Hills achieve a successful closing. Their guidance allowed us to navigate the inevitable hurdles that arise in a deal process and their team was always available to address our concerns. I would highly recommend Provident to others considering a potential transaction process,” commented Dr. Ambrose Puttmann, President of SHWHC.
“Seven Hills is a highly respected provider of women’s health services on a local and national level,” noted AJ Shekar, Vice President at Provident. “In partnership with Axia, the organization is well-positioned to expand access to women’s health services and provide additional value-added ancillaries such as mammography and lab services, among others.”
“The partnership between SHWHC and Axia enables the organization to continue to be a long-term leader in the Tri-State region, while building on a shared vision to improve women’s health across the Midwest market,” stated Dustin Thompson, Vice President at Provident.
About Seven Hills Women’s Health Centers
Seven Hills Women’s Health Centers is one of the largest private practice providers of women’s health services in the Cincinnati metropolitan area and outreaching markets. Formed in 1998, the group has grown to 53 providers across 15 office locations, providing obstetrics, gynecology, and breast surgery services. Seven Hills is committed to providing a continuum of scientifically advanced and compassionate care to women across Cincinnati. For more information, visit https://womenshealthcenters.com/.
About Axia Women’s Health
Formed in 2017, Axia Women’s Health is one of the largest and most respected women’s health organizations in the country. The organization provides OBGYN, breast health, laboratory, urogynecology, and fertility services in Pennsylvania, New Jersey, Indiana, Ohio, and Kentucky through a network of nearly 400 providers and 150 women’s health centers. Axia’s mission is to lead the way in improving women’s health by creating a more caring, connected, and progressive women’s healthcare community. For more information, please visit https://axiawh.com/.
About Provident Healthcare Partners
Provident is the leading investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation for healthcare companies. The firm has a comprehensive knowledge of market sectors and specialties, including the Ob/Gyn specialty. Provident also has unsurpassed experience and insight into the M&A process, which includes working with a number of buyers such as private equity firms and strategic consolidators. For more information, visit www.providenthp.com.
Contact: Provident Healthcare Partners
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