INSIGHT

Gastroenterology Associates of Northern Virginia (GANV), the leading provider of digestive health services in Northern Virginia, has been acquired by Gastro Health. GANV provides gastroenterology services through four clinical locations, two endoscopy suites, and two surgery centers. Provident Healthcare Partners (“Provident”) served as exclusive financial advisor to GANV. The terms of the transaction were not disclosed.

“Without Provident, I am confident we would not have achieved the same results. Their expertise, patience, and professionalism made the otherwise intimidating process of partnering with private equity a comfortable one. I recommend without reservation,” commented Dr. Ahmed Hegab, Managing Partner of GANV.

“The densely populated Northern Virginia market is highly fragmented within gastroenterology; the partnership between GANV and Gastro Health positions the organization to continue to be a long-term leader in the region,” stated Eric Major, Vice President at Provident.

About Gastroenterology Associates of Northern Virginia
Since opening its first office in 1998, GANV has committed to partnering with patients and providing quality medical care. Founded by Kenneth R. Mirkin, MD, who later merged with Michael A. Garone, MD and Peter L. Scudera, MD, the Fairfax office has been serving the Northern Virginia community for over 21 years. GANV’s team of experts is comprised of 18 Board Certified Physicians and 8 Certified Physician Assistants, dedicated to enhancing gastrointestinal and liver care. For more information, visit https://www.myganv.com/.

About Gastro Health
Gastro Health is one of the leading gastroenterology groups in the United States. Gastro Health strives to provide outstanding medical care and an exceptional healthcare experience. The Gastro Health care teams utilize technology, clinical expertise, and compassionate care to provide a personalized approach to digestive health and overall wellness. For more information, www.GastroHealth.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 gastroenterology sector. 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 groups. For more information, visit www.providenthp.com.

Contact:
Provident Healthcare Partners
Gina Casiello
877-742-9800

 

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”