INSIGHT

Pain Management Associates, Inc. and Interventional Spine Center, Inc. (collectively referred to as “Pain Management Associates” or “PMA”), have partnered with Surgery Partners, a portfolio company of Bain Capital. PMA is the leading provider of premium interventional pain management in Orange County, California and the surrounding communities. Provident Healthcare Partners (“Provident”) served as exclusive financial advisor to Pain Management Associates. The terms of the transaction were not disclosed.

“Provident made the transaction go as smoothly as possible. It was a pleasure to work with the entire Provident team – each and every one of them are true professionals. We are grateful to have had them as an advisor in this process,” noted Keyvan Zavarei M.D, Co-Founder of Pain Management Associates.

“Leveraging the resources of Surgery Partners and Bain Capital, Pain Management Associates will be well positioned to continue growing throughout the fragmented Southern California marketplace,” commented Abe M’Bodj, Analyst at Provident Healthcare Partners.

About Pain Management Associates
Pain Management Associates provides care out of 5 locations in Anaheim, Fountain Valley, Irvine, Laguna Hills, and Long Beach, California, in addition to three wholly owned ambulatory surgery centers in Laguna Hills, Long Beach, and Anaheim. The centers are certified by Medicare / Accreditation Association for Ambulatory Health Care (AAAHC). For more information, visit http://pmaphysician.com/.

About Surgery Partners
Headquartered in Nashville, Tennessee, Surgery Partners is a leading healthcare services company with a differentiated outpatient delivery model focused on providing high quality, cost effective solutions for surgical and related ancillary care in support of both patients and physicians. Surgery Partners is one of the largest and fastest growing surgical services businesses in the country, with more than 180 locations in 32 states, including ambulatory surgical facilities, surgical hospitals, a diagnostic laboratory, multi-specialty physician practices and urgent care facilities. For more information, visit http://www.surgery-partners.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, and unsurpassed experience and insight into the M&A process. For more information, visit www.providenthp.com.

Contact:

Provident Healthcare Partners
Gina Casiello
617-742-9800

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  • “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.”

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

  • ”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.”

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

  • “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.”

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

  • “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.”