INSIGHT

Southeast Gastro, a Birmingham Alabama-based gastroenterology practice with 20 board-certified gastroenterologists, 17 advanced practitioners, 8 locations, and three surgery centers, has partnered with Gastro Health, a leading medical group specializing in digestive health. Provident Healthcare Partners (“Provident”) served as exclusive financial advisor to Southeast Gastro. The terms of the transaction were not disclosed.

“Provident is comprised of an excellent team of advisors and applies a methodical approach to finding the right partner for its clients. Each gastroenterology practice is different, as is each private equity group; Provident took the time to fully understand what makes our practice unique and then paired us with a like-minded partner while always keeping our best interests in mind. The team provided guidance and support during this transition and never once put pressure on us to partner with a group if we felt uncomfortable,” stated Dr. Miles Gresham, President of Southeast Gastro.

“Southeast Gastro’s partnership with Gastro Health will facilitate the future growth objectives of the organization allowing Southeast Gastro to continue its expansion across the state of Alabama and Southeastern United States,” commented Abe M’Bodj, Senior Analyst for Provident Healthcare Partners.

“We are honored to partner with the exceptional team of physicians and advanced practitioners from Southeast Gastro,” said Gastro Health CEO, Joseph M. Garcia. “Their long history of providing the highest quality, patient-centered care has made a tremendous impact in their community and speaks directly to our own commitment to improving the health of our patients through teamwork, mutual respect, and compassionate care.”

About Southeast Gastro
Founded in 1976, Southeast Gastro is widely regarded as one of the region’s premier resources for the evaluation and treatment of gastrointestinal disorders. The practice is comprised of 20 board-certified gastroenterologists and 17 advanced practitioners. Southeast Gastro operates four main clinic locations, four satellite locations, and provides diagnostic and preventive procedures at three surgery centers throughout the Birmingham metropolitan area. For more information, visit https://www.southeastgastro.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, visit 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

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

  • “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.”

  • “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.”

  • ”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.”

  • “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.”