BGL Advises Heritage Park Surgical Hospital in its Partnership with Texas Health Ventures Group
July 30 2015
Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, is pleased to announce that its client, Heritage Park Surgical Hospital (HPSH), has partnered with Texas Health Ventures Group (THVG), an affiliate of Baylor Scott & White Health (BSWH). BGL served as the exclusive financial advisor to HPSH in the transaction. The specific terms of the transaction were not disclosed.
Opened in 2005 in Sherman, Texas, physician-owned Heritage Park Surgical Hospital is a regional provider of inpatient and outpatient surgical services across virtually all specialties, including orthopedics, ENT, gastrointestinal, and general surgery. The state-of-the-art surgical hospital is equipped with 10 operating suites, 12 inpatient rooms, and additional procedure space for a variety of diagnostics and pain management.
Texas Health Ventures Group is a joint venture between United Surgical Partners International (USPI) and Baylor Scott & White Health, both based in Dallas, Texas. THVG operates approximately 25 ambulatory surgery centers and 10 surgical hospitals in North Texas, in partnership with over 700 physician owners. USPI is the largest operator of short-stay surgical facilities in the United States, owning currently more than 260 short-stay facilities in partnership with over 4,000 physicians and serving over one million patients each year. BSWH is the largest not-for-profit healthcare system in Texas and one of the largest in the United States.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Consumer Products & Retail Services, Environmental & Energy Services, Healthcare & Life Sciences, Human Capital Management Outsourcing, Industrials, and Real Estate. BGL has offices in Chicago and Cleveland and real estate offices in Irvine and San Antonio, in addition to Global M&A partner offices in more than 50 countries across 5 continents, which allows us to deliver to our clients unparalleled access to corporations, investors, and opportunities globally. For more information, please visit www.bglco.com.