Press Releases

SignatureCare Emergency Center completes sale of eleven Houston area FSEDs to HCA Healthcare

Written by dinan | Nov 30, 2023 6:28:58 PM

Dinan Capital Advisors (“Dinan”) is pleased to announce that its client, SignatureCare Emergency Center (“SignatureCare”) based in Houston, TX, has closed on a sale of a network of eleven Free-Standing Emergency Departments (“FSEDs”) in the greater Houston area to HCA Healthcare, Inc. (NYSE: HCA). Dinan served as the exclusive financial advisor to SignatureCare and its affiliates in this transaction.

SignatureCare is a leading, Joint Commission Certified, operator of 24-Hour FSEDs in Texas, providing state-of-the-art facilities for delivering high-quality emergency medical care in the communities it serves. With board-certified physicians, emergency-trained nurses, and advanced medical technology, SignatureCare offers an exceptional, patient-centric concierge approach to delivering emergency care. Recognized for its commitment to the community, SignatureCare is a trusted healthcare provider with the goal of enhancing patients' lives through superior healthcare services. Following the transaction, SignatureCare will continue to operate FSED networks outside of Houston. More information can be found at: www.ercare24.com.

HCA Healthcare, Inc. (NYSE: HCA) is a Nashville based leading healthcare services provider in the United States, known for its extensive network of hospitals, urgent care centers, and physician clinics. HCA encompass 180+ hospitals and 2,300+ sites of care, including surgery centers, FSEDs, urgent care centers, and physician clinics in 20+ states and the United Kingdom. More information can be found at: HCA Houston Healthcare Expands FSED Network.

Dinan Capital Advisors is a leading global middle market investment bank providing merger and acquisition, capital placement, valuation, merchant banking and other financial advisory services to companies and institutional investors.