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 Free-Standing Emergency Department (“FSED”) in Paris, Texas to Lifepoint Healthcare, a portfolio company of Apollo Global Management (NYSE: APO). Dinan served as 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 Paris.
Lifepoint Health, a platform investment of Apollo Global Management Inc., is a prominent healthcare services provider based in Brentwood, Tennessee. The company operates an extensive network of 85+ hospitals, regional health systems, physician practices, outpatient centers, FSEDs, and post-acute facilities across 30 states.
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.