Bloom Advises Pinnacle ENT Associates in Creation of New ENT Platform
- January 9, 2022
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The Bloom Organization (“Bloom”), the leading healthcare services focused investment bank, is pleased to announce that its client, Pinnacle ENT Associates (“PENTA”), has partnered with Zenyth Partners to form a new ENT-based Management Services Organization (“MSO”)* platform in Pennsylvania.
Established in 2005, PENTA’s team of doctors, surgeons, audiologists, speech pathologists and physician assistants specialize in treating a wide range of ear, nose and throat issues in both adults and children in its 15 locations throughout Southeastern Pennsylvania.
Bloom served as the exclusive transaction advisor to PENTA in its evaluation, negotiation, and execution of this transaction.
Brian Liberty, Managing Director at Bloom, stated, “Our team is thrilled to have had the opportunity to guide PENTA through this transaction process, culminating in the formation of a new platform in the specialty. A competitive process yielded several attractive opportunities for the group, whose decision to join forces with Zenyth aligns them with a strong partner that has deep experience in operating and building healthcare services companies. We are very pleased with the outcome and look forward to following the success of this partnership.”
Bloom has significant experience advising independent ENT groups in achieving their goals and planning for the future, and continues to be very active in the specialty.
The Bloom Organization has 30+ years of experience working exclusively on healthcare transactions assisting physicians, health systems, home health companies and private equity firms in market consolidation strategies and strategic partnerships. For more information or to discuss potential monetization opportunities, please contact The Bloom Organization at (305) 974-0700 or info@bloomllc.com.
*A Management Services Organization is a healthcare-specific administrative and management engine that provides a wide-array of administrative and management functions needed to be successful in the constantly evolving healthcare environment. The medical practices receive significant administrative assistance while physicians are able to maintain an increased level of autonomy. This creates economies of scale and cost savings while allowing the physicians to focus on patient care, cultivating in an improved patient experience.