The Bloom Organization Advises NJ Orthopedic Practice on Partnership with Leading PE Backed Orthopedic Platform
- November 2, 2022
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The Bloom Organization (“Bloom”) represented New Jersey based Advanced Orthopedics and Sports Medicine Institute (“AOSMI”) in a transaction with HealthPlus Management (“HealthPlus”). HealthPlus, backed by the private equity arm of global alternative asset manager Investcorp, is a market leader in clinical practice management in the physical medicine and rehabilitation market.
The Bloom Organization ran a competitive process and brought an array of opportunities to the partners at AOSMI. Ultimately, the partners believed that teaming with HealthPlus postured them best for growth in the region and a bright future for their core of associate physicians.
“It is critically important to carefully navigate through the process of seeking out the right partner for a practice,” said Bob Goettling, Principal at Bloom. “Dr. Alan Nasar and Dr. Michael Greller as physician leaders for the group devoted substantial time and energy to this process and as such, were confident in their final decision to partner with HealthPlus.”
The Bloom Organization has 30+ years of experience working exclusively on healthcare transactions assisting physicians, health systems and private equity firms in market consolidation strategies. Practice administrators and physicians looking to explore partnership transactions and liquidity opportunities are encouraged to reach out to us at (305) 974-0700 or info@bloomllc.com.