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Closing of an endoscopy center acquisition in Stamford Connecticut

Press Release – July, 2013

Merritt Healthcare is pleased to announce the closing of an endoscopy center acquisition in Stamford Connecticut.

Merritt Healthcare is pleased to announce that Diagnostic Endoscopy Center (“DEC”) has sold a majority interest to AmSurg, a leading ASC and endoscopy center operator.  DEC is located in Stamford, Connecticut.  The Facility engaged principals of Merritt to market the facility and advise DEC during the selection, due diligence and documentation process.

DEC selected AmSurg as a partner and the transaction was approved by the Connecticut Department of Health in April.  Dr. Alan Selkin comments “Matt Searles and the entire team at Merritt Healthcare provided the most comprehensive and professional approach in our sale to AmSurg…After successfully managing and growing our center, they helped me and my partners understand our various options in today’s ever changing health care climate…Upon our decision to sell, they meticulously guided us through the complex gauntlet involved in the transaction in which they brought in several competitive bids, handled the regulatory and compliance concerns and dealt with the myriad of issues among the physician owners….Their expertise and experience in handling this transaction has been exemplary…”

Merritt Healthcare maintains an active advisory service guiding surgery centers, endoscopy center and hospitals in the sale and acquisitions of healthcare facilities.   Any questions can be directed to:

Matt Searles*

 

www.merritthealthcare.com
Somers Town Center, B415
Somers, New York 10589
Office  914.556.6266, x1
Cell 914.262.1217
Fax 914.470.0430

*Registered Investment Banking Agent with Series 79 & 63 licenses. The principals of Merritt performed this work in their capacity as Registered Agents of an unaffiliated registered broker-dealer, Burch & Company, Inc.   Any testimonials presented do not guarantee future success or performance.

 

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