BGL’s Healthcare & Life Sciences team served as the exclusive financial advisor to PSC in the transaction.
CHICAGO, Nov. 27, 2018 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the recapitalization of Precision Spine Care, PA (PSC), a leading physician group focused on the treatment of back and neck pain, by Bow River Capital (Bow River). BGL’s Healthcare & Life Sciences team served as the exclusive financial advisor to PSC in the transaction. The specific terms of the transaction were not disclosed. The transaction builds upon BGL’s market leadership position in advising physician practices and related ancillary services. PSC represents the second transaction for BGL’s Healthcare & Life Sciences investment banking practice in the pain management specialty in 2018. Founded in 2004 and based in Tyler, Texas, PSC is comprised of board certified and fellowship trained neurosurgeons and interventional pain management specialists dedicated to the treatment of back and neck pain. By providing a comprehensive set of surgical, non-surgical, and minimally invasive treatment options, patients receive the highest quality of care resulting in optimal patient outcomes and experience. To further bolster patient care efforts, PSC offers a suite of complementary service offerings including DME, pharmacy, lab, and clinical research. PSC utilizes over 20 providers to serve patients through seven facilities across East Texas. Founded in 2003, Bow River Capital is a private alternative asset management company based in Denver, Colorado, with Buyout, Real Estate, Software Growth Equity and Energy Fund platforms. The Bow River Capital platforms focus on the lower middle market across a geographic area referred to as Bow River’s Rodeo Region®, which encompasses the Rocky Mountains and surrounding states. Collectively, Bow River Capital has deployed capital into diverse industries, asset classes and across the capital structure. McDermott Will & Emery LLC acted as legal advisor to PSC and Greenburg Traurig, LLP served as legal advisor to Bow River. Financing supporting the transaction was provided by Capital Southwest Corporation. To learn more about BGL’s Healthcare & Life Sciences team, please visit: www.bglco.com/healthcare-life-sciences About Brown Gibbons Lang & Company
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