Transaction Advisory
BOSTON, MA – New Jersey Anesthesia Group, P.A. (NJAG) has been acquired by North American Partners in Anesthesia (NAPA). NJAG, based in Paterson, NJ, provides anesthesia services to several hospitals and medical centers in New Jersey, as well as to more than 12 outpatient facilities. NJAG’s pain care division, which provides pain management services in Passaic and Bergen counties was included as part of the transaction. Provident Healthcare Partners served as exclusive financial advisor to NJAG. The terms of the transaction were not disclosed.
About New Jersey Anesthesia Group
Founded in 1988, New Jersey Anesthesia Group has developed into the preeminent provider of anesthetic care and pain services in northern New Jersey. The dedicated physicians of NJAG span many subspecialties of anesthesiology including pediatrics, obstetrics, cardiac, neurosurgery and pain medicine. NJAG has one of the largest residency programs in the state of New Jersey and is an affiliate of Mount Sinai School of Medicine.
About North American Partners in Anesthesia
Founded in 1986, North American Partners in Anesthesia (NAPA) is the leading single specialty anesthesia management company in the United States. NAPA is comprised of the most respected clinical staff, providing thousands of patients with superior and attentive care. The company is known for partnering with hospitals and other health care facilities across the nation to provide anesthesia services and perioperative leadership that maximize operating room performance, enhance revenue, and demonstrate consistent patient and surgeon satisfaction ratings. For more information, please visit www.napaanesthesia.com.
About Provident Healthcare Partners
Provident is the leading investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation for middle-market and emerging growth healthcare companies. The firm has a vast network of high-level, senior industry contacts, a thorough knowledge of market sectors and specialties, and unsurpassed experience and insight into the M&A process. Provident uncovers value and opportunities that others often overlook to create transaction premiums for its clients. For more information visit the Provident website www.providenthp.com.
Contact:
Provident Healthcare Partners
Boston, MA
Gina Leone, Analyst
617-742-9800
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