Transactions
Florida Emergency Physicians acquired by TeamHealth
Oct. 2016
Client: FEP is the emergency medicine services provider to Florida Hospital throughout the greater Orlando region, providing services at 11 hospitals
Role: Edgemont Partners acted as exclusive financial advisor to FEP in its sale to TeamHealth
Location: Orlando, FL
Sector: Physician and Provider Services
Lead Banker: Jeff Swearingen
acquired by
Case Study
Florida Emergency Physicians acquired by TeamHealth
To help Florida Emergency Physicians (FEP)—an emergency medicine staffing provider with 150 physicians and 100 advanced practice physicians, who cared for more than 600,000 patients each year—secure the best terms in their sale to a physician services consolidator.
FEP was searching for potential buyers that could offer expanded resources to support their company. And to facilitate the process, they needed an expert financial advisor. With deep experience in the emergency medicine business, we had a unique understanding of what strategic consolidators were looking for—and went to market knowing how to maximize FEP’s strengths. By highlighting their assets, we were able to create a very competitive auction process.
We helped FEP put their best foot forward—spotlighting the factors that would catch the interest of buyers and extract maximum value for shareholders.
Florida Emergency Physicians was ultimately purchased by TeamHealth. As one of the largest integrated care providers in the country, FEP was well-supported to continue its growth trajectory.