Brentwood Capital Advisors is pleased to announce that it served as the exclusive financial advisor to Physicians Care, P.C. (“Physicians Care” or the “Company”) in its sale to Urgent Team.
Founded in 1990, Physicians Care is a provider of urgent care, family care, and workers’ compensation and employer services in East Tennessee. The Company currently owns and operates eight urgent care centers and has developed a strong regional presence. The founder, Bill Meadows, M.D., has a background in emergency medicine and more than 25 years of experience in urgent care. Dr. Meadows will continue practicing medicine, as well as serve as Chief Medical Officer for Physicians Care.
“Urgent Team has the financial resources and corporate infrastructure necessary to fulfill my vision of further expanding our business, and Urgent Team’s philosophy, people and reputation for quality and integrity made my decision easy.” Dr. Meadows said. “Brentwood Capital Advisors, my investment banker in this transaction, played a critical role in evaluating various alternatives and closing a transaction that resulted in the best partner for Physicians Care. BCA was essential to the success of the transaction.”
“We were pleased to represent Physicians Care in this sale to Urgent Team,” stated L.A. Galyon, a Managing Director with Brentwood Capital Advisors LLC. “Physicians Care has built a tremendous reputation in East Tennessee, and the Company will be able to better serve its patients in the future through additional resources available as part of the Urgent Team platform.”
About Physicians Care
Headquartered in Chattanooga, Tennessee, Physicians Care is a leading provider in East Tennessee specializing in urgent medical care, occupational medicine and work comp. Its dedicated team of physicians, nurse practitioners, physician assistants and medical staff in eight facilities ensure that all patients receive exceptional medical treatment or minor injuries and illnesses. For more information, visit www.phycare.net.
About Brentwood Capital Advisors
Based in Franklin, Tennessee, Brentwood Capital Advisors (“BCA”) is one of the South’s leading boutique investment banks that provides mergers and acquisitions and capital raising advice to privately-held, middle market healthcare, technology and tech-enabled and outsourced services companies. BCA has served as exclusive financial advisor in over 75 successfully closed transactions totaling approximately $4.7 billion in value in these sectors. Founded in 1999, the firm is partner-owned and has sixteen investment banking professionals. For more information, visit www.brentwoodcapital.com.
About Urgent Team
Urgent Team is one of the largest independent operators of urgent and family care centers in the Southeast. The Urgent Team family of urgent care and walk-in centers provides quality and affordable family healthcare at 29 locations: Urgent Team (12 centers throughout Arkansas, Mississippi and Tennessee); Sherwood Urgent Care (seven centers throughout Arkansas); Baptist Health Urgent Care (two centers in Arkansas); and Physicians Care (eight centers throughout East Tennessee). Urgent Team’s convenient, walk-in centers provide a comprehensive range of healthcare services including treatments for injuries and illnesses, occupational health and wellness care. Urgent Team’s online and mobile sites allow patients to find a convenient location and register prior to visiting a center. The company headquarters are located in Nashville, Tenn. For more information, visit www.UrgentTeam.com.