ARC is a portfolio firm of Chicago-based Thurston Group. This transaction represents its enlargement into the DC/Mid-Atlantic market.
— Dr. Greta Hirsch
CHICAGO, IL, UNITED STATES, October 17, 2022 /EINPresswire.com/ — Physician Growth Partners (“PGP”) is happy to have suggested The Ross Center (“TRC”), in its latest partnership with ARC Health (“ARC”), a non-public equity-backed behavioral health platform and a portfolio firm of Chicago-based Thurston Group. This transaction represents ARC’s enlargement into the Washington, DC-area market and the better Mid-Atlantic area of the US.
The Ross Center is led by famend behavioral health specialists, Dr. Beth Salcedo and Greta Hirsch, PhD. Since its founding in the Nineties, TRC has grown to be the chief in psychiatric and psychological care in DC, Northern Virginia, and New York. With greater than 50 board-certified clinicians, TRC delivers a full suite of behavioral health companies with a constant deal with introducing the most recent therapy applications for sufferers. Its full-scope service providing, alongside with an unmatched model, has led to TRC’s rise as an trade thought chief and the go-to observe in its market.
ARC Health will leverage its expertise and robust government management to speed up TRC’s present development initiatives. Through expanded supplier recruitment, elevated therapy choices, and geographic enlargement, TRC and ARC will look to proceed the profitable development skilled in latest years.
PGP served because the unique transaction advisor to The Ross Center in their analysis and execution of this transaction. Russell Hilton, a accomplice at Alston & Bird, served as TRC’s authorized counsel.
TRC Shareholder & Medical Director Dr. Beth Salcedo mentioned, “Robert Aprill and Ezra Simons were invaluable advisors from the start. The PGP team moved very quickly to ensure we were able to explore all of our options in terms of partners. They were extremely focused beyond economics to ensure we’d maintain the autonomy we needed for continued success. There is no way we would have achieved this outcome without PGP. We’re extremely excited about this partnership with ARC.”
Dr. Greta Hirsch, TRC Shareholder & Clinical Director, added “We were lucky to find Ezra Simons and the PGP team. The value they added to our process was significant and we would not have been able to achieve this without them. PGP managed a complicated process with strong attention to detail and focus on timeliness. They helped us achieve our goals to partner with a like-minded organization that would both suit our current needs and bring us to the next level. We look forward to TRC’s next chapter of growth alongside ARC.”
Vince Morra, CEO of ARC Health, defined, “The Ross Center, with their focus on quality care and superior outcomes, is a perfect example of the kind of practice we look to partner with. This partnership allows The Ross Center to maintain clinical autonomy and brand identity without sacrificing financial strength or stability. We are excited for them to be a valued part of our rapidly expanding platform,”
Ezra Simons and Robert Aprill of Physician Growth Partners added, “The Ross Center is a nationally recognized group within the outpatient behavioral health space. We’re grateful to have had the opportunity to represent them in this partnership with ARC. We knew that we needed to help them find a partner that would empower continued growth by prioritizing patient care and clinical autonomy. We had to run fast and were pleased with the outcome. We think that Thurston and ARC have a unique opportunity in front of them and are excited about TRC’s place as a cornerstone in their strategy. We’re extremely bullish on what these groups will accomplish together.”
About Physician Growth Partners
Physician Growth Partners is without doubt one of the most energetic nationwide healthcare advisory corporations devoted to representing doctor platforms in transactions with personal fairness. PGP creates worth by offering operational assist, strategic positioning, and transaction advisory, delivering an optimum final result for its purchasers.
For extra details about Physician Growth Partners, please go to www.physiciangrowthpartners.com
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Christopher Batio
Physician Growth Partners
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