Epix Healthcare Associates LLC, the holding company of Atlanta-based Epix Anesthesia LLC, a provider of anesthesia services to ambulatory surgery centers and community hospitals, partnered with Ashlar Capital. Ashlar has also committed capital to pursue complementary acquisitions that leverage the Epix’s infrastructure and expertise. Scott Freishtat and Ian McKelvie of Ashlar will join the company’s board.
PRESS RELEASE
ATLANTA, March 9, 2016 /PRNewswire/ — Epix Healthcare Associates, LLC, the holding company of Epix Anesthesia, LLC, the fast growing national provider of anesthesia services to ambulatory surgery centers (ASCs) and community hospitals in eleven states, announced a partnership with Ashlar Capital, a leading healthcare-focused private investment firm.
The partnership with Ashlar Capital will allow Epix Healthcare Associates to bolster its investments in the technology, people and infrastructure that have enabled the Company to deliver industry leading clinical quality and customer satisfaction. Ashlar Capital has also committed capital to pursue complementary acquisitions that leverage the Company’s robust infrastructure and expertise in anesthesia management.
“This investment will add to our financial strength, fuel new strategic initiatives, and ultimately is the logical next step in our continued growth as a company,” Epix Healthcare Associates President and CEO Daryl Malachowski said. “But just as important for us, Ashlar is a great cultural fit. Our dedication to strong values in corporate citizenship, clinical quality, ethics, safety and sustainability is highly valued and shared by the Ashlar team.”
Scott Freishtat and Ian McKelvie of Ashlar Capital will join Epix Healthcare Associates’ board. Both bring extensive healthcare, operating and private equity experience.
About Epix Anesthesia
Based in Atlanta, GA, Epix Anesthesia is a national provider of anesthesia services to ASCs and community hospitals across the nation. With a focus on clinical excellence and customer satisfaction, Epix Anesthesia offers a broad array of anesthesia services to healthcare facilities including practice management, billing, consulting, and staffing solutions. For more information, visit www.epixanesthesia.com.
About Ashlar Capital
Ashlar Capital is a healthcare-focused private investment firm. The firm invests in leading lower-middle market businesses across all healthcare sectors and focuses exclusively on partnership opportunities with management teams to provide human capital, financial resources, industry networks and sector expertise to unlock value and build higher performing businesses. For more information, visit http://www.ashlarcap.com/.
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