PE Deals

NMS Capital-backed USFAS acquires Foot & Ankle Specialists of Central PA

Foot & Ankle was founded in 2016.

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  • USFAS is headquartered in Rockville, Maryland
  • Founded in 2010, NMS Capital is managing assets in excess of $1.4 billion
  • NMS invests in lower middle market companies

U.S. Foot & Ankle Specialists LLC, a portfolio company of NMS Capital, has acquired Foot & Ankle Specialists of Central PA, a provider of podiatric care. No financial terms were disclosed.

Founded in 2016, Foot & Ankle Specialists specializes in treating a wide variety of foot and ankle conditions, including heel pain, arthritis, ingrown toenails, bunions, diabetic feet, and more.

“Foot & Ankle Specialists is a trusted, friendly, and highly-skilled team of podiatrists, and I’m excited to welcome them to the USFAS network,” said Cotton Hawes, CEO at USFAS, in a statement. “We understand and admire the level of commitment these doctors put into their practice, and look forward to supporting them as they reach new patients and expand their capabilities.”

USFAS is a provider of podiatric services providing a full range of specialty services for the advanced treatment of foot and lower extremity conditions. Headquartered in Rockville, Maryland, USFAS provides services through a growing network of approximately 100 offices in Maryland, Virginia, Pennsylvania, North Carolina, Delaware, West Virginia, Ohio, New Jersey, and Washington, D.C.

Founded in 2010, NMS Capital is an experienced private equity firm managing assets in excess of $1.4 billion. NMS invests in lower middle market companies.