PE-backed Synergy recaps Vigilant Neuromonitoring

Synergy IOM LLC, a portfolio company of Monument MicroCap Partners, has recapitalized Newport Beach, California-based Vigilant Neuromonitoring, a provider of intraoperative neuromonitoring and neuro diagnostic services.

Synergy IOM LLC, a portfolio company of Monument MicroCap Partners, has recapitalized Newport Beach, California-based Vigilant Neuromonitoring, a provider of intraoperative neuromonitoring and neuro diagnostic services. No financial terms were disclosed.

PRESS RELEASE

Indianapolis, IN. Monument MicroCap Partners, LLC (“Monument”), an Indianapolis-based private equity firm, announced today that on June 14, 2021, its portfolio company, Synergy IOM LLC (“Synergy”) recapitalized Vigilant Neuromonitoring, LLC (“Vigilant”). Based in Newport Beach, CA, Vigilant provides intraoperative neuromonitoring and neuro diagnostic services.

“We couldn’t be more excited to be partnering with Brian Brady and Brian Tatomir and the talented team at Vigilant”, said Jeff Kropholler, President of Synergy. “The combination of our businesses will expand our geographic reach and help us in our goal of creating the premier company within the IOM space. We welcome Vigilant and their clients to the Synergy family”.

“As we continued to build Vigilant, it was critically important for us to join forces with a quality firm that would support our growth in the region”, said Brian Brady and Brian Tatomir of Vigilant. “Synergy is the perfect fit for Vigilant and we look forward to growing the combined business alongside Jeff.”

Vigilant represents the first recapitalization by Synergy, which was recapitalized by Monument 7 months ago.

About Synergy IOM, LLC
Founded in 2012 and headquartered in Southlake, TX, Synergy provides Intraoperative Neurophysiological Monitoring (IONM), or neuromonitoring for spinal, cranial, and pain management surgical procedures in Texas.

About Monument MicroCap Partners, LLC
Monument is an Indianapolis-based private equity firm focused on investments in North American businesses with EBITDA of $2-8 million. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries, including business services and industries positioned to capitalize on demographic trends and the growing need for infrastructure investment.