Trinity Hunt Partners has acquired Denver-based SpineOne, a provider of interventional pain management services. No financial terms were disclosed. GLC Advisors & Co. LLC served as financial advisor to SpineOne.
(DALLAS) – Trinity Hunt Partners, a growth-oriented middle market private equity firm, today announced a partnership with SpineOne, a leading provider of interventional pain management services based in Denver, Colorado. SpineOne represents Trinity Hunt’s initial investment as part of a strategy to pursue affiliations with leading, independent interventional pain management practices across the United States and create a market leader.
In connection with the partnership, Trinity Hunt formed a new management services organization (“MSO”) which will provide SpineOne with best-in-class support services allowing its team of physicians to deliver the highest quality patient care at a greater scale. Trinity Hunt is partnering with Damon Green, a seasoned healthcare services executive who brings extensive operational experience and strategic expertise in the interventional pain management sector, to serve as the CEO of the newly formed MSO.
“I am excited to be working with the SpineOne and Trinity Hunt teams to develop a new leader in the interventional pain management space. SpineOne has developed an impressive practice with an intense focus on clinical excellence. We will continue to maintain that focus as we expand our network of practices,” said Damon Green.
“In Trinity Hunt, we have found a partner that brings values, experience and a focus on culture that is paramount to the continued success of SpineOne,” said Dr. Perry Haney, SpineOne’s founder, who will remain a significant shareholder. “We are excited to announce this transition as SpineOne moves into its next phase of growth.”
“Dr. Haney and the SpineOne team have achieved great success in building a tremendous practice,” said Mike Steindorf, Partner at Trinity Hunt. “We plan to build our interventional pain management platform through affiliations with like-minded practices, offering services to support growth so physicians can focus on providing exceptional patient care.”
GLC Advisors & Co. LLC served as exclusive financial advisor and Kutak Rock LLP served as legal advisor to SpineOne. McGuireWoods LLP served as legal advisor to Trinity Hunt. Terms were not disclosed.
SpineOne is a leading interventional pain management provider focused on the treatment of spine, back, neck, and joint pain. SpineOne’s integrated, multidisciplinary treatment approach includes physical therapy, imaging, and minimally invasive procedures used to treat acute and chronic spine and orthopedic injuries. The company operates through two locations in the Denver area including a wholly owned surgery center.