Genesis Capital Advises Optim Healthcare on its Majority Sale to National Surgical Healthcare

Genesis Capital Advises Optim Healthcare on its Majority Sale to National Surgical Healthcare

Genesis Capital is pleased to announce that Optim Healthcare (“Optim”) has formed a partnership and completed the sale of a majority interest to National Surgical Healthcare (“NSH”).

Optim Healthcare is a fast-growing, integrated, orthopedic-focused health system with a reputation for clinical excellence and strong brand awareness across the region. Based in Savannah, Georgia, Optim is a privately owned and physician led company that provides orthopedic, musculoskeletal and related healthcare services to residents of 19 counties in Southeast Georgia through an orthopedic-focused critical access hospital, an ambulatory surgery center, two critical access hospitals, seven outpatient physical and occupational therapy clinics, two full-service imaging centers, and eight rural health clinics. In 2014, Optim treated more than 62,000 patients.

“We are very pleased with the transaction and our new partnership”, commented Dr. John George, Optim’s lead physician partner. “We engaged Genesis Capital to help our physician owners consider our strategic options, particularly in light of the increasingly complex healthcare landscape. Genesis Capital was invaluable in helping us secure the best partner for Optim, which enables us to remain physician-focused, provides the management support and resources to continue to grow and operate effectively, and, most importantly, enables us to continue to provide patients with the highest quality care in Southeast Georgia.”

Genesis Capital LLC served as investment banking advisor to Optim while Morris, Manning & Martin, LLP and Oliver Maner LLP provided legal counsel to Optim.

Commenting on the announcement, David Crane, Chairman and Chief Executive Officer of NSH, said, “We are pleased to announce this next step in our company’s growth, a transformational partnership with the leading orthopedic group in Southeast Georgia. With its musculoskeletal focus and reputation for strong clinical outcomes and high quality patient care, Optim and NSH are an ideal fit. We are excited about our new partnership with Optim and look forward to working together to grow the organization’s capabilities and presence throughout the area.”

About National Surgical Healthcare

National Surgical Healthcare (NSH) is an innovative healthcare partner, based in Chicago, Illinois, that empowers physicians to thrive in a changing marketplace. A leader in clinical outcomes, NSH partners with leading orthopedic surgeons and neurosurgeons in its facilities across the country to provide cost-efficient, high-quality patient care. NSH is an Irving Place Capital portfolio company. For more information about NSH, visit the company’s website at

About Irving Place Capital

Based in New York City, Irving Place Capital is a middle-market private equity firm that invests in buyouts, recapitalizations and growth capital opportunities. The firm focuses on making control or entrepreneur-driven investments in retail and consumer, industrial and packaging companies where it can apply its substantial operating and strategic resources and expertise to enhance value. Since its formation in 1997, Irving Place Capital has been an investor in 60 companies and has raised over $4 billion of equity capital, including its current $2.7 billion institutional fund. For more information about Irving Place, visit the company’s website at

Company Type: Private Companies

Transasction Type: Sellside M&A

Industry: Healthcare