FFL Partners, a private equity firm focused on growth investments in middle market companies, has formed a new orthopedic health services organization, U.S. Orthopedic Partners through an investment of its capital. The Thurston Group, a Chicago-based private equity firm with a focus on investing in healthcare companies, also invested in USOP.
MSMOC, an orthopedic care provider in Mississippi, will benefit from USOP’s mission of “helping to empower growth-minded physician-owners who would like to focus on providing best-in-class musculoskeletal care while reducing back-office and administrative burdens,” said Chris Harris, managing partner, FFL Partners. “Our investment in USOP reflects FFL’s proven experience in partnering with doctors of fast-growing healthcare service organizations who seek the resources and operational guidance we can provide to take their practices to the next level.”
“FFL is an experienced investor in healthcare services and shares our vision for expanding USOP’s regional footprint in the Southeast through acquisitions of complementary physician practices to meet the strong demand for high quality treatment in the region,” said Glen Silverman, CEO of MSMOC and USOP. “USOP’s scalable platform will enable physicians who join our organization to spend more time caring for patients and position their practices for long-term success.”