Welsh, Carson, Anderson & Stowe, a private equity firm concentrated on healthcare and technology industries, and Resurgens Orthopaedics have formed a new venture that will build a premier physician-owned orthopedic platform.
Resurgens is a large orthopedic group based out of Georgia and provides specialty care and ancillary services to all musculoskeletal needs. The firm has around 100 physicians and 50 practice providers across 24 clinic locations, serving 800,000 patients.
“As one of the largest and most respected orthopedic practices in the country, Resurgens Orthopaedics is the perfect founding partner for our new venture,” added Sean Traynor, general partner at WCAS. “Resurgens Orthopaedics’ commitment to best-in-class clinical quality together with our resources and capital investment will enable the company to deliver exceptional care to more patients nationally.”
Harris Williams acted as exclusive financial advisor to Resurgens Orthopaedics, with Bass Berry & Sims serving as legal counsel. Sidley Austin served as legal counsel to WCAS.