Webster Equity Partners, a healthcare-focused private equity firm, has partnered with Pediatric Affiliates PA, a New Jersey-based pediatric network.

Led by Ira Haimowitz and Robert Shanik, PediAff is a pediatric group operating in six locations across New Jersey with a focus on underserved patient populations. The partnership looks to help PediAff expand its approach to pediatric care across the Northeast and beyond.

“Pediatric Affiliates has built something special, but they were at a key inflection point in their trajectory that required a partner with capital and operational resources to realize its full potential,” states Michael Kroin, PGP CEO. “Webster couldn’t be a better fit in helping them do just that. We’re excited to see their reach extend well beyond the state of New Jersey and the impact they will make in the pediatric healthcare space.”

Physician Growth Partners served as transaction advisor to Pediatric Affiliates.