In the News
Updates and Press Releases
The Middle Market reports that Shelby Cowley has joined MidCap Advisors as Managing Director
The Middle Market reports on Shelby Cowley joining the MidCap Advisors team as Managing Director
Click here to view the article and more from The Middle Market
ConnectMoney Reports on the Hiring of Paul Kanarek as VP, Education at MidCap Advisors
Paul Kanarek was hired as Vice President, Education at Midcap Advisors, as reported by ConnectMoney.
ConnectMoney Reports on Promotions of MidCap’s Bisack, Noto and Sterling
ConnectMoney reported on the promotions of MidCap Advisors executives Brandon Bisack, Chloe Noto and Sterling Price.
Mergers and Acquisitions Reports on Promotions of MidCap’s Bisack, Noto and Sterling
Mergers and Acquisitions reported on the promotions of three members of the MidCap Advisors team: Brandon Bisack, from Associate to Vice President; and Chloe Noto and Sterling Price to Associate from Analyst
Click here to view the article and more from Mergers and Acquisitions
Meikle’s and Larkin’s New Roles at The Fertility Partners
MidCap Advisors' Vice President of Healthcare Brijinder S. Minhas was quoted by Inside Reproductive Health following the appointment of new CEOs at both The Fertility Partners and First Fertility.
KKR Moves to Acquire Eugin Group for $525M
MidCap Advisors' Vice President of Healthcare Robert S. Goodman offered comment to Inside Reproductive Health regarding investment bank KKR’s move to acquire Fresenius’s Eugin Group. The prospective transaction would make KKR one of the largest players in the global fertility space, following its acquisition of IVIRMA earlier this year.
Click here to view the article and more from Inside Reproductive Health
MidCap Advisors - a sponsor of 12th Annual Brach Eichler NJHMR
MidCap Advisors LLC is pleased to be a sponsor of the 12th Annual Brach Eichler New Jersey Healthcare Market Review (NJHMR) September 28-29 at the Borgata Hotel Casino Spa in Atlantic City, New Jersey. NJHMR provides a unique opportunity to connect with over 200 attendees comprised of hospital and ambulatory surgery centers executives and stakeholders, physicians, practice owners and managers, and healthcare administrators. During the two-day event, industry experts will discuss timely topics and trends in the healthcare and legal space ranging from legislative issues to operating and business strategies for greater profitability. Our own Robert S. Goodman (Bob) will be a panelist for the Friday, September 29th 11:00 a.m. to 12 noon session General Practice Management Panel of Experts: Hot Topics Relevant to Your Practice.
If you are contemplating selling your practice and have an interest in learning more about the M&A market for physician practices and ambulatory care centers in New Jersey, be sure to attend Bob’s panel and meet the MidCap Healthcare team at the conference.
EMG one of the nation’s oldest brokerage general agencies (BGA) acquired by Senior Market Sales
The leading national BGA to benefit from well-established insurance platform’s proprietary technology, marketing capabilities, and top carrier solutions. EMG, founded in 1972 as a Texas-based brokerage firm, assists financial advisors in navigating the insurance marketplace by locating the right products for their clients.
The BGA supports a national network of more than 3,000 agents across all 50 states. The Company offers life insurance plans, critical illness, long-term care, disability, travel, dental insurance as well as annuities, group benefits, life settlements and Affordable Care Act (ACA) plans. SMS represents top Medicare Supplement, Medicare Advantage, annuity, life, long-term care, and travel insurance in all 50 states. The firm was founded in 1982 and joined parent firm Alliant Insurance Services in 2020.
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EMG Insurance Brokerage acquired by Senior Market Sales
Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations (IMOs), has acquired EMG Insurance Brokerage, one of the oldest and most well-respected IMOs in the country. SMS President Jim Summers touted the new partnership as a major win for SMS and parent company Alliant Insurance Services as they build a network of companies that work together to grow, spark industry innovation and impact advisors’ and their clients’ lives.
“EMG joins a network of acquired partners who celebrate individual entrepreneurship while fostering collaboration — that’s a unique and exciting culture,” Summers said. “At a time of rapid consolidation in our industry, we’re not just expanding to get bigger. We’re carefully selecting strategic partners who can help us achieve our vision of building the premier health and wealth distribution network in the industry.”
Click here to view the article and more from Insurance Newsnet
EMG one of the nation’s most respected BGA acquired by Senior Market Sales
The leading national BGA to benefit from well-established insurance platform’s proprietary technology, marketing capabilities, and top carrier solutions. EMG, founded in 1972 as a Texas-based brokerage firm, assists financial advisors in navigating the insurance marketplace by locating the right products for their clients.
The BGA supports a national network of more than 3,000 agents across all 50 states. The Company offers life insurance plans, critical illness, long-term care, disability, travel, dental insurance as well as annuities, group benefits, life settlements and Affordable Care Act (ACA) plans. SMS represents top Medicare Supplement, Medicare Advantage, annuity, life, long-term care, and travel insurance in all 50 states. The firm was founded in 1982 and joined parent firm Alliant Insurance Services in 2020.
MidCap Advisors' client EMG Insurance Brokerage Acquired by Senior Market Sales
“EMG retained MidCap to identify a qualified buyer with the ideal cultural fit while maximizing enterprise value,” said Douglas Hendrickson, Partner at MidCap, who led the deal team along with MidCap Vice Presidents Brandon Bisack and Michael Gorlick, and Analyst Gabriella Walker. “The ideal buyer had to respect EMG’s entrepreneurial vision to operate independently and retain its full staff while availing itself of the advanced technological resources and elevated marketing opportunities an acquisition could provide. SMS checked all the boxes.”
SMS represents top Medicare Supplement, Medicare Advantage, annuity, life, long-term care, and travel insurance in all 50 states. The firm was founded in 1982 and joined parent firm Alliant Insurance Services in 2020.
Pavese-McCormick Insurance, in 90th year, sold to Florida firm
Currently in its 90th year of operation, PMA provides commercial and personal lines customers risk management solutions.
Click here to view the article and more from Return On Information - New Jersey
MidCap Advisors Vice President of Healthcare Quoted in Healthcare Business International
Our Vice President of Healthcare, Robert Goodman, was featured in a Healthcare Business International article that further speculated about Fresenius’ strategy to offload its expansive fertility asset, The Eugin Group, to the M&A market. It is through the courtesy of Healthcare Business International that we can share this information with our audience.
Robert shared insights related to The Eugin Group’s partnerships with prominent IVF clinics across 3 continents, he assessed the overall U.S. M&A market, and he explained the market from an investor’s perspective. Also, with experience as an administrator and CEO of a hospital, Robert observed that even though European hospitals are selling “non-core” fertility assets, U.S. hospitals are not doing the same currently. Robert cited higher concentrations of older patients with critical needs, nurse shortages, and wage demands as possibilities for why hospitals would need liquidity.
Click here to view the article and more from Healthcare Business International
MidCap Advisors Vice President of Healthcare Quoted in Inside Reproductive Health
Our Vice President, Robert Goodman, was recently quoted in an Inside Reproductive Health article where he shared expert insights on a disruptive event in the fertility industry.
The article dives into the pressure that a prominent European healthcare conglomerate, Fresenius Helios, is receiving from activist investor, Elliott Investment Management, to divest certain assets. Robert reported that acquiring such a large practice, like the Eugin Group, would be a major endeavor to integrate successfully and he listed and described potential buyers.
Click here to view the article and more from Inside Reproductive Health
MidCap Advisors Vice President Quoted in Wealth Solutions Report
Our Vice President, Tony Leonard, was recently quoted in a Wealth Solutions Report article.
Tony addresses how a financial advisor can help their business owner clientele when succession through M&A is a priority. With a CPA, an attorney, a financial advisor, and an experienced investment banker who can provide end-to-end guidance, these parties can supply business owners with the appropriate resources and advice. Together they will ensure a timely and successful closing of their client's company.
Click here to view the article and more from Wealth Solutions Report.
