ARC is a subsidiary of the Chicago-based Thurston Group. This deal represents its expansion into the DC/Mid-Atlantic market.
– Dr. Greta Hirsch
Chicago, Illinois, United States, October 17, 2022 /EINPresswire.com/ – Physician Growth Partners (“PGP”) is pleased to advise you Ross Center (“TRC”), in its recent partnership with ARC صحة Health (“ARC”), the private equity-backed behavioral health platform and portfolio company of the Chicago-based Thurston Group. This transaction represents ARC’s expansion into the larger Washington, D.C. and Mid-Atlantic market in the United States.
The Ross Center is run by renowned behavioral health professionals, Dr. Pete Salcedo and Greta Hirsch, Ph.D. Since its founding in the 1990s, TRC has grown to become a leader in psychiatric and psychiatric care in DC, Northern Virginia, and New York. With more than 50 board-certified physicians, TRC offers a full range of behavioral health services with an ongoing focus on delivering state-of-the-art treatment programs to patients. Offering its full range of services, combined with an unparalleled brand, has led to TRC’s rise as a leader in thought and practice in its market.
ARC Health will leverage its experience and strong executive leadership to accelerate the current growth initiatives of the Telecommunications Regulatory Authority. By expanding provider recruitment, increasing treatment offerings, and geographic expansion, TRC and ARC will look to continue the successful growth we have seen in recent years.
PGP acted as the exclusive transaction advisor to Ross Center in its evaluation and execution of this transaction. Russell Hilton, a partner at Alston & Bird, served as legal counsel for TRC.
Dr. Beth Salcedo, Contributor and Medical Director, TRC, said: “Robert Abril and Ezra Simmons have been invaluable advisors from the start. The PGP team moved very quickly to ensure we were able to explore all of our options in terms of partners. They have been very focused on beyond economics to ensure we maintain There is no way we would have achieved this result without PGP. We are very excited about this partnership with ARC.”
Dr. Greta Hirsch, Contributor and Medical Director at TRC added: “We were so lucky to find Ezra Simons and the PGP team. The value they added to our process was great and we wouldn’t have been able to do it without them. PGP ran a complex process with extreme attention to detail and a focus on timeliness.” They have helped us achieve our goals of partnering with a like-minded organization that will fit our current needs and take us to the next level. We look forward to the next chapter of growth at TRC alongside ARC.”
Vince Mora, CEO of ARC Health, explained, “The Ross Center, with its focus on quality care and superior outcomes, is an excellent example of the type of practice we look forward to partnering with. This partnership allows The Ross Center to maintain clinical independence and brand identity without sacrificing financial strength or stability. We are excited for them to be an important part of our rapidly expanding platform,”
Ezra Simmons and Robert April of Physician Growth Partners added: “The Ross Center is a nationally recognized group in outpatient behavioral health. We are grateful for the opportunity to represent them in this partnership with ARC. We knew we needed to help them find a partner that would enable continued growth by prioritizing patient care and clinical independence. We had to run fast and we were happy with the result. We believe that Thurston and ARC have a unique opportunity and are excited about TRC’s position as a cornerstone of their strategy. We are very optimistic about what these groups will accomplish together.”
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