Physician Growth Partners advises Urology Associates LLC in partnership with Solaris Health Partners, a subsidiary of Lee Equity

Physician Growth Partners advises Urology Associates LLC in partnership with Solaris Health Partners, a subsidiary of Lee Equity

CHICAGO, September 13, 2022 (GLOBE NEWSWIRE) – Physician Growth Partners (“PGP”) is pleased to advise Urology Associates, LLC (“Urology Associates”), in its recent partnership with Solaris Health Partners (“Solaris”), a A private equity-backed urology platform and portfolio company affiliated with Lee Equity. As part of this transaction, Urology Associates will become a division of the Urology Group (“TUG”) and will accelerate Solaris’ ongoing expansion into the Midwest market.

The Urological Association is led by four physician contributors –

  • Dr.. David Hall

  • Dr. Onisoro Okote

  • Dr. Geoffrey Ulrich

  • Dr. Robert Williams

They were joined by Chief Operating Officer, Dee Roudebush. With four major clinical locations throughout central Indiana, Urology Associates has established itself as the region’s premier private urology practice. While capitalizing on the existing operating basis, Urology Associates is well positioned for the next chapter of growth with this transaction.

Solaris will build on the strong foundation that the Urology Associates team has built with continued geographic expansion, hiring additional urologists, and research on acquisition opportunities and other growth initiatives throughout the state of Indiana.

PGP acted as an exclusive advisor to Urology Associates throughout the transaction process – this included developing a brief overview of the finances and operations of the practice, creating a marketing package to highlight core strengths and growth opportunities to potential buyers, and negotiating the terms of the final transaction.

Dr. Okotie of Urology Associates said, “Robert April and PGP have been very important in helping our practice to close private equity deals. They have perfected the process and simplified it to the point that it feels easy. They have done the heavy lifting behind the scenes so our practice is focused on finding the best It suits our group. Their well-established private equity connections have been invaluable. It would be a mistake to use anyone other than PGP.”

Director of Operations Dee Roudebush added, “The PGP team was fantastic to work with and kept the plan on mission. We wouldn’t have done it without them. Their hard work, diligence, expertise and experience in private equity transactions ensured the highest return on the project. Thanks to Robert, Jay and Chris for making this happen.”

Robert April, Managing Director of PGP, said, “The Urology Foundation is the dominant practice in urology in its primary market. The partnership with The Urology Group and Solaris Health will provide additional scope and support, enabling the practice to continue to provide the best medical care to patients. I am excited to see how Urology Associates can grow by recruiting additional providers, developing new services, and leveraging operational support from The Urology Group.”

About Doctor Growth Partners
Physician Growth Partners is one of the most active national healthcare advisory firms dedicated to representing physician platforms in private equity transactions. PGP creates value by providing operational support, strategic positioning, transaction advisory, and delivering the best results to its clients. For more information about Physician Growth Partners, please visit www.physiciangrowthpartners.com.

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CONTACT: or contact us at press@physiciangrowthpartners.com

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