Epix Healthcare Associates, the holding company of Epix Anesthesia, a national provider of anesthesia services to ambulatory surgery centers and community hospitals in 11 states, is partnering with Ashlar Capital, according to a news release.
Ashlar is a healthcare-focused private investment firm, with locations in New York City and Palo Alto, Calif.
Here are four things to know about the partnership.
1. Under the partnership, Ashlar has committed capital to pursue complementary acquisitions.
2. Officials said the partnership will allow Epix Healthcare Associates to bolster its investments in the technology, people and infrastructure.
3. "This investment will add to our financial strength, fuel new strategic initiatives, and ultimately is the logical next step in our continued growth as a company," Epix Healthcare Associates President and CEO Daryl Malachowski said in a prepared statement. "But just as important for us, Ashlar is a great cultural fit. Our dedication to strong values in corporate citizenship, clinical quality, ethics, safety and sustainability is highly valued and shared by the Ashlar team."
4. Scott Freishtat and Ian McKelvie of Ashlar will join Epix Healthcare Associates' board.
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