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Private equity group acquires 14 freestanding ERs in Texas

Atlus Community Healthcare, a portfolio company of private equity firm ZT Corporate, acquired Exceptional Emergency Center, a system of 14 emergency rooms across Texas.

The acquisition makes Altus Community Healthcare the largest operator of freestanding ERs in Texas, with 30 in its portfolio, according to a June 16 ZT Corporate news release.

"With our expanded resources and economies of scale, ZT Corporate is ready to take an even larger role in driving momentum for innovation and growth within the healthcare sector," ZT Corporate CEO and Chair Taseer Badar said.

The financial terms of the transaction were not disclosed.

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