BLOOMFIELD, N.J. — New Jersey Urology (“NJU”), the arch urology account provider in New Jersey, and J.W. Childs Associates (“JWC”), a arch middle-market clandestine disinterestedness firm, accept formed Urology Administration Associates (“UMA”) that will accommodate authoritative casework to NJU. The enactment of UMA enables NJU to abide to focus on accouterment world-class urology casework while actual a physician-led organization. UMA affairs to accomplice with added urology groups to accommodate authoritative convenance administration casework initially in the greater New York city breadth with best ambit affairs to aggrandize nationally.
Recognizing the allowances of scale, NJU afresh alloyed with Delaware Valley Urology (‘DVU”) to become the arch provider of urology casework in New Jersey and the bigger single-specialty urology accumulation in the U.S. NJU provides complete urologic affliction and absolute abundant analysis for its patients, including men’s health, women’s bloom and blight care.
Dr. Lewis Gold and Dr. Mitchell Eisenberg, operating ally at JWC and above President and CEO of Sheridan Healthcare, respectively, will accompany the lath of UMA forth with Adam Suttin, Managing Partner, David Fiorentino, Accomplice and Jeff Miller, Principal. Dr. Gold commented, “We are actual aflame to coact with NJU to abide to advance and aggrandize a best-in-class urology convenance administration organization.”
Dr. Martin Goldstein, who was appointed President of NJU and Senior Vice President of Corporate Development and Acquisitions of UMA said, “We attending advanced to alive with J.W. Childs Associates on accretion business opportunities for UMA while advancement NJU’s medical convenance independence. JWC’s adeptness in managing all-embracing practices and UMA’s adeptness to handle the cogent authoritative accountability of NJU’s non-clinical operations will accredit NJU and its physicians to abide to focus on aerial affection analytic affliction to accommodated the demands of our patients.” Victor Houtz who has been the COO of NJU back 2009 has been called COO at UMA.
The Bloom Alignment adjourned on account of the NJU and DVU physicians. Mr. Henry Bloom, architect of The Bloom Organization, said, “Forming UMA anon afterwards the cleanup of the NJU and DVU alliance took an absurd accomplishment from all parties and I acclaim anybody involved. I accept represented physicians for the aftermost 30 years and I accept that the advance abeyant for physician casework is bigger now than I accept anytime seen. We begin a abundant accomplice in JWC and its operating executives. I am aflame to see this alignment assassinate on its advance action in the advancing years.”
J.W. Childs Associates is a Boston-based clandestine disinterestedness close focused on advance in middle-market advance companies. Back birth in 1995, JWC has invested $3.7 billion of disinterestedness basic in 50 companies beyond the healthcare, consumer, and specialty retail/e-commerce industries. The firm’s success has been congenital on its industry focus and the all-encompassing operating adeptness of its partners.
The Bloom Alignment (www.bloomllc.com) brash NJU on the transaction with DLA Piper LLP confined as its acknowledged counsel. McDermott Will & Emery LLP brash J.W. Childs.
J.W. Childs AssociatesPhilippe Schenk, [email protected]
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