Orthopaedic & Neurosurgery Specialists, the leading provider of multi-specialty orthopedic and neurosurgery services in Connecticut and Westchester, announced today a growth capital investment from Kohlberg & Company, L.L.C., a leading private equity firm headquartered in New York. Kohlberg is partnering with ONS to continue expanding its extensive offering of clinical care capabilities and ancillary services while serving a broader base of patients in the Tri-State area.
ONS, headquartered in Greenwich, Connecticut, is a multi-specialty physician group with three locations in Greenwich, Stamford, and Harrison. The Company’s clinical offering covers a wide range of sub-specialties including orthopedic, sports medicine, joint replacement, neurosurgery, physiatry and ancillary services such as physical therapy and MRI. ONS partners operate an ambulatory surgery center and an urgent care center, providing the highest quality of care through a full continuum of care.
Seth Miller, MD, Co-Founder and Executive Committee member of ONS, remarked, “We are incredibly excited to partner with Kohlberg and to pursue the next chapter of the Company’s growth. Kohlberg brings extensive industry experience and financial resources with a proven track record of investing in leading healthcare services companies.” Mark Camel, MD, Co-Founder and Executive Committee member of ONS, stated, “We believe Kohlberg will be the ideal partner to help implement our plans for strategic growth and to expand our clinical model to better serve our patients today and going forward.”
“ONS is a clear market leader in orthopedic services with an unparalleled reputation for providing best-in-class patient care and delivering industry-leading clinical outcomes,” commented Robert A. Cucuel, Operating Partner of Kohlberg. “We are thrilled to partner with ONS, and we look forward to supporting ONS’ continued expansion as well as their unwavering commitment to delivering the highest-quality patient care.”
Lazard Middle Market served as financial advisor and Katten Muchin Rosenman served as legal counsel to ONS. Houlihan Lokey served as financial advisor and Ropes & Gray served as legal counsel to Kohlberg.
About Orthopaedic & Neurosurgery Specialists
ONS, headquartered in Greenwich, Connecticut, is a multi-specialty orthopedic and neurosurgery physician group with three locations in Greenwich, Stamford, and Harrison. The Company’s clinical offering covers a wide range of sub-specialties including orthopedic, sports medicine, joint replacement, neurosurgery, physiatry and ancillary services such as physical therapy and MRI. ONS partners operate an ambulatory surgery center and urgent care center.
For more information visit: www.onsmd.com.
About Kohlberg & Company, L.L.C.
Kohlberg & Company, LLC (“Kohlberg”) is a leading private equity firm headquartered in Mount Kisco, New York. Since its inception in 1987, Kohlberg has organized eight private equity funds, through which it has raised over $7.5 billion of committed equity capital. Over its 32-year history, Kohlberg has completed 76 platform investments and nearly 200 add-on acquisitions, with an aggregate transaction value of over $15 billion.
For more information visit: www.kohlberg.com.
