Sunday, June 20, 2021

Unified Women’s Healthcare and CCRM Fertility Establish Strategic Partnership | Business

BOCA RATON, Fla. & DENVER – (BUSINESS WIRE) – Aug. June 2021–

Unified Women’s Healthcare (“Unified”), a leading practice management platform in women’s health, supported by Altas Partners (“Altas”), funds owned by the private equity group of Ares Management Corporation (“Ares”) and Oak HC / FT , today announced the completion of a definitive partnership with CCRM Fertility (“CCRM”), a global pioneer in fertility treatment, research and science. As part of the transaction, CCRM founder Dr. William Schoolcraft Medical Director and Jon Pardew President and CEO. In addition, TA Associates, a strategic investor at CCRM since 2015, will leave its stake in the company. Financial terms were not disclosed.

CCRM has built a network of leading fertility clinics that provide patients with quality care and access to award-winning doctors, a full range of services, innovative technology and state-of-the-art laboratories. CCRM was founded in 1987 by Dr. Schoolcraft and uses proprietary data and a dedicated team of in-house reproductive endocrinologists, embryologists and geneticists to produce industry-leading results. CCRM has 11 in vitro fertilization (IVF) laboratories and 26 locations in North America that are supported by more than 40 doctors, 22 graduate students, and 560 employees. The CCRM network offers exceptional convenience through a variety of treatments, from basic infertility treatment to advanced IVF.

“The addition of CCRM’s clinically integrated fertility services platform marks the beginning of an exciting new chapter for Unified,” said Bob LaGalia, President and CEO of Unified. “CCRM has become the gold standard in fertility care and treatment through collaboration with experienced physicians and investments in research and development. Since its inception, CCRM has driven significant research breakthroughs in IVF and achieved industry-leading success rates to meet the growing need for fertility services. We look forward to working with CCRM to help even more doctors and patients across the spectrum of women’s health care. “

“We are excited to be working with Unified, a company that fundamentally changed the way we care for women and shares our strong commitment to helping doctors deliver world-class patient care,” said Dr. William Schoolcraft, Founder and Medical Director of CCRM. “As part of Unified’s diversified healthcare platform, we will advance our mission to provide innovative solutions and treatments that help build families. We look forward to working with the exceptional team at Unified as we continue to provide the highest level of patient care. “

The partnership, which is expected to close in July, is subject to regulatory approvals and other customary closing conditions.

About Unified Women’s Healthcare

Founded in 2009, Unified Women’s Healthcare is the largest gynecological practice management company serving more than 1,900 providers in 13 states and the District of Columbia. Unified remains an indispensable source of business knowledge, innovation, and support to empower physicians to make the greatest contribution to transforming women’s health care for their patients. More information is available at www.unifiedwomenshealthcare.com.

About CCRM fertility

CCRM (Colorado Center for Reproductive Medicine) Fertility was founded in 1987 by Dr. William Schoolcraft and is the nation’s leading network in fertility care and research. CCRM Fertility’s network of medical specialists, in coordination with its embryologists and geneticists, coordinates the provision of the most advanced fertility treatments with extensive expertise in in vitro fertilization (IVF), fertility assessment, fertility maintenance, genetic testing, third party reproduction and egg donation. Unlike many other fertility laboratories who outsource their specialists and testing needs, CCRM Fertility uses its own data as well as a dedicated team of in-house reproductive endocrinologists, embryologists and geneticists to produce industry-leading results. CCRM Fertility has built a network of 11 fertility centers, including 26 offices across North America, serving prospective parents in major metropolitan areas including Atlanta, Boston, Dallas, Denver, Houston, New York, Northern Virginia, Minneapolis, Orange County, San Francisco Bay Area and Toronto. More information is available at www.ccrmivf.com.

About Alta’s partners

Altas Partners is a long-term investment company focused on acquiring significant stakes in high quality, market leading companies in partnership with outstanding management teams. Key elements of our approach are responsible capital structures, active personal responsibility through strategic and operational support and the emphasis on sustainable value creation. We strive to deliver excellent investment returns to our investment partners. Altas invests on behalf of foundations, trusts, public pension funds and other institutional investors.

More information is available at www.altas.com.

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager providing complementary primary and secondary investment solutions to clients in the credit, private equity, real estate and infrastructure asset classes. We strive to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By working together across our investment groups, we aim to achieve consistent and attractive investment returns across all market cycles. As of March 31, 2021, including the acquisition of Landmark Partners that was completed on June 2, 2021, Ares Management’s global platform had approximately $ 227 billion in assets under management with more than 1,600 employees based in North America, Europe, in the Asia-Pacific and Middle East were active. More information is available at www.aresmgmt.com. Follow Ares on Twitter @ Ares — Management.

About TA Associates

TA is a leading global growing private equity firm. Focusing on select sectors in five industries – technology, healthcare, financial services, consumer and business services – the company invests in profitable, growing companies with opportunities for sustainable growth and has invested in more than 535 companies worldwide. Investing as either a majority or minority investor, TA takes a long-term approach and uses its strategic resources to help management teams create lasting value in high quality growth companies. TA has raised $ 47.5 billion in capital since its inception in 1968 and is committed to over $ 3 billion in new investments annually. The firm’s more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA can be found at www.ta.com.

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CONTACT: For CCRM:

Constance Rapson, +1 (302) 438-8037

constance@ccrmivf.com For uniform women’s health care:

Heather Schueppert, +1 (832) 628-6210

heather.schueppert@unifiedhc.com For registrations:

Sard Verbinnen & Co

Julie Rudnick / Kevin Siegel

altas-svc@sardverb.com For Ares:

Bill Mendel, +1 (212) 397-1030

bill@mendelcommunications.com Carl Drake, +1 (800) 340-6597

cdrake@aresmgmt.comPriscila Roney, +1 (212) 808-1185

proney@aresmgmt.com For TA staff:

Marcia O’Carroll, +1 (617) 574-6796

mocarroll@ta.comBackBay Communications

Phil Nunes, + (617) 391-0792

phil.nunes@backbaycommunications.com

KEYWORD: FLORIDA COLORADO UNITED STATES NORTH AMERICA

INDUSTRY KEY: GENERAL HEALTH FINANCE HEALTH PROFESSIONAL SERVICES PRACTICE MANAGEMENT

SOURCE: Altas Partners

Copyright Business Wire 2021.

PUB: 06/18/2021 8:15 am / DISC: 06/18/2021 8:17 am

http://www.businesswire.com/news/home/20210618005302/en



source https://dailyhealthynews.ca/unified-womens-healthcare-and-ccrm-fertility-establish-strategic-partnership-business/

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