Allergy & ENT Associates (“Allergy & ENT” or the “Company”) is pleased to announce its partnership with The Beekman Group (“Beekman”), a New York-based private equity firm dedicated to accelerating growth in the lower middle market. companies. Beekman’s investment in the company’s subsidiary, Allergy & ENT Management Holdings, LLC, creates a Management Services Organization (“MSO”) supporting a network of sixteen allergy, asthma and ear clinics, nose and throat (“ENT”) in Houston, Texas.
Founded in 1957, Allergy & ENT is the largest multi-specialty allergy, asthma and ENT group practice in the Houston area with sixteen locations. Allergy & ENT specializes in the diagnosis and treatment of allergies, asthma and sinus diseases.
Enrique Quintero, MD, CEO of Allergy & ENT, said: “We are delighted to partner with Beekman and look forward to working together to continue to provide the highest quality care to our patients and to use their resources to accelerate our growth and facilitate expansion across Texas and nearby markets. Beekman and his directors have significant experience in managing medical practice, which will prove invaluable as we develop the platform. ”
Andrew Marolda, CEO of Beekman, said: “Beekman looks forward to working alongside Dr Enrique Quintero and his fellow Allergy and ENT physician shareholders as they continue to implement their vision for growth. We are impressed with the Company’s clinical quality, reputation among patients, payers and referral providers, and their impressive and long-standing history in Houston. Success.”
Allergy & ENT is the fourth platform investment for Beekman Investment Partners IV, LP and the first allergy and ENT platform for The Beekman Group. Truist Securities, Inc. has been the exclusive financial advisor to Allergy & ENT. David Keys, Javier Davila and Thomas Collier were the transaction team of Truist Securities, Inc. advising Allergy & ENT on the transaction.
About the Beekman group
The Beekman Group is a New York-based private equity firm focused on building industry-leading companies in the healthcare, consumer and business services sectors. The company partners with leadership teams who want to be significant owners and create meaningful value by accelerating organic growth and acquisition initiatives. Beekman manages $ 1 billion in assets and has completed more than 130 transactions since its inception. For more information, please visit www.thebeekmangroup.com.
About Allergy & ORL Associates
Allergy & ENT is the largest allergy, immunology, asthma, audiology, and ear, nose and throat (“ENT”) multi-specialty group practice in the Houston area with sixteen locations. Allergy & ENT has provided Texas residents with the highest quality care since its founding in 1957. To learn more about Allergy & ENT, please visit: https://www.aentassociates.com/.