Ropes & Gray Advises US Acute Care Solutions in Buy Out of Minority Partner Welsh, Carson, Anderson & Stowe
Ropes & Gray advised US Acute Care Solutions (USACS) in a definitive agreement to buy out minority capital partner Welsh, Carson, Anderson & Stowe (WCAS). Financial terms were not disclosed. The transaction was announced on Feb. 9. The press release is here.
Following the transaction, USACS will be 90 percent owned by its physicians; several leading health systems will be minority owners as well. USACS is the national leader in physician-owned integrated acute care, including emergency medicine, hospitalist and critical care services.
The Ropes & Gray team that advised US Acute Care Solutions was led by private equity partner Anthony Norris (New York), and included tax partner Leo Arnaboldi III (New York), employment, executive compensation & benefits partner Alexandra Alperovich (New York), health care partner Timothy McCrystal (Boston), and private equity partners Steven Rutkovsky and Carl Marcellino (both of New York).