Boston, MA – Capstone Partners LLC, a leading investment banking firm, announced that it has successfully advised Lutz Surgical Partners in its recapitalization by a confidential private equity partner, the terms of the deal were not disclosed.
Lutz Surgical Partners is a leading Surgicalist practice in the Florida and Arizona markets. Lutz’s surgeons provide specialized outsourced surgical services to hospitals through a unique staffing model, fundamentally delivering exclusive ER call coverage on a contract basis. Lutz has experienced extraordinary growth over the past five years and the principal shareholder, Dr. Mit Desai, decided to secure a private equity partner to help capture and manage the expansive growth opportunities. As a result of the transaction, Lutz will be rolling-out its rapid growth, highly profitable business model to new geographies throughout the United States.