Buyouts, a digital and print news platform targeting professionals in private capital, highlights private equity firm Brockway Moran & Partners’ sale of MD Now to Brentwood Associates. The Florida-based private equity firm will generate more than a four-fold return on its investments.
MD Now was enthusiastically received by potential purchasers due to its market leading presence and strong historical performance, leading to an excellent investment outcome.
Middle-market PE shop Brentwood Associates acquired the South-Florida-concentrated urgent care network, the private equity firms said Aug. 2. Sponsors viewed MD Now as a compelling opportunity for various reasons, including its strong regional density, sources said.