Stellus Capital Management partnered with City National Bank to provide senior debt financing in support of Intuitive Health, a portfolio company of Altamont Capital Partners, on its acquisition of Premier ER & Urgent Care, a Texas-based hybrid emergency room and urgent care clinic with four locations in San Marcos, TX; Temple, TX; Waco, TX; and Woodway, TX.
The acquisition of Premier is Intuitive’s second acquisition since 2015. This partnership continues Intuitive’s hybrid ER and urgent care strategy that provides a consumer health-based location for both emergency and urgent care services. Intuitive Health will now operate 25 hybrid emergency and urgent care locations.
“Premier is a strong strategic fit for the Intuitive platform, expanding our facility footprint in Texas to capitalize on healthcare trends which support continued strong growth for hybrid ER and UC providers. We appreciate Stellus’ ability to provide a flexible financing structure and their continued support of Intuitive,” Casey Lynch, managing director at Altamont, said.
“We are excited to continue supporting Altamont and Intuitive’s ongoing initiatives to build a national hybrid ER/UC platform,” Adam Pollock, managing director at Stellus, said. “The Premier acquisition fits well with this overall strategy and overall service delivery model.”
The acquisition of Premier is Intuitive’s second acquisition since 2015. This partnership continues Intuitive’s hybrid ER and urgent care strategy that provides a consumer health-based location for both emergency and urgent care services. Intuitive Health will now operate 25 hybrid emergency and urgent care locations.
“Premier is a strong strategic fit for the Intuitive platform, expanding our facility footprint in Texas to capitalize on healthcare trends which support continued strong growth for hybrid ER and UC providers. We appreciate Stellus’ ability to provide a flexible financing structure and their continued support of Intuitive,” Casey Lynch, managing director at Altamont, said.
“We are excited to continue supporting Altamont and Intuitive’s ongoing initiatives to build a national hybrid ER/UC platform,” Adam Pollock, managing director at Stellus, said. “The Premier acquisition fits well with this overall strategy and overall service delivery model.”
