MD Now Welcomes Growth Capital Investment
MD NOW MEDICAL CENTERS WELCOMES GROWTH CAPITAL INVESTMENT
Brockway Moran & Partners, Inc. invests in leading Urgent Care business
West Palm Beach, FL- April 3, 2012 – MD Now Medical Centers, Inc. (MD Now) of West Palm Beach, Florida, a leading provider of urgent care medical services, announced today a growth capital investment from a private equity partner, Brockway Moran & Partners, Inc. (Brockway Moran & Partners), to position itself for continued growth.
Founded in 2004, MD Now operates multiple full-service, walk-in urgent care facilities, providing urgent care, extended hours primary care, occupational medicine and comprehensive healthcare services through a high acuity delivery model. The Company offers a patient-friendly and differentiated healthcare alternative by providing high-quality, convenient, timely and affordable medical treatment for non-life threatening injuries and illnesses. MD Now Urgent Care’s state-of-the-art medical centers are open 12 hours a day, seven days a week, accept most types of insurance and are always staffed by an on-site, licensed physician supported by a full medical team.
Brockway Moran & Partners is a private equity firm with more than $1.3 billion of capital under management. The firm invests in growth-oriented middle market companies in partnership with exceptional management teams. Brockway Moran & Partners focuses on businesses with significant growth opportunities either through internal expansion, industry consolidation or innovative business strategies. The principals of the firm have a record of productively working with management teams to build companies into larger and more diverse enterprises. Brockway Moran & Partners invests in a broad spectrum of industries with significant experience in consumer, industrial and service businesses. Since 1998, the firm has completed over 70 acquisitions.