Clearview Capital Fund IV, L.P. and its affiliates (“Fund IV”) announced the partnership with Reliant Immediate Care Medical Group, Inc. (“Reliant”) by its portfolio company MBI Industrial Medicine, Inc. (“MBI” or “the Company”).
Reliant is a highly-regarded provider of occupational healthcare services in Southern California, operating five clinics in the Greater Los Angeles area including its flagship location adjacent to LAX International Airport. Reliant was founded in 2006 by Dr. Max Lebow, MD who will remain in his current role as Medical Director and owner of Reliant.
MBI is a leading provider of occupational injury care services in the Southwestern U.S with 28 clinics in Arizona, Colorado and California. The Company serves a diverse base of employers through its integrated care model, which includes medical injury care and physical therapy rehabilitation, in addition to employment physical exams, testing and screening. Clearview Capital partnered with MBI’s management to recapitalize the business in December 2020.
“We’re very excited to partner with Dr. Lebow and the Reliant team,” said Brian O’Hayre, MBI’s CEO. “Like MBI, their mission is to provide best-in class, dedicated injury care services to employers and their workers, and we look forward to helping them grow.”
“Brian and his team were looking for a partner who could help MBI expand its business model by partnering with like-minded providers in other states,” added Matt Rumilly, Partner of Clearview Capital. “We’ve now helped MBI establish a robust platform in two new states and will continue to explore opportunities for expansion in existing and new geographies.”
MBI is seeking additional opportunities to partner with occupational healthcare services providers. Please contact members of Clearview Capital’s sourcing team with opportunities.
MBI is a platform investment in Fund IV, a $550 million committed fund raised in 2018.
In 2023, the M&A market for healthcare companies continues to build on STRATEGIC opportunities in the current market. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
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