Generational Equity Announces the Partial Sale of the Revenue Management Division of Health Associates, Inc. to Healthcare Revenue Group, LLC
DALLAS, Dec. 19, 2013 /PRNewswire/ -- Generational Equity, a leading mergers and acquisitions advisor for privately-held, middle-market businesses, is pleased to announce the partial acquisition of the Revenue Management Division of its client, Health Associates, Inc., by Healthcare Revenue Group, LLC, headquartered in Kansas City, Kansas. The transaction was completed on September 16, 2013.
Founded in 1999, Health Associates develops tools to support the practices of healthcare providers. The Company generates 100% of its business from referrals. Health Associates used earnings in 2001 to reinvest in the company and expand its resources, serving as a management service organization (MSO) for select clinical practices. The firm utilizes its resources, internal expertise, and collective experience to impact a healthcare provider's clinical practice revenues. For more information, visit www.healthassociates.org.
Managing Director, Terry Mackin and Vice President, Kyle Coe, led the Generational Equity deal team that advised Health Associates, Inc., on the transaction. "Even with all of the changes currently affecting the healthcare sector, it still continues to be a successful market for our firm," said Mackin. "Healthcare Associates is a very well run business in a unique market space that garnered the level of buyer interest you would expect from a business with such important services in its market segment."
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their companies successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, has more than 200 professionals in North America, and was recently recognized by the M&A Advisor as the M&A Consulting/Advisory service firm of the year. For more information visit the following websites at www.genequityco.com, www.gecpress.com or http://blog.genequityco.com/.
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