TeamHealth Buys Summit Portfolio Company

TeamHealth, a Knoxville, Tenn.-based provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers, has acquired Anesthetix Management LLC, a Palm Beach Gardens, Fla.-based provider of anesthesiology and pain management services. No financial terms were disclosed. TeamHealth is owned by The Blackstone Group, and is in registration for a $100 million IPO. Anesthetix Management raised private equity funding in 2006 from Summit Partners.

11 January 2010•2 mins read
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