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US Foot & Ankle Specialists Expands Presence in Pennsylvania with the Acquisition of Harrisburg Foot & Ankle Center

November 5, 2019

NEW YORK--(BUSINESS WIRE)--Nov 5, 2019--

US Foot & Ankle Specialists, LLC (“USFAS”), a portfolio company of NMS Capital, announced today that it has acquired Harrisburg Foot & Ankle Center. Headquartered in Harrisburg, Pennsylvania, Harrisburg Foot & Ankle Center has been providing podiatric care through its three locations in Harrisburg, Mechanicsburg and Newport, Pennsylvania since 1995. Dr. Allan Grossman will continue leading the practice with the additional support of USFAS.

“We are very excited to partner with Dr. Allan Grossman and his practice. He and his team have built a great clinical reputation for themselves over the past twenty-four years, and we look forward to having them be a part of the USFAS family as we expand our footprint in Pennsylvania. Our partnership with NMS allows us to continue executing on our stated strategy of partnering with like-minded practices in our existing and adjacent geographies. Our strength and success come from dedicated physician leadership and clinical support staff, who are focused on providing patients with quality care and achieving successful outcomes,” said Brett Richey, Chief Executive Officer of USFAS.

Dr. Allan Grossman added, “I am proud to partner with a leading podiatry platform such as USFAS. The partnership will offer our patients greater support as we experience our next phase of growth. In addition to continuing to receive personal podiatry care from our local podiatrists who place a high value on patient satisfaction and quality care, our patients will benefit from the array of functional support USFAS has to offer them.”

Harrisburg Foot & Ankle Center will maintain its three locations in Harrisburg, Mechanicsburg and Newport, Pennsylvania and continue providing complete podiatry care while benefitting from USFAS’s extensive administrative and support services, including investments in clinical compliance, information technology, electronic medical records, revenue cycle management, payor credentialing and contracting, finance and accounting, human resources and business development.

About US Foot & Ankle Specialists

USFAS is a leading provider of podiatric services providing a full range of specialty services for the advanced treatment of foot and lower extremity conditions through Board Certified and Board Qualified podiatrists. Headquartered in Charlottesville, Virginia, USFAS provides services through a growing network of nearly 40 offices in states including Maryland, Virginia, Pennsylvania, North Carolina and Washington, D.C. and over 60 Board Certified podiatrists.

For additional information on USFAS, visit the company’s website at www.footandankle-usa.com.

About NMS Capital

NMS Capital is a New York headquartered private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. The firm was formed through the spin-out of a group of portfolio companies from the Goldman Sachs Merchant Banking Division. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends with particular concentration on companies in Healthcare Services and Specialized Business Services.

For additional information on NMS, visit the firm’s website at www.nms-capital.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191105005377/en/

CONTACT: Debbie Richey

Executive Vice President

US Foot & Ankle Specialists

(434) 975-0315

www.footandankle-usa.com David M. Peterson

Managing Director

NMS Capital

(212) 574-7006

www.nms-capital.com

KEYWORD: PENNSYLVANIA NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: GENERAL HEALTH SURGERY HEALTH RADIOLOGY PHYSICAL THERAPY

SOURCE: US Foot & Ankle Specialists, LLC

Copyright Business Wire 2019.

PUB: 11/05/2019 09:18 AM/DISC: 11/05/2019 09:18 AM

http://www.businesswire.com/news/home/20191105005377/en