Private Equity

Partners not Employers. Elite Operators. Market Leading Returns.

Aspire Physician Solutions seeks control and minority investments in healthcare services, with particular focus on physician practices and other provider controlled, or provider centric, entities.  We focus on companies in resilient end-markets that are propelled by secular tailwinds; businesses in which long-term economic trends are expected to support continued growth.  Control investments are made through our sister firm Albaron Partners.

We partner with entrepreneurial management and physicians teams that have discerned the strategic advantage of collaborating with a proven financial partner with a collaborative approach that exclusively specializes in the physician practice space.

Aspire’s value-added, strategically focused, results driven approach always keeps the highest possible quality of care and achievement of superlative clinical outcomes at the forefront, while in parallel building exceptionally material value for all stakeholders.  

The Aspire Physician Solutions Approach

Our success is the result of a unique integration of disciplines; Aspire melds decades of experience partnering with physician and management teams to build successful clinical centers of excellence in varied specialties, with healthcare investing expertise, vision, discipline and focus sharply honed at some of the largest, most successful financial services companies in the world.

Our multi-disciplinary approach engenders a true spirit of partnership that allows us to build long-term relationships with a shared vision across all constituencies, functions and geographies. We work collaboratively with our physician partners and management teams to accelerate growth and create long-term value by allocating resources to where they create the most impact, and we are willing to invest substantial capital in strategic initiatives that drive lasting value.

Aspire only partners with a select few practices per year, and accordingly, we bring all of our skills, experience, and expertise to bear on each of our investments.

Why Aspire Physician Solutions

Aspire has no interest in investing in employees; we seek to invest exclusively with partners. Our partnerships are structured to afford far more favorable levels of independence, participatory governance and financial upside to physician and management teams than any other private equity model in the market. What follows are a few representative answers to the question, “Why Aspire?”   

Physicians retain full control over clinical/patient care modalities, issues, and decisions.

Our expert team is focused exclusively on physician practices and other provider centric entities, and has a long history of leading and growing best-in-class healthcare services organizations.

Every partnership is important to us. We make a limited number of investments each year, allowing us to realize each company’s potential through tailored initiatives specific to their goals.

Partnership guides our actions in all aspects of business. We share significant economic ownership with our physician and management partners in the form of precisely equal, pari passu equity.

Our team has executed 25+ investments together, each yielding top-quartile performance and resulting in significant capital appreciation for our partners and investors.

Our physician partners realize a substantial liquidity event at closing, but generational wealth is generated by the “second bite of the apple” – being able to participate in the proceeds from the sale of the much larger practice we collaboratively build. The physicians we partner with are encouraged to retain substantial interest in our partnership post-transaction, thus enabling them to realize an additional and substantial liquidity event once the business has scaled into a market leader.

Aspire Physician Solutions Investment Criteria

Aspire looks primarily for partnering opportunities with practices and provider-centric healthcare companies that fall into two broad-brush categories.

Through our industry exclusive Private Equity Incubation Initiative® Aspire will consider partnering with practices that have strong growth potential and entrepreneurial, motivated, fully engaged clinical teams. There is no pre-set size requirement to participate in our Private Equity Incubation Initiative®, as all interested practices are evaluated on a case-by-case basis.

Aspire actively seeks partnering opportunities with practices or provider-centric healthcare companies that generate a minimum of $2 Million in annual Adjusted EBITDA. Outside of our industry exclusive Aspire Private Equity Incubation Initiative®, Aspire’s general investment criteria are:

01
North American Healthcare Companies
02
$2 – $10 Million EBITDA
03
Attractive Market Positioning and Superior Clinical Team
04
Secular Tailwinds and Resilient End Markets; Businesses in which Long-Term Economic Trends are Expected to Support Continued Growth
05
Entrepreneurial Founders Looking for a Financial and Strategic Partner
06
Strong Economic and Structural Alignment with Owners