Anesthesia Medical Group Looks to Expand with Investment from Excellere Partners

Denver-based private equity firm Excellere Partners has invested in PhyMed Management, a management services company to Nashville, Tenn.-based Anesthesia Medical Group, according to Herald Online.

AMG is one of the country's largest anesthesia service providers with more than 60 physicians and 200 CRNAs. Excellere is looking to strengthen the company's presence in Tennessee and other areas by acquiring other anesthesia practices and expanding its service offerings.

Together, AMG and Excellere will implement a "buy-and-build" strategy that includes infrastructure investments, organic growth initiatives, and strategic acquisitions.

Excellere pursues investments in the healthcare industry, as well as in specialty foods, industrial technology, business services and education training.

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