M&A Deal Summary

Urgent Care Group Acquires ParkMed Urgent Care

On July 18, 2023, Urgent Care Group acquired healthcare services company ParkMed Urgent Care

Acquisition Highlights
  • This is Urgent Care Group’s 5th transaction in the Healthcare Services sector.
  • This is Urgent Care Group’s 5th transaction in the United States.
  • This is Urgent Care Group’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2023-07-18
Target ParkMed Urgent Care
Sector Healthcare Services
Buyer(s) Urgent Care Group
Deal Type Add-on Acquisition

Target

ParkMed Urgent Care

Alcoa, Tennessee, United States
ParkMed Urgent Care is providing urgent care, preventative care, and occupational health services to the greater Knoxville and Blount County communities. ParkMed Urgent Care was founded in 1989 and is based in Alcoa, Tennessee.

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Buyer(S) 1

Buyer

Urgent Care Group

Brentwood, Tennessee, United States

Category Company
Founded 2017
Sector Healthcare Services
DESCRIPTION

Urgent Care Group is focused on taking care of patients by providing affordable and accessible care to help them Get Better. Faster! The Urgent Care Group Network includes 24 centers operating as three brands: Medac Urgent Care in North Carolina, MEDcare Urgent Care in South Carolina, and Health Choice Urgent Care in partnership with Northside Hospital in Georgia. Urgent Care Group was founded in 2017 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 5 of 5
Sector: Healthcare Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
State: Tennessee M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-08 Coastal Urgent Care

Pawleys Island, South Carolina, United States

Coastal Urgent Care is a provider of urgent care and family health care services to patients throughout Georgetown County. Coastal Urgent Care was founded in 2008 and is based in Pawleys Island, South Carolina.

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