SUNRISE, Fla.--(BUSINESS WIRE)--Sheridan, the leading national anesthesia services provider in the United States, today announced the acquisition of Medical Anesthesia Consultants Medical Group, Inc. (MAC), a premier perioperative care provider in Northern California and one of the largest independent anesthesia group practices in the country. The practice, which was acquired by one of the company’s affiliated professional entities, is the first California-based anesthesiology practice to join Sheridan.
“MAC has an excellent reputation and shares the same values we have for clinical excellence, exceptional quality and perioperative leadership,” says John Carlyle, Chief Executive Officer at Sheridan. “Strategically, MAC provides a platform that will accelerate our expansion in the California marketplace,” added Carlyle.
Established in 1985 and based in San Ramon, California, MAC is comprised of over 100 highly regarded anesthesiologists and currently serves 28 clinical sites, including 5 hospitals and 23 ambulatory surgery centers.
“While MAC has been extremely successful advancing clinical excellence, Sheridan brings the expertise and resources we need to face the challenges in this rapidly changing healthcare environment. This relationship will provide MAC the infrastructure necessary to support the continued growth and development of our successful practice and offer our physicians the opportunity to collaborate with a national leader in anesthesia care,” says David Fitzgerald, M.D., President of MAC. “Sheridan’s management team is an exceptional long-term partner with an impressive dedication to physician support.”
Jefferies LLC served as the exclusive financial advisor to MAC. MAC was also represented on this transaction by a team at Reed Smith led by Catharina Min, Managing Partner of the Silicon Valley Office and Philip Goldberg of Hassard Bonnigton LLP.
Sheridan (sheridanhealthcare.com) is a national hospital-based, multispecialty physician services company that provides anesthesiology, radiology, emergency medicine, neonatology and other pediatric subspecialties. Established in 1953, Sheridan, its subsidiaries and affiliates currently operate in 25 states and employ more than 2,500 providers. Sheridan’s anesthesiology division, with more than 1,800 anesthesia providers in 175 programs and performing more than 900,000 anesthetics annually, is the leading anesthesia services provider in the country. In addition to physician and allied health services, Sheridan also provides support, training and management in non-clinical areas. Sheridan is recognized by the National Committee for Quality Assurance as a certified physician organization.
About Medical Anesthesia Consultants Group, Inc.
Medical Anesthesia Consultants Medical Group, Inc. (macmgi.com) is the premier perioperative care provider in Northern California. It specializes in general, intravenous, sedation, cardiac, neurosurgical, obstetric, orthopedic, pediatric, plastic surgery, trauma, and gastrointestinal anesthesia. The company also provides diagnostic and therapeutic services. It serves hospitals, medical centers, surgery centers, and physicians’ offices in California. The company was founded in 1985 and is based in San Ramon, California. It has operations in Alameda, Contra Costa, Marin, San Mateo and San Francisco counties.
Ladd MacDonald, Vice President of Anesthesia Operations, Western Region
(Former C.E.O. MACMGI)
Sheridan Healthcare, Inc.