Sentinel Capital Partners, a private equity firm that invests in promising, lower middle market compa-nies, today announced its portfolio company National Spine & Pain Centers has acquired Capitol Spine & Pain Centers. Management teams from both companies partnered with Sentinel in the transac-tion. Terms of the deal were not disclosed.
The combined company is the nation’s leading provider of management services to physicians specia-lizing in interventional pain management procedures focused on relieving back and neck pain. Operat-ing in 22 facilities in Maryland, Virginia and the District of Columbia, affiliated physicians of National Spine & Pain Centers and Capitol Spine & Pain Centers treated more than 40,000 patients in 2011.
“Our two businesses are the leaders in providing advanced, minimally invasive treatment options for patients in the Mid-Atlantic region,” said Drs. Bobby Dey, Marc Loev and Les Zuckerman, co-founders of National Spine & Pain Centers. “Our two organizations have the same mission—to provide a comprehensive approach to the treatment of pain through the use of advanced, minimally invasive, interventional procedures. We also have highly compatible cultures, and look forward to working closely with Capitol Spine & Pain Centers’ talented management team to expand the breadth of our services and our presence throughout the Mid-Atlantic.”