Healthcare

Advancing strategic initiatives
for healthier outcomes

The healthcare industry is characterized by a perpetual state of evolution and opportunity. Influencing factors include consequential shifts in demographics, a rapidly changing regulatory backdrop, rigorous data security mandates and constant cost containment challenges.

With deep industry knowledge and a strong track record of transactional success, GulfStar’s practiced guidance enables our clients in the healthcare industry to convert ambitious goals into reality.

Sub-sectors include:

  • Alternative Site Care & Outpatient Centers
  • Behavioral Health
  • Diagnostic Imaging Centers
  • Independent Hospitals & Surgery Centers
  • Medical Supplies & Product Distribution
  • Medical/Laboratory Services
  • Medical Waste Services
  • Multi-Site Healthcare IT & Clinical Systems
  • Pharmaceutical & Medical Device Products
  • Physician Practice Management Groups
  • Revenue Cycle/Billing Solutions

Related Transactions

has completed a private placement of common membership units

$4,000,000

Industry
Environmental & Sustainability
Business Services
Healthcare
Services
Raising Capital

Paragon Southwest Medical Waste (PSMW), which completed its second round of financing in November 2019, utilizes its patented CoronaLux™ technology to thermally destroy certain types of medical waste. This new financing will increase the capacity of PSMW’s facility in Anahuac, Texas by over 100%, allowing the Company to meet the high demand for its services. The CoronaLux™ system employs a low-energy, plasma-enhanced, pyrolytic process to safely and reliably destroy hazardous, chemical, biological, pharmaceutical and regulated medical waste. It also significantly reduces harmful emissions associated with high-temperature thermal processes such as incineration and conventional hot plasma incineration. The result is a more efficient and sustainable destruction process, which is much cleaner, safer and environmentally friendly.

along with other investors

have formed and invested in

Paragon Southwest Medical Waste

Industry
Environmental & Sustainability
Business Services
Healthcare
Services
Mergers & Acquisitions
Buy-Side Advisory

Paragon Southwest Medical Waste (PSMW) was formed through a joint venture agreement between Paragon Waste Solutions (PWS) and Gulfwest Waste Solutions (GWS) combined with an equity investment from an investment group. PSMW’s permitted medical waste facility in Texas uses Paragon’s patented CoronaLux™ system. This system employs a low-energy, plasma-enhanced pyrolytic process to safely and reliably destroy hazardous, chemical, biological, pharmaceutical and regulated medical waste. The CoronaLux™ system significantly reduces harmful emissions associated with high-temperature thermal processes such as incineration and conventional hot plasma incineration. The result is a more efficient and sustainable destruction process, which is much cleaner, safer and environmentally friendly.

has sold its health savings account business to

Industry
Software & Tech-Enabled Services
Healthcare
Services
Mergers & Acquisitions

Tango Health is a leading software and services company focused on supporting organizations to deliver a better benefits experience since 2008. Tango Health’s flexible solutions include decision support, benefits engagement, benefits communications, virtual open enrollment, and full-service ACA compliance and reporting.

has completed a minority recapitalization with

Industry
Healthcare
Services
Mergers & Acquisitions

CCSC was founded in 2011 by Tom Lavin, MD, Chad Millet, MD and Najeeb Thomas, MD. The Company operates a full-service surgical hospital located in Metairie, Louisiana, a suburb of New Orleans. CCSC is owned by a group of distinguished, nationally-recognized physicians and offers a number of surgical specialties: bariatrics, neurosurgery, orthopaedics including total knee and hip replacements, women’s health, urology, otolaryngology, plastic surgery, general surgery, and pain management.

a partnership formed by
has issued Class A limited partnership interests

$30,000,000

Industry
Healthcare
Services
Advisory Services

Gepirone is a developer of pharmaceutical products.

has been acquired by

Industry
Healthcare
Services
Mergers & Acquisitions

Obstetrical and Gynecological (OBGYN) Associates, P.A. is a provider of a full range of healthcare services for women. Affiliated with the Women’s Hospital of Texas, OBGYN Associates’ more than 15 physicians have provided obstetrics and gynecology services for more than 50 years to the greater Houston community. GulfStar assisted the doctors who owned OBGYN Associates in its sale to FemPartners, a specialty management company for women’s health that was owned by private equity. FemPartners was later sold to Privia Medical Group.

has acquired

Dental Consulting Services, Inc.

Industry
Healthcare
Services
Mergers & Acquisitions
Buy-Side Advisory

Formed in 1981 by Chairman Jack Castle Jr. and his father, Houston dentist Dr. Jack Castle, Castle Dental has grown into a major provider of dental practice management services to a wide variety of dental practices.

has received

Financial Advisory Services

$37,375,000

Industry
Healthcare
Services
Advisory Services

Formed in 1981 by Chairman Jack Castle Jr. and his father, Houston dentist Dr. Jack Castle, Castle Dental has grown into a major provider of dental practice management services to a wide variety of dental practices.

has received

Financial Advisory Services

Industry
Healthcare
Services
Advisory Services

Formed in 1981 by Chairman Jack Castle Jr. and his father, Houston dentist Dr. Jack Castle, Castle Dental has grown into a major provider of dental practice management services to a wide variety of dental practices.

has acquired

Horizon Dental Centers

Industry
Healthcare
Services
Mergers & Acquisitions
Buy-Side Advisory

Formed in 1981 by Chairman Jack Castle Jr. and his father, Houston dentist Dr. Jack Castle, Castle Dental has grown into a major provider of dental practice management services to a wide variety of dental practices.

has been acquired by

Physicians Resource Group, Inc.

Industry
Healthcare
Services
Mergers & Acquisitions

Houston Eye Associates is the largest ophthalmology practice in the United States with multiple businesses in Houston. Houston Eye provides a full range of leading edge ophthalmology services through its more than 25 associated physicians. GulfStar assisted Houston Eye’s doctors in completing a majority recapitalization with Physicians Resource Group, which was a national consolidator of ophthalmology practices. Houston Eye eventually repurchased the business.

has acquired

1st Dental Care, P.A.

Industry
Healthcare
Services
Mergers & Acquisitions
Buy-Side Advisory

Formed in 1981 by Chairman Jack Castle Jr. and his father, Houston dentist Dr. Jack Castle, Castle Dental has grown into a major provider of dental practice management services to a wide variety of dental practices.

has acquired

Mid-South Dental Centers, P.C.

Industry
Healthcare
Services
Mergers & Acquisitions
Buy-Side Advisory

Formed in 1981 by Chairman Jack Castle Jr. and his father, Houston dentist Dr. Jack Castle, Castle Dental has grown into a major provider of dental practice management services to a wide variety of dental practices.

has completed an acquisition and working capital financing

$16,500,000

Industry
Healthcare
Services
Raising Capital

Formed in 1981 by Chairman Jack Castle Jr. and his father, Houston dentist Dr. Jack Castle, Castle Dental has grown into a major provider of dental practice management services to a wide variety of dental practices.

has completed an acquisition and working capital financing

$20,000,000

Industry
Healthcare
Services
Raising Capital

Quest Medical, Inc. is a United States medical manufacturer that focuses on providing better outcomes through design, development, manufacturing, and distribution of superior products. Quest Medical offers high-performing technology devices to optimize the capabilities of the medical specialties it serves, including cardiac surgery, ophthalmic surgery, oncology, IV fluid and anesthesia delivery.

has completed a private placement

$10,550,000

consisting of
Industry
Healthcare
Services
Raising Capital

ViroTex is a pharmaceutical drug-delivery company.

has completed a private placement

Series A Preferred Stock; Subordinate Debt with Warrants

Industry
Healthcare
Services
Raising Capital

SpectraCell Laboratories, Inc. is a clinical laboratory specializing in personalized disease prevention and management solutions.

has acquired the partnership interests and common stock of

Fort Bend MR, Ltd.

and

Fort Bend Imaging, Inc.

Industry
Services
Mergers & Acquisitions
Buy-Side Advisory

U.S. Imaging provides diagnostic imaging services.

has acquired certain assets of
for

$37,366,000

Industry
Healthcare
Services
Mergers & Acquisitions
Buy-Side Advisory

Ares-Serono S.A. is a Swiss developer and marketer of pharmaceutical products.

Henley International, Inc.

has completed an acquisition and recapitalization financing

$22,000,000

Industry
Healthcare
Services
Raising Capital

Henley International, Inc. manufactures medical equipment.

Henley International, Inc.

has acquired
a division of
Industry
Healthcare
Services
Mergers & Acquisitions
Buy-Side Advisory

Henley International, Inc. manufactures medical equipment.

TME Partners III, Ltd.

has completed a private placement

$22,500,000

Industry
Healthcare
Services
Raising Capital

GulfStar Group
700 Louisiana Street
Suite 3800
Houston, Texas 77002


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