GulfStar Group Hires Healthcare Industry Veteran to Lead New Practice

HOUSTON, March 15, 2017 - GulfStar Group (GulfStar), a leading middle market investment bank headquartered in Houston, is pleased to announce that Keith LeBlanc will lead the firm's Healthcare Practice. 


Keith, a senior level executive, comes to GulfStar with more than 30 years of healthcare experience, which includes working with private equity firms as well as strategic buyers and owners on both capital formations and mergers and acquisitions from a client perspective. 


As the former co-founder and CEO of Millenium Healthcare, Keith launched and led a healthcare services start-up that grew from a single urgent care and occupational healthcare clinic to multiple locations before being sold to Ochsner Health System. Prior to that, Keith served as CEO of SurgiCare, Inc., an AMEX-listed outpatient surgical center business, where he orchestrated a company refinancing and sale. Previously, Keith founded Quest Practice Management, a 50/50 joint venture with independent physicians. In addition, Keith has experience with a broad range of other healthcare businesses, including revenue cycle and billing solutions, outpatient imaging centers, and multi-site IT and clinical systems.

"Keith's engaging personality and unique multi-sector experience will uniquely position our firm to advise a variety of healthcare clients," said Kent Kahle, managing director of GulfStar. "Keith has been through the sales and investment process multiple times, has extensive contacts and will relate well to our healthcare clients. We're thrilled to welcome him as a senior member of our team."

Keith started his career as a registered respiratory therapist and cardiopulmonary technologist before being recruited as an assistant administrator of a Humana Hospital, where he eventually became a CEO at 30 years old. Thus, he began a 28-year span as the CEO of multiple healthcare institutions. Keith earned his Master of Health Sciences and Bachelor of Science degrees from Louisiana State University Medical Center, where he also served as an adjunct professor in the Department of Cardiopulmonary Science.

GulfStar's healthcare team, led by Keith, will primarily focus its efforts on healthcare service companies. Specific services include placement of capital and sales to strategic or financial buyers. GulfStar has worked with numerous healthcare companies since its founding, which includes the recent recapitalization of a surgical hospital, the sale of two leading physician practice groups in Houston, multiple capital raises for outpatient imaging centers and the recapitalization and multiple buy-side deals for a leading dental management and outpatient clinic business.

Contact Information:
Keith LeBlanc
Managing Director
713.300.2056
kleblanc@gulfstargroup.com

About GulfStar Group
GulfStar is a leading middle market investment bank headquartered in Houston. GulfStar specializes in providing merger and acquisition advisory services, institutional private placements of equity and debt, and general corporate finance advisory services to companies with revenues or enterprise values generally ranging from $25 million to $350 million. Since its formation in 1990, GulfStar has completed more than 650 assignments in 32 states and 16 foreign countries across a variety of industries.

Securities offered through GulfStar Group I, Ltd. an affiliated entity, member FINRASIPC.