https://www.casselsalpeter.com/wp-content/uploads/2019/11/CHT_logo.jpg 250 250 roaradmin http://www.casselsalpeter.com/wp-content/uploads/2020/04/cs_logo-color-REPLACE.png roaradmin2016-12-01 17:35:492020-07-01 15:22:57Constellation Healthcare Technologies has been acquired by CC Capital Management
- Background: Headquartered in Houston, TX, Constellation Healthcare Technologies, Inc., a publicly traded company on the AIM Exchange, provides a holistic, integrated suite of practice management support services to hospitals and medical practices across the United States. The Company’s services include outsourced revenue cycle management for hospital-based and office-based physicians, practice management for primary care and subspecialty pediatric practices, and group purchasing services for vaccine and flu shots between eligible physicians and selected pharmaceutical companies.
- Cassel Salpeter:
- Served as the financial advisor to the Company’s Special Committee of the Board of Directors
- Ran a 30-day “go-shop” period, identifying and contacting approximately 200 potential parties
- Expedited timeline with only 30 days to identify and contact a large number of parties
- Outcome: The “go-shop” period resulted in the successful sale of the Company in January 2017 to CC Capital Management and management.