INDUSTRY

Healthcare

HEADQUARTERS

Grand Rapids, Michigan

Company Overview:

Infusion Associates is one of the leading ambulatory infusion practices in the Midwest, administering more than 15,000 treatments annually across various chronic conditions including Crohn’s Disease, ulcerative colitis, multiple sclerosis, rheumatoid arthritis, and a number of rare genetic diseases. The Practice’s specialized team of physicians and advanced practitioners possesses decades of experience with infusion therapy, managing patient cases on a long-term basis and administering treatments on behalf of more than 500 referring physicians.

Investment Status:

Active. Pursuing growth by expanding clinic footprint and service offerings through organic efforts and strategic acquisitions.

Transaction Type:

LBO

Transaction Overview:

Boyne partnered Dr. Khan Nedd, Infusion Associates’ Founder, and introduced Joseph Herrod as new CEO. The transaction provided liquidity to Dr. Nedd, who remains a minority owner and maintains his role as Medical Director.