Apollo Global Management’s Investment in US Acute Care Solutions

McDermott Will & Emery represented Apollo Global Management and US Acute Care Solutions in the transaction. Ropes & Gray advised US Acute Care Solutions (USACS) in a definitive agreement to buy out minority capital partner Welsh, Carson, Anderson & Stowe (WCAS).Apollo Global Management, a private equity firm, will invest in US Acute Care Solutions, a physician-owned emergency medicine and hospital service business. The transaction will include a full recapitalization of the company and US Acute Care Solutions will be approximately 90% owned by its physicians while positioning the business for additional growth.

This transaction was announced on February 9, 2021.

The McDermott team for Apollo Global Management was led by John Callahan (Picture) and included Patrick Martinez, Ian Schwartz, Emily Palmer, Patrick Zanayed, Tony Maida, Dexter Golinghorst, Evelyn Atwater, Ryan Higgins, Nick Alarif, Caroline Reigart and Emma Chapman.

The McDermott team for US Acute Care Solutions was led by Kevin Miller and included Marshall Jackson Jr.

The Ropes & Gray team that advised US Acute Care Solutions was led by private equity partner Anthony Norris (New York), and included tax partner Leo Arnaboldi III (New York), employment, executive compensation & benefits partner Alexandra Alperovich (New York), health care partner Timothy McCrystal (Boston), and private equity partners Steven Rutkovsky and Carl Marcellino (both of New York).

Involved fees earner: Nicholas Alarif – McDermott Will & Emery; Evelyn Atwater – McDermott Will & Emery; John Callahan – McDermott Will & Emery; Emma Chapman – McDermott Will & Emery; Dexter Golinghorst – McDermott Will & Emery; Ryan Higgins – McDermott Will & Emery; Marshall Jackson, Jr. – McDermott Will & Emery; Tony Maida – McDermott Will & Emery; Patrick Martinez – McDermott Will & Emery; Kevin Miller – McDermott Will & Emery; Emily Palmer – McDermott Will & Emery; Caroline Reigart – McDermott Will & Emery; Ian Schwartz – McDermott Will & Emery; Patrick Zanayed – McDermott Will & Emery; Alexandra Alperovich – Ropes & Gray; Leo Arnaboldi – Ropes & Gray; Carl Marcellino – Ropes & Gray; Timothy McCrystal – Ropes & Gray; Anthony Norris – Ropes & Gray; Steven Rutkovsky – Ropes & Gray;

Law Firms: McDermott Will & Emery; Ropes & Gray;

Clients: Apollo Global Management; US Acute Care Solutions;

Martina Bellini

Author: Martina Bellini