Thursday, December 10, 2009

McGladrey Capital Markets leads negotiations as medical services organization recapitalized by The Beekman Group

COSTA MESA, Calif. (November 10, 2009) – The Beekman Group LLC, a middle market-focused private equity group based in New York, has acquired a leading medical services organization (the “Company”) that provides contracted medical services to healthcare institutions. Transaction terms were not disclosed.

McGladrey Capital Markets LLC initiated the transaction, sourced the buyer, led the negotiations, and acted as the exclusive financial advisor to the Company.

“The Company’s growth can be attributed to a combination of providing premier quality services and an operational infrastructure that can be leveraged with growth. The Beekman Group will be able to supplement the management team’s capabilities and provide additional expertise to take the Company to the next level,” said Kamal Patel, vice president at McGladrey Capital Markets’ Chicago office. “The acquisition enables the Company to continue their growth strategy while providing quality services to healthcare institutions.”

About The Beekman Group

The Beekman Group is a leading private equity firm dedicated to bringing financial and operational resources to small middle-market companies. TBG’s team consists of experienced private equity professionals, as well as a select group of Industry Operating Partners who are leading executives in TBG’s targeted industry segments. This Industry Partner approach to investing is the cornerstone of TBG’s investment strategy - creating value through partnership with small middle-market management teams.

TBG’s targeted industry sectors are Financial Services, Consumer & Business Services, and Healthcare.

About The Company

The company is a medical services organization that provides high quality, contracted services to healthcare institutions.

About McGladrey Capital Markets

McGladrey Capital Markets LLC (http://www.blogger.com/) is a global provider of investment banking services to private and public companies with annual revenues of up to $1 billion. The firm’s services include mergers, acquisitions, divestitures, recapitalizations, capital raising, fairness opinions and restructurings. McGladrey Capital Markets, which offers in-depth expertise in 13 distinct industry sectors, brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives. McGladrey Capital Markets is affiliated with RSM McGladrey Inc., a professional services firm providing accounting, tax and business consulting. Both firms are indirect subsidiaries of H&R Block Inc. (NYSE: HRB), the world’s preeminent tax services provider. McGladrey Capital Markets is also a member of RSM International, a worldwide network of professional services firms. McGladrey Capital Markets’ international headquarters are located in Costa Mesa, Calif. The firm is a member of FINRA.

CONTACT:
McGladrey Capital Markets LLC
Kelly Osborne, Vice President
714.327.8880
kosborne@mcgladreycm.com

Healthcare Veteran Paul Kacik Joins McGladrey Capital Markets as Managing Director

Costa Mesa, Calif. – October 1, 2009 – McGladrey Capital Markets LLC, a global investment bank, has hired Paul Kacik as Managing Director of the firm’s distinguished healthcare practice.
Mr. Kacik has nearly 20 years of investment banking, private equity and corporate finance experience, with particular focus on the healthcare and life sciences sectors. He has acted in a lead advisory role on numerous domestic and cross-border healthcare M&A transactions including recent mandates in the healthcare services, managed care, medical products, nutraceutical and pharmaceutical services industries.

“Paul’s solid healthcare industry relationships strengthen our sector expertise and his transatlantic experience complements our robust cross border capabilities,” said Hector J. Cuellar, president of McGladrey Capital Markets. “With the healthcare sector poised for activity, we’re thrilled to offer Paul’s background and insight to our client base, and to the thousands of healthcare clients at RSM McGladrey’s strong healthcare practice.

Prior to joining McGladrey Capital Markets, Mr. Kacik was Senior Vice President and head of Healthcare Investment Banking for Barrington Associates, the M&A division of Wells Fargo Securities, LLC. He previously was Investment Director of Technomark Medical Ventures, a London-based healthcare private equity firm backed by Lloyds TSB Bank, and Associate Director of BioCorp Securities, a boutique healthcare investment banking firm.

Mr. Kacik received a bachelor’s degree in business from the University of Southern California and a master’s degree in business administration from Cass Business School in London. He holds FINRA Series 17 and 63 securities licenses.

About McGladrey Capital Markets

McGladrey Capital Markets LLC (http://www.blogger.com/) is a global provider of investment banking services to private and public companies with annual revenues of up to $1 billion. The firm’s services include mergers, acquisitions, divestitures, recapitalizations, capital raising, fairness opinions and restructurings. McGladrey Capital Markets, which offers in-depth expertise in 13 distinct industry sectors, brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives. McGladrey Capital Markets is affiliated with RSM McGladrey Inc., a professional services firm providing accounting, tax and business consulting. Both firms are indirect subsidiaries of H&R Block Inc. (NYSE: HRB), the world’s preeminent tax services provider. McGladrey Capital Markets is also a member of RSM International, a worldwide network of professional services firms. McGladrey Capital Markets’ international headquarters are located in Costa Mesa, Calif. The firm is a member of FINRA.

CONTACT:
McGladrey Capital Markets LLC
Kelly Osborne, Vice President
714.327.8880
kosborne@mcgladreycm.com