23 January 2025 1 Min Read
Press Release: New Capital Partners sells Medsurant Health
January 23, 2025 – Cain Brothers, a division of KeyBanc Capital Markets, served as exclusive financial advisor to Medsurant Health, a portfolio company of New Capital Partners, on its sale.
Cain Brothers was engaged as Medsurant Health’s exclusive financial advisor based on its knowledge and relationships in clinical outsourced services. Cain Brothers worked with New Capital Partners to design and execute a broad auction process to identify the optimal partner for Medsurant Health. The transaction continues Cain Brothers’ track record of representing sponsor-backed businesses and expertise within the clinical outsourced services sector.
About Medsurant Health
Medsurant Health is a leading outsourced provider of comprehensive patient monitoring solutions for complex surgical cases, detecting and mitigating neurophysiological complications during brain, spine, and peripheral nerve surgeries. As the nation’s largest pure-play provider of intraoperative neuromonitoring (IONM) services, Medsurant is a trusted operating room partner to more than 350+ hospitals and 1,200+ surgeons, across 15+ states.
About New Capital Partners
Founded in 2001, New Capital Partners is a middle-market private equity investment firm based in Birmingham, Alabama. New Capital is a thesis-driven firm of entrepreneurs and former operators, focused on investing in founder-owned, lower middle-market companies where it can partner with management to provide exceptional service to each portfolio company’s customers. Focus areas include healthcare technology & services, financial technology & services, and business technology and services.