Orrick, Herrington & Sutcliffe LLP

02/14/2018 | News release | Distributed by Public on 02/14/2018 15:45

Orrick M&A Team Honored at ACG Houston Deal of the Year Awards

Nobilis Health Corp.'s acquisition of majority ownership in Elite Surgical Affiliates' portfolio of three ambulatory surgery centers and one surgical hospital in the greater Houston area was honored as Consumer Products and Healthcare Deal of the Year at the Association for Corporate Growth (ACG) Houston inaugural Deal of the Year Awards.

An Orrick M&A team advised the physician owners of the facilities in the $60 million transaction, which Nobilis funded through a $50 million expansion of its existing credit facility with BBVA Compass as lead arranger. Nobilis now has 13 locations (nine surgical facilities and four clinics) in the Houston market. The Orrick team included David Ronn, Barbara de Marigny, Ryan Giggs and Michael Rodgers.

ACG Houston is focused on celebrating Houston's booming middle-market deal community. The inaugural Deal of the Year Awards honored the deals and dealmakers who drive middle market growth resulting in job growth, capital formation and the advancement of meaningful business relationships.