Quantcast

SOUTHERN CALIFORNIA RECORD

Sunday, April 28, 2024

Sheppard Mullin Awarded “Healthcare Firm of the Year” at 2024 M&A Atlas Awards

Award

Trophy | Unplash by Giorgio Trovato

The firm was awarded “Healthcare Firm of the Year” by Global M&A Network during its 2024 M&A Atlas Awards. The team was also awarded “M&A Deal of the Year” for representing VillageMD in its $8.9 billion acquisition of Summit Health-CityMD, as well as “Private Equity Deal of the Year” for representing Los-Angeles based investment firm Corbel Capital Partners (Corbel) in its formation of and investment in Premier Plastic Surgery Partners, LLC.

On top of the Healthcare team’s recognition, partner Chi Huynh was individually awarded the “Rising Star Dealmaker” award, which honors “brilliant and exceptional young dealmakers from the North and South American private equity, growth investing, lending, M&A and restructuring transactional communities for their achievements, dedication and talents for closing transactions.”

The M&A Atlas Awards honor the best North and South American deals, firms and dealmakers in the corporate, investor and transactional sectors, and are considered the “Gold Standard of Performance” for M&A work.

M&A Deal of the Year, Large Deal CategoryRecognized in the “Large Deal Category,” the VillageMD and Summit Health-CityMD merger, led by Healthcare team leader Eric Klein, creates one of the largest independent provider groups in the United States. The acquisition included investments from Walgreens Boots Alliance, Inc. (WBA) and Evernorth, a subsidiary of Cigna Corporation. The firm led the merger transaction, as well as the antitrust and healthcare regulatory work for VillageMD.

The combined company will have more than 680 locations in 26 markets, including Summit Health’s multi-state, multi-specialty medical groups and CityMD’s network of urgent care centers, and will leverage VillageMD’s expertise in value-based care to support and accelerate the transition to more risk-based care. The firm also represented VillageMD on its commercial risk-based strategic alliance with Evernorth, a core element of Cigna’s investment in VillageMD.

Private Equity Deal of the Year, Low- Mid-Market CategoryRecognized as “Private Equity Deal of the Year,”  Corbel’s investment in Premier Plastic Surgery Partners, LLC, will create the nation’s first-ever platform for plastic and facial plastic surgeons. Premier Plastic Surgery Partners, LLC, is a company comprised of leading board-certified plastic and facial plastic surgeon practices that aim to bring a novel physician-centric approach to physicians looking to reduce risk, grow their practice and strengthen their legacy. Healthcare partners Aytan Dahukey and Chi Huynh led the deal team advising Corbel in the investment.

Rising Star DealmakerChi Huynh, a partner and member of the Healthcare industry team, is also the corporate lead of the firm’s Women in Healthcare Leadership Collaborative. She represents physician groups, independent physician associations, hospitals and hospital-affiliated foundations, non-profit health foundations, pharmacies and other healthcare entities in mergers and acquisitions, operational and contracting matters, and general corporate counsel matters. She identifies and addresses complex healthcare-related regulatory issues, including information privacy, corporate practice of medicine, anti-kickback and federal Stark issues.

Huynh and the Healthcare team were presented with their awards on January 30, 2024, during the M&A Atlas Awards 15th Annual Gala at the Metropolitan Club of New York.

Original source can be found here.

ORGANIZATIONS IN THIS STORY

More News