Healthcare Associates of Texas, a portfolio company of Webster Capital and full-service primary care practice operating in the Dallas Fort Worth metroplex, announced today that it has acquired Mihills Webb Medical. This is the second acquisition Healthcare Associates of Texas has completed in the second half of 2017, following the acquisition of Kaner Medical Group in September.
Mihills Webb Medical is a primary care group with two physicians located in Southlake, Texas. Kaner Medical Group is a primary care practice with five physicians and two locations, one in Bedford, Texas, and another in Euless, Texas. “Healthcare Associates of Texas is excited to partner with Mihills Webb Medical and Kaner Medical Group to expand our already strong provider network in the Dallas Fort Worth area,” said Dr. Walter Gaman, Executive Chairman of Healthcare Associates of Texas. “These providers share Healthcare Associates of Texas’ dedication to quality care, patient satisfaction and collectively represent an excellent extension of the Healthcare Associates of Texas model of patient care.”
Webster initially invested in Healthcare Associates of Texas in 2016 with the goal of providing exceptional medical service to patients in the Dallas Fort Worth metroplex. Healthcare Associates of Texas continues to expand its provider network and cares for over 90,000 patients.
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About Healthcare Associates of Texas
Founded in 2003, Webster Capital is a private equity firm that invests in the branded consumer and healthcare services industries and provides equity financing, expertise, and a broad contact network for management buyouts and growth capital. Webster is currently investing its third fund and has raised over $600 million of capital. For additional information on Webster Capital, please visit www.webstercapital.com.