NEWS & PRESS
Healthcare Associates of Texas Continues Expansion With Two Acquisitions
Irving, TX (December 4, 2017) – Healthcare Associates of Texas (“HCAT”), 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 HCAT 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 group with five physicians and two locations, one in Bedford, Texas, and another in Euless, Texas. “HCAT is excited to partner with Mihills Webb Medical and Kaner Medical Group to expand our already strong provider network in the DFW area,” said Walter Gaman, Executive Chairman of HCAT. “These providers share HCAT’s dedication to quality care, patient satisfaction and collectively represent an excellent extension of the HCAT model of patient care.”
Webster initially invested in HCAT in 2016 with the goal of providing exceptional medical service to patients in the DFW metroplex. HCAT continues to expand its provider network and provides services to over 90,000 patients.
About Healthcare Associates of Texas
HCAT is a group of over 40 quality-focused primary care providers committed to becoming the premier primary care group in Dallas - Ft. Worth. The practice started in Irving, Texas 26 years ago and now serves the needs of patients from six locations throughout the region. For additional information on HCAT please visit www.healthcareassociates.com.
About Webster Capital
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.