Boston, Mass.,-based Candescent Partners has recapitalized Mount Pleasant, S.C.-based Southeastern Spine Institute.
Here are five things to know:
1. SSI is the largest South Carolina-based practice to specialize in spine care.
2. Provident Healthcare Partners advised SSI on the transaction.
3. Provident sees Candescent as a leader in physician services' consolidation efforts in sub-specialties.
4. The financial adviser is confident SSI's leadership will promote significant growth in the orthopedic and spine market in South Carolina and beyond.
5. Provident Senior Associate Scott Davis said, "We believe partnering [SSI's] reputation with a proven developer of specialty healthcare practices in Candescent will lead to tremendous growth and the development of a leading regional platform."
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