Arsenal Capital Partners (Arsenal), a private equity firm specializing in investments in health care and specialty industrial companies, has acquired Best Value Healthcare, LLC (Best Value) in partnership with its founders: Raj Naik, M.D., Kimberly Ficocelli, and Dillon Moore. Best Value is a primary care platform focused on Medicare Advantage and operating in Central and South Florida. The terms of the transaction were not disclosed.
Arsenal’s investment in Best Value reflects the firm’s interest in investing in the value-based primary care market, a large and fast-growing care provision segment positioned to drive significant value across key health care stakeholder groups: people, physicians, and payers. Best Value represents a compelling investment given its scale, reputation for high-quality clinical care, focus on advancing value-based care competency, strong payer relationships, experienced management team, and opportunity to realize multiple avenues of organic and inorganic growth.
Headquartered in the Tampa Bay area, Best Value is a patient-centered, physician-led, and population health-focused health care company. Founded and led by physicians, Best Value’s team of health care provider organizations and support service professionals share a revolutionary vision for delivering care in Florida with passion and purpose. Best Value creates a direct path to improving outcomes, reducing costs, and enhancing health care experiences.
Arsenal is a leading private equity firm specializing in investments in middle-market health care and specialty industrials companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds of $5.3 billion, has completed more than 200 platform and add-on investments, and has achieved more than 30 realizations. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value–add.
This was reported by Arsenal Capital Partners on November 17, 2020.
Contact information: Best Value, 2382 Griffin Road, Lakeland, Florida 33810; 727-223-3650; Website: https://bestvaluehealthcare.com
Arsenal Capital Partners, 100 Park Avenue, 31st Floor, New York, New York 10017; 212-771-1717; Website: https://www.arsenalcapital.com
