As reported in the Wall Street Journal, Edgemont Partners (“Edgemont”), a premier healthcare investment bank and a leading M&A and capital raising advisor exclusively serving healthcare companies, acted as exclusive financial advisor to Mindful Health Solutions (“MHS” or “the Company”), a leading provider of interventional psychiatry services, on its growth investment from Norwest Venture Partners (“Norwest”). Edgemont’s deal team was led by Managing Director Jeff Swearingen and Vice President Brandon Breslow, with execution support from Associates Philip Litmanov and Rebecca Herz, and Analyst Zach Linder
Headquartered in San Francisco, MHS operates more than 15 clinics throughout California and offers secure, convenient telehealth appointments. MHS’ newest clinics are located in Newport Beach, Los Angeles, Elk Grove, and Roseville. In partnership with Norwest, the Company plans to expand access to their services and establish a multi-region footprint. Norwest intends to leverage its deep healthcare services experience across specialties to bolster the platform and fuel growth.
MHS CEO Brad Hummel noted, “Edgemont served as a valued advisor to MHS throughout the transaction process with Norwest, and the advice we received led to a great outcome for MHS. Norwest’s proven track record of building industry-leading healthcare services companies made them a clear choice as a partner for us.”
Source: Bussiness Wiere
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