Deal Enhances Quality of Care and Employment Opportunities for Maryland
The Association for Corporate Growth (ACG) Maryland Chapter has selected the acquisition of the Southern Maryland Hospital Center by MedStar – a deal by SC&H Capital – as the Maryland Deal of the Year for the “Services and Other” category.
The ACG Awards recognize and honor the business transactions, including mergers and acquisitions, financings and alliances that have most impacted the Maryland region.
SC&H Capital supported the sale of the Southern Maryland Hospital Center and enabled MedStar to continue to fulfill its growth plans into Maryland. The company helped Southern Maryland Hospital Center work on a valuation for the institution, as well as determined a number of different strategies for seeking an acquiring organization.
“It is very exciting for us to serve as the financial advisors for the most significant M&A deal in the Maryland region,” said Christopher Helmrath, Managing Director, SC&H Capital. “This award reinforces our track record of supporting deals that have the most economic impact both for our clients and the economic health of Maryland.”
This acquisition further enabled the MedStar Southern Maryland Hospital Center to provide world-class care to the citizens of southern Maryland and further establish MedStar Health’s footprint in Maryland. In addition, through a major capital investment of approximately $100 million, the hospital will provide better healthcare access to the entire population in southern Maryland. The deal also provides enhanced employment for healthcare professionals in the region.
Since 2007, SC&H Capital has supported deals for 12 finalists and 3 winners of the ACG Maryland Deal of the Year award. In addition to the Southern Maryland Hospital Center deal, the company supported two other finalists for the award, which are the acquisition of White Cliffs Consulting (WCC) by Novetta Solutions; and the acquisition of the Bechdon Company by Breidon, Inc.
The award honorees were announced at the ACG Maryland Deal of the Year Award Gala on Thursday, November 14, 2013.
About SC&H Capital
SC&H Capital, an affiliate of SC&H Group, LLC, is an investment banking and advisory firm focused on middle market and growth companies. SC&H Capital supports their investment banking activity with a full suite of strategic and financial resources to assist companies in the development and execution of strategic plans and initiatives. In conjunction with SC&H Group, LLC, SC&H Capital tailors their advisory services to ensure that their clients receive pertinent and valuable advice in every stage of the business life cycle – not just at the time of sale.
Securities offered through SC&H Capital Corporation, member FINRA/SIPC.
