United Digestive, a leading gastroenterology platform that provides gastrointestinal services within the Southeast United States, announced today a growth capital investment from Kohlberg & Company, LLC, a leading private equity firm based in New York with more than 30 years of experience.

Headquartered in Atlanta, Georgia, United Digestive is a market leading provider of services to treat GI disorders, nutrition and digestive health. The Company has a fully integrated care model consisting of Ambulatory Surgery Center locations, suite of complementary ancillary services and professional services allowing United Digestive to treat a broad range of GI conditions. The seller, Frazier Healthcare Partners a Seattle-based private equity firm focused exclusively on the healthcare industry, formed United Digestive in 2018.

“During our productive and value-creating partnership with Frazier, United Digestive was able to rapidly expand its footprint and services, while maintaining the highest levels of patient care,” remarked Mark Gilreath, Chief Executive Officer of United Digestive. “We look forward to building off of this strong platform in partnering with Kohlberg and leveraging the firm’s longstanding experience and proven track record in investing in market leading healthcare services companies to accelerate United Digestive’s next phase of growth.”

“United Digestive is a clear leader within the GI services market with a best-in-class management team lead by Mark Gilreath and Dr. Neal Patel and a strong reputation for the highest quality of patient care,” commented Evan Wildstein, Partner of Kohlberg. “We are very pleased to partner with United Digestive and will leverage our experience in investing in provider-based businesses to support the Company’s continued expansion and commitment to patient care.”

Houlihan Lokey served as financial advisor and Goodwin Procter LLP acted as legal counsel to United Digestive and Frazier in conjunction with the transaction. Moelis & Company LLC served as financial advisor and Paul Weiss LLP acted as legal counsel to Kohlberg.