Pine Tree Equity Recapitalizes AMCOL Systems
Pine Tree Equity III, LP (“Pine Tree Equity”), a private equity firm based in Miami, FL, is pleased to announce that it has recapitalized AMCOL Systems (“AMCOL” or the “Company”) in partnership with the founders and management in September 2017. The Company, founded in 1976 and headquartered in Columbia, SC, is a leading provider of revenue cycle management services. For additional information, please visit www.amcolsystems.com.
AMCOL Systems is a leading provider of revenue cycle management services focused on self-pay collections, bad debt recovery and insurance claims resolution services for hospitals, large physician groups and other healthcare providers. AMCOL’s focus is on patient pay collections, providing its customers with first party, early out collections as well as third party bad debt collections.
Pine Tree Equity partnered with the founders as well as Mr. Chip Hellmann, Chief Executive Officer, to recapitalize the platform in order to accelerate the Company’s geographic expansion and pursue complementary add-on acquisitions. AMCOL marks Pine Tree Equity’s 34th investment since inception in 2007 (excluding an additional 29 physician group acquisitions completed since 2015.)
We are pleased to offer traditional referral fees for a closed transaction based on a signed fee agreement. For additional information, please call Roberto Canto at 305-808-9820.