Novum Orthopedic Partners Forms PE-Backed Orthopedic Platform in Texas

Novum Orthopedic Partners launched a new orthopedic practice management platform in Texas, through the completion of strategic investments in Arlington Orthopedic Associates, Abilene Sports Medicine & Orthopedics and Waxahachie Orthopedic and Sports Medicine.

Novum also invested in two leading surgical facilities, including the Abilene Center of Orthopedics and Multispecialty and Baylor Scott & White Orthopedic and Spine Hospital at Arlington–a joint venture between Baylor Scott & White Health, United Surgical Partners International and AOA, in which Novum has established a minority ownership position.

Novum is backed by A&M Capital Partners and Alvarez & Marsal Capital. Novum was advised on the transactions by McDermott Will & Emery. Read more.

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