Industry Related TransactionsBDO USA Partners With Culbert Healthcare Solutions
Buyside Advisor To BDO USA
7 Mile Advisors Announces Its Role As Buyside Advisor To BDO USA On Its Addition Of Culbert Healthcare Solutions, Inc.
This combination will expand BDO’s management advisory services in healthcare.
CHARLOTTE, NC – 7 Mile Advisors announces its role as the buyside advisor to BDO USA, LLP (“BDO”), one of the nation’s leading accounting and advisory firms, on its recent addition of Culbert Healthcare Solutions, Inc. (“Culbert”), a Massachusetts-based management consulting firm that advises hospitals, academic medical centers, and large physician group practices. This combination further strengthens and expands BDO’s management advisory capabilities, specifically in the healthcare industry.
“Culbert Healthcare Solutions was instrumental in further establishing BDO’s healthcare advisory experience, and we look forward to continuing to support the growth and expansion of BDO’s advisory practice,” commented Tim Frye, Managing Director at 7 Mile Advisors.
7 Mile Advisors has enjoyed a strategic relationship with BDO having twice acted as the sell-side advisor and now having acted as an exclusive buy-side advisor to the firm as it grows its advisory services including its wealth management, management consulting, healthcare consulting, and BDO Digital practices.
“Our work with 7 Mile Advisors continues to add great people and practices to our firm,” said Wayne Berson, CEO of BDO USA. “Culbert will help us continue to identify ways for healthcare leaders to improve their financial, clinical and digital performance and build more resilient organizations. Their services and relationships will strengthen and deepen our advisory offerings for BDO healthcare clients and grow our firm’s healthcare practice.”
7 Mile Advisors is primarily a sell-side advisory practice, but has proven itself to be a trusted buyside advisor to both strategic and financial buyers. Other representative buyside transactions this year include 3Cloud’s acquisition of CCG Analytics, Quisitive’s acquisition of Mazik Global, and CitiusTech’s acquisition of SDLC Partners. For more information on 7 Mile’s services and how they are tracking the market through proprietary industry research, visit www.7mileadvisors.com.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, as well as provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.
About BDO USA
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of skilled and committed professionals. The firm serves clients through more than 70 offices and over 750 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of more than 97,000 people working out of over 1,700 offices across 167 countries.
BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com.
