Houlihan Lokey Advises United Medical Systems

Houlihan Lokey is pleased to announce that United Medical Systems, LLC (UMS) has been acquired by Sightpath Medical, a portfolio company of MGG Investment Group LP (MGG). The transaction closed on May 5, 2023.

Founded in 1988, UMS provides the highest quality shared healthcare service programs for urology. Partnering with physicians and medical facilities nationwide, UMS consistently delivers advanced technologies and cost-efficient solutions, spanning MR/US fusion biopsies, lithotripsy, and laser lithotripsy. UMS has performed more than one million procedures in over 1,400 facilities across the United States.

UMS and Sightpath Medical, a leading provider of mobile ophthalmic services for cataract and refractive surgery, make up the mobile medical services platform, Access & Integrated Practice Holdings (AIPH), formed by MGG. Under the AIPH umbrella, UMS and Sightpath will retain their respective brands and continue to be led by their existing management teams.

Founded in 2014, MGG is a private investment firm that provides bespoke investment solutions to midsized and growing lower-middle-market companies. MGG works with owners and management teams to help build lasting value, address immediate needs, and solve complex situations while seeking to generate attractive risk-adjusted returns for investors irrespective of and through market cycles.

This transaction further strengthens and highlights Houlihan Lokey’s continued leadership position in healthcare services. Houlihan Lokey’s Healthcare Group is among the largest dedicated healthcare investment banking groups in the world. In 2022, the group closed 37 transactions and was ranked by Refinitiv as the No. 1 advisor for global healthcare M&A transactions under $1 billion*.

Houlihan Lokey served as the exclusive financial advisor to UMS.