Irving, TX (March 1, 2017) – Healthcare Associates of Texas (“HCAT”), a portfolio company of Webster Capital and full-service primary care practice operating in the Dallas / Fort-Worth region, has completed the acquisition of McKinney Family Healthcare.
McKinney Family Healthcare was founded in 1999 and is a primary care practice group based in McKinney, Texas. “HCAT is excited to partner with McKinney Family Healthcare as they complement HCAT’s already strong presence in the DFW region,” said John Garbarino, Partner at Webster Capital. “The McKinney team shares HCAT’s commitment to patient-centric care and will be an excellent partner to help us provide care in the area.”
“In aligning ourselves with HCAT, we will have the scale, support and capabilities to bolster our growth in the McKinney community,” said Dr. Chris Lawrence, Managing Partner of McKinney Family Healthcare. “This will allow us to continue delivering high quality care to our patients and provide a broader service offering that will address the majority of their healthcare needs.”
Webster initially invested in HCAT in 2016 with the goal of providing exceptional medical service to patients in the DFW region.
About Healthcare Associates of Texas
HCAT is a physician practice management company that is responsible for providing management services to Healthcare Associates of Irving (“HCAI”), a full-service primary care practice with 20+ providers and three offices in Dallas, Texas. For additional information on HCAT please visit www.healthcareassociates.com.
About Webster Capital
Founded in 2003, Webster Capital is a private equity firm with over $600 million of committed capital which invests in the branded consumer and healthcare services industries. Webster Capital provides equity financing, expertise, and a broad contact network for management buyouts and growth capital. For additional information on Webster Capital please visit www.webstercapital.com.