CRH Medical Corporation Announces Majority Purchase of Orange County Anesthesia Associates

CRH Medical Corp. acquired Orange County Anesthesia Associates, a gastroenterology anesthesia practice serving one GI ASC.

What you should know:

  1. CRH acquired 66 percent of the practice, which touts estimated annual revenues of $3.1 million and is both EBITDA and cash-flow accretive.
  2. This is the company’s 29th anesthesia acquisition
  3. CRH financed the transaction using cash on hand and its credit facility
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