Evanston, IL – October 8, 2018
Silver Oak Services Partners, LLC (“Silver Oak”), a leading lower middle market private equity firm focused exclusively on service businesses, announced it has led the recapitalization of Integrated Oncology Network (“ION” or the “Company”) in partnership with management and co-investors.
ION is a physician management, radiation oncology management and cancer center development company that partners with hospitals and physicians. ION provides expertise including strategic solutions, development, financing and management services including radiation oncology operations, revenue cycle management, compliance, HR, IT and accounting.
“We are excited and privileged to partner with the Silver Oak team, whose vast healthcare expertise and resources will provide ION the ability to accelerate the execution of our strategy on expanding our networks and affiliations across the United States with healthcare systems in their market to provide quality and cost-efficient patient care.” stated Jeffrey Goffman, ION’s CEO and Co-Founder.
Dan Gill, Managing Partner at Silver Oak, said, “We are excited to partner with the seasoned team at ION. ION is well-known in the industry as a value-added partner enabling hospitals and physicians to provide the highest quality care to patients. We look forward to working with the ION team to execute on its growth strategy.” ION is actively looking for add-on acquisition opportunities.
Please contact Dan Gill, Wade Glisson or Andrew James of Silver Oak for additional information.
Silver Oak invests in healthcare, business, and consumer services companies in the lower middle market, typically with EBITDA of $4 million to $20 million.
Silver Oak Services Partners, LLC
1560 Sherman Ave, Suite 1200
Evanston, IL 60201