Memphis, Tenn.-based One GI has acquired Dayton (Ohio) Gastroenterology, the second- largest independent GI practice in the state, the Dayton Business Journal reported March 24.
1. One GI, backed by up to $80 million in capital through Webster Equity Partners, is a gastroenterology management services organization with practices in Tennessee, Mississippi and Ohio.
2. The acquisition will build economies of scale to help Dayton Gastroenterology expand its presence, “potentially across state lines,” according to Jonathan Saxe, MD, the practice’s president. The practice aims to partner with independent groups with up to eight physicians.