Hyde Park Capital Renders Fairness Opinion To Diagnostic Clinic Medical Group For Its Sale To Florida Blue
Tampa, Florida – January 8, 2013 – Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce it has rendered a fairness opinion to the Board of Directors of Diagnostic Clinic Medical Group, P.A. (“Diagnostic Clinic”), a leading physician-owned multi specialty practice in Pinellas County, in connection with its sale to Florida Blue, Florida’s Blue Cross and Blue Shield company. “We are pleased to have assisted in this transaction through the completion of a fairness opinion to the Board of Directors,” said Keith Hodgdon. “This transaction highlights Hyde Park Capital’s expertise in the healthcare sector and its proficiency in providing investment banking advice and valuation analysis to premier middle market companies, such as Diagnostic Clinic.” About Diagnostic Clinic Medical Group, P.A. Diagnostic Clinic has served Pinellas County for more than 40 years and is a physician wned multi-specialty practice that provides adult primary care, specialty care, pediatrics, lab and imaging services, physical therapy, interventional spine care and related services. Diagnostic Clinic is one of the largest medical facilities in Pinellas County, with approximately 100 highly trained health care providers on staff, handling more than 400,000 patient visits per year. Diagnostic Clinic has three locations: Largo, Countryside and Palm Harbor. For additional information, visit www.dc-fl.com.
About Florida Blue Florida Blue, Florida’s Blue Cross and Blue Shield company, is a leader in Florida’s health care industry. Its mission is to help people and communities achieve better health. Florida Blue has approximately 4 million health care members and serves 15.5 million people in 16 states through its affiliated companies. Florida Blue is a not-for-profit, policyholder-owned, tax-paying mutual company. Headquartered in Jacksonville, Fla., it is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies. For additional information, visit www.FloridaBlue.com.
About Hyde Park Capital Hyde Park Capital is a middle-market investment banking firm specializing in mergers and acquisitions and capital raising for public and private companies. Our senior bankers have extensive investment banking experience executing merger & acquisition engagements, including purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt. Hyde Park Capital has broad experience across multiple industries and a specific focus on healthcare, technology, business and financial services. As one of the most active investment banking firms in Florida and the Southeast, our professionals have advised on more than 300 corporate investment banking transactions totaling more than $10 billion in transaction value. We are headquartered in Tampa, Florida and are a member of FINRA and SIPC. For additional information about Hyde Park Capital, visit www.hydeparkcapital.com or call (813) 383-0202.