Deal Details

Ovation Healthcare partners with more than 500 healthcare organizations across 48 states, from critical access hospitals to large health systems. For nearly 50 years, the Company has strengthened community healthcare through a portfolio of shared services, including Leadership Advisory, Spend Management, Revenue Cycle Management and Technology Services. Ovation Healthcare helps hospitals and health systems gain leverage, achieve operational economies of scale and improve performance so they can keep care close to home. Ovation Healthcare is headquartered in Brentwood, Tennessee.

Grant Avenue is a healthcare-focused, middle-market private equity firm targeting investments alongside forward-thinking management teams that seek an experienced and innovative investor with operational insight and flexible capital to drive business growth. With decades of healthcare investing experience, deep industry knowledge and a broad network of relationships, Grant Avenue actively supports the strategic and operational initiatives of its investments in pursuit of exceptional outcomes. Grant Avenue partners with companies in a variety of transaction structures, including founder recapitalizations, majority buyouts, minority investments, corporate carve-outs and special situations. Grant Avenue is committed to delivering outstanding, risk-adjusted returns by actively building world-class companies that enhance patient health, strengthen the health system and positively impact the communities they serve. Grant Avenue is headquartered in New York, New York.

Parkview is a nonprofit, community-focused health system serving Indiana and northwest Ohio with a mission to improve health and inspire well-being. Parkview is northern Indiana’s largest employer with more than 20,000 co-workers. Parkview includes 16 hospitals and an extensive network of primary care and specialty care physicians. Parkview consistently earns multiple “A” Hospital Safety Grades from The Leapfrog Group, is ranked among Indiana’s Best Hospitals by U.S. News & World Report, recognized by The Chartis Center for Rural Health and received the Excellence in Patient Experience Award from NRC Health in 2026. Parkview is headquartered in Fort Wayne, Indiana.