Urology Specialists of West Florida

Urology Specialists of West Florida

Value: Undisclosed

Urology Specialists of West Florida, LLP (“USWF”) is the largest urology practice in greater St. Petersburg / Clearwater and is a leading provider of radiation therapy treatment in West Florida through its Radiation Oncology Center (the “Center”). USWF has operated its Center in Clearwater, FL since March 2009 and provides a comfortable experience to prostate cancer patients while delivering the highest quality of care. Prior to the transaction, the Center was wholly owned by USWF.

McKesson Specialty Health, through its wholly owned US Oncology / Vantage Oncology subsidiaries, develops and operates radiation oncology centers of excellence through acquisitions and joint ventures. The company seeks to address the growing need among cancer patients, hospitals and physicians for easily accessible and advanced radiation treatment therapies. McKesson Specialty Health operates over 140 treatment facilities in 25 states, and has a network of providers which includes 200 Urologists, 250 Radiation Oncologists and 800 Medical Oncologists.

As a result of the transaction, USWF and McKesson plan to grow high quality radiation therapy services in West Florida through a combination of strategic insight, application of clinical best-practices and a patient-centered approach.

Cypress Associates LLC acted as financial advisor to USWF in the sale of its radiation assets to a new company jointly owned by USWF and McKesson.