Simpson Thacher represented Kelsey-Seybold Medical Group (Kelsey-Seybold) in connection with its strategic partnership with TPG Capital (TPG). TPG has made a non-controlling, strategic investment in Kelsey-Seybold Management Services, the management services organization serving Kelsey-Seybold. Kelsey-Seybold’s physician leadership maintains control of the services organization in the partnership, and Kelsey-Seybold remains 100% physician-owned and physician-governed. Additional terms of the partnership were not disclosed.
Kelsey-Seybold is Houston's premier multispecialty group practice, founded in 1949 by Dr. Mavis Kelsey in Houston's renowned Texas Medical Center. More than 450 physicians and allied health professionals practice at 23 locations in the Greater Houston area. Kelsey-Seybold offers quality medical care in 55 medical specialties.
The Simpson Thacher team included Caroline Gottschalk, Brian Chisling, Jihyun Chung, Alex Yeagley, Catherine Ciriello and Loren Shokes (M&A); Nancy Mehlman, Jasmine Hay and Abigail Hopper (Tax); Brian Robbins, Jamin Koslowe and Alex Ellebracht (Executive Compensation and Employee Benefits); and Matt Einbinder, James Doyle and Evan West (Credit).