Ardent Health Partners, LLC – EGI

Ardent Health Partners, LLC

Key Takeaway

Creative investment structure and expansion

In 2015, EGI acquired Ardent, an acute-care hospital company, in a partnership with the company’s management team and Ventas, a leading healthcare REIT. The partnership was designed to separate the underlying real estate from hospital operations, creating a highly efficient ownership structure that enabled Ardent to concentrate its capital on growing operations. Less than two years later, we led the company in the acquisition of five hospitals that resulted in an approximate 50 percent revenue growth. We continue to work closely with management to pursue an ongoing growth strategy, and one of our senior executives, Peter Bynoe, serves as Ardent’s Chairman.