Shore Capital Partners Announces Founding of Together Womenā€™s Health

Strategic Partnership with Eastside Gynecology Obstetrics and Comprehensive Womanā€™s Care Includes Seven Locations in Southeast Michigan

CHICAGO–(BUSINESS WIRE)–Shore Capital Partners (ā€œShoreā€), a private equity firm, is pleased to announce it has founded Together Womenā€™s Health (ā€œTWHā€), through the completion of a strategic partnership with Eastside Gynecology Obstetrics (ā€œEastsideā€) and Comprehensive Womanā€™s Care (ā€œComprehensiveā€). TWH provides womenā€™s health practices with administrative support, allowing physicians to focus on delivering the highest quality of patient care.

Eastside and Comprehensive are leading obstetrics and gynecology (ā€œOB/GYNā€) practices in the Detroit area, offering a full suite of services including mammography, lab, ultrasound imaging, skincare, and rejuvenation services. Eastside, led by Dr. Paul Nehra, son of the practiceā€™s founder, has four locations: Macomb, Rochester, Grosse Pointe, and Roseville. Comprehensive, led by President Dr. Chad White, has three locations: Clinton Township, Chesterfield Township, and Detroit.

In the TWH partnership, each of Eastsideā€™s and Comprehensiveā€™s existing partner physicians will continue serving the community with leading clinical care. From Eastside: Dr. Nehra, Dr. John Knapp, Dr. Ben Chen, Dr. Deborah Hamby, Dr. Suzanne Hall, and Dr. Margot Abundis. From Comprehensive: Dr. Chad White, Dr. Raymond Quasarano, Dr. Angela Messina, and Dr. Lauren Mellor. Dr. Nehra will assume the role of Chief Medical Officer for TWH.

ā€œWe look forward to building a leading Midwest provider of womenā€™s health services and becoming the partner of choice for independent physicians, which begins with Dr. Nehra, Dr. White and their teams,ā€ said Mike Cooper, Founding Partner of Shore and TWH Chairman. ā€œEastside and Comprehensive have an outstanding reputation and vision for clinical excellence, which is a tremendous foundation to scale and build on their success.ā€

Dr. Paul Nehra said, ā€œWith healthcare ever-evolving and the inherent challenges of private practice, we felt it was time to collaborate with a strong business partner. Shore uniquely filled that role to shepherd us as the platform partner in Together Womenā€™s Health. They have a fantastic record of enabling transformational growth, and our practice felt that this relationship would position us to be a future leader in womenā€™s health.ā€

Anthony Ahee co-founded and will serve as CEO of TWH. Prior to TWH, Anthony founded Honor Equity, an entrepreneur-owned holding company formed to acquire and grow a limited number of healthcare businesses with significant growth potential. During this period he developed a thesis in womenā€™s health and led the creation of Together Womenā€™s Health. Mr. Ahee commented, ā€œWe created TWH to be a leading network of integrated womenā€™s healthcare providers. By building on a foundation of clinical excellence, our best-in-class support services enhance care today and drive growth for the future. Together we are paving the way for a better womenā€™s health community.ā€

TWH plans to grow its platform across the Midwest by supporting practices with operations, finance, accounting, marketing, human resources, and IT, thereby allowing physicians to focus on clinical excellence and serving their communities. TWH plans to pursue affiliations with independent womenā€™s health practices and build a network of top clinicians in a physician-led culture. For more information on TWH, please visit togetherwomenshealth.com.

TWH represents the seventh platform investment out of Shore Capital Partners Fund III, L.P., a $293 million investment vehicle raised in April 2019.

About Shore Capital

Shore Capital Partners is a Chicago-based private equity firm focused on microcap Healthcare and Food and Beverage investments. Shore supports management partners with capital, business development expertise, and industry knowledge to accelerate growth, fund acquisitions, and generate value to shareholders. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant growth potential, including organic and growth through industry consolidation. Shore has over $1 billion of equity capital under management through various investment vehicles. For more information on Shore, please visit www.shorecp.com.

Contacts

Adam Werder

Shore Capital

(312) 348-7580

https://www.linkedin.com/company/shore-capital-partners/

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