FARLIE TURNER & CO • FEB 2 2022
Farlie Turner Gilbert Advises Orange Accountable Care Organization of South Florida in Sale Transaction
MIAMI LAKES, Fla. (February 2, 2022) – Farlie Turner Gilbert & Co., LLC (“FTG”), a leading investment bank serving middle market companies, announced today that it advised Orange Accountable Care Organization of South Florida LLC and several of its affiliates (“Orange” or the “Company”) in their sale to an undisclosed purchaser. Terms of the transaction, which closed during the third quarter of 2021, were not announced.
Based in Miami Lakes, Florida, Orange is a population health management company that owns a family of accountable care organizations (“ACOs”) and management services organizations (“MSOs”). Orange’s ACOs and MSOs collaborate with healthcare providers to provide high value, data‑driven administrative solutions to public and private insurers that benefit Medicare enrollees and managed care plan members.
Scott Saunders, Managing Director of Farlie Turner Gilbert, observed: “It was a pleasure to work with Orange and its talented management team. Working together, we were able to achieve an excellent result for all parties, including the Company’s owners, employees, affiliated providers, and clients. We wish the Orange team the best in the future as they derive benefits from their new partner’s strong healthcare, operational, and financial resources.”
The sale of Orange represents the fifth successful transaction for Farlie Turner Gilbert's healthcare advisory practice in 2021. In addition to Mr. Saunders, the Farlie Turner Gilbert transaction team included Kyle Jones and Chris Henry.
About Farlie Turner Gilbert & Co.
Farlie Turner Gilbert & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with FINRA, provide merger and acquisition, private placement and financial advisory services to middle market companies out of offices located in Fort Lauderdale, FL and Raleigh, NC.
Please visit www.ftgco.com for more information.