Triton Pacific Healthcare Partners (“Triton Pacific”), a healthcare-focused private equity group, is pleased to announce the closing of its sale of BioMatrix Specialty Infusion Pharmacy (“BioMatrix” or the “Company”) to Frazier Healthcare Partners. Terms of the transaction were not disclosed. Triton Pacific generated a return of 3.0x on the investment.
Triton Pacific Affiliate Acquires 64-Unit KFC Portfolio in Central & Southeastern U.S.
LOS ANGELES, May 21, 2024 /PRNewswire/ -- Triton Pacific Capital Partners (Triton Pacific) is pleased to announce the successful acquisition by its affiliate, Tasty Chick'n, of a 64-unit KFC portfolio situated in the Central & Southeastern U.S. This strategic acquisition marks significant expansion for Tasty Chick'n and underscores Triton Pacific's commitment to investing in attractive, high-potential opportunities within the quick-service restaurant sector.
TRITON PACIFIC CAPITAL PARTNERS ANNOUNCE PARTNERSHIP WITH INTEGRATED PAIN ASSOCIATES
Triton Pacific Capital Partners, a Los Angeles-based private equity firm, is pleased to announce a partnership with Integrated Pain Associates (“IPA”). Integrated Pain Associates (https://ipaclinic.com/) is a leading minimally invasive spine and pain platform based in Central Texas with a talented team of nine physicians and eleven advanced practitioners operating out of six clinics and two ambulatory surgery centers.
UNIO HEALTH PARTNERS ANNOUNCES A PARTNERSHIP WITH INSITE DIGESTIVE HEALTH CARE
Triton Pacific Affiliate Acquires Portfolio of 27 Pizza Hut Restaurants
Urology Partners of America Changes its Name to Unio Health Partners
Urology Partners of America, a leading urology, gastroenterology, and radiation oncology physician services platform in the Western United States is pleased to announce its rebranding as Unio Health Partners ("UHP"). UHP, a Triton Pacific Capital Partners ("Triton Pacific") portfolio company, was founded in 2021 as Urology Partners of America.
TASTY BRANDS, LP - Q4 2021 PORTFOLIO PERFORMANCE UPDATE
Highlights for the fourth quarter of 2021 versus the fourth quarter of 2020 include:
Total restaurant sales increased 16.6% to $56.0 million compared to $48.0 million in the fourth quarter of 2020. For the full year, total restaurant sales of $231.7 million are +36% compared to total restaurant sales of $170.4 million in 2020.
Adjusted restaurant-level EBITDA1 was $5.8 million compared to $6.0 million in the prior year quarter. Fiscal year 2021 adjusted restaurant-level EBITDA of $27.0 million compared to $16.1 million in 2020, a +68% change.
Adjusted income from operations2 increased to $3.4 million from $2.9 million in the prior year quarter, and increased +136% on a full-year basis, with $16.6 million in 2021 compared to $7.0 million in the prior year.
Loan-to-value for consolidated restaurant operations was 17.8%3 as of year-end 2021.
As of December 29, 2021, the Company owned 253 restaurants, including 69 Burger King and 184 Pizza Hut locations.
Triton Pacific Affiliate Acquires Portfolio of 90 KFC and KFC/Taco Bell Restaurants
Urology Partners Of America Announces A Partnership With West Coast Urology
Urology Partners of America (“UPA”) (https://www.uropartner.com/), a Triton Pacific Capital Partners (“Triton Pacific”) portfolio company, is pleased to announce a partnership with West Coast Urology (“West Coast”), which joins the platform as the
Tasty Brands, LP - Q3 2021 Portfolio Performance Update
Highlights for the third quarter of 2021 versus the third quarter of 2020 include:
Total restaurant sales increased 33.9% to $50.9 million compared to $38.1 million in the third quarter of 2020. On a year-to-date basis, total restaurant sales of $175.7 million are +43.6% to total restaurant sales of $122.4 million in the prior year period.
Adjusted restaurant-level EBITDA1 increased to $5.4 million from $3.3 million in the prior year quarter. Year-to-date adjusted restaurant-level EBITDA of $21.2 million compares to $10.1 million in the prior year, a +109.2% change.
Adjusted income from operations2 increased to $2.7 million from $1.4 million in the prior year quarter, and increased +218% on a year-to-date basis, with $13.1 million in 2021 compared to $4.1 million in the prior year.
Urology Partners Of America Announces A Partnership With Physicians Formerly Affiliated With The Skyline Urology Group
Urology Partners of America (“UPA”) (https://www.uropartner.com/), a Triton Pacific Capital Partners (“Triton Pacific”) portfolio company, is pleased to announce a partnership with certain physicians formerly affiliated with the Skyline Urology group. The former Skyline partners join the platform as the newly formed Greater Los Angeles Division, the second major division in UPA.