Stout, a global advisory firm, recently announced its acquisition of HealthCare Appraisers, Inc., a provider of healthcare valuation and consulting services. HealthCare Appraisers has been a market leader in healthcare valuation for over two decades and has proven track record of delivering exceptional service to its clients, according to a press release.
This strategic move underscores Stout’s commitment to expanding its healthcare valuation capabilities and further solidifies its position in the valuation industry, according to the company.
Stout welcomes HealthCare Appraisers’ team of approximately 70 professionals to the firm’s valuation advisory group, expanding Stout’s expertise in healthcare compensation valuation and enhancing their capabilities in business valuation, machinery and equipment valuation, and real estate valuation.
The team is led by founder and managing partner Daryl Johnson, who was named as a managing director in Stout’s valuation advisory group.
“Stout’s acquisition of HealthCare Appraisers is a significant milestone in our growth journey,” Greg O'Hara, president of the valuation advisory group at Stout, said in the release. “This strategic move strengthens our healthcare expertise and enhances our service offering, enabling us to help our healthcare clients tackle the unique challenges of the industry more effectively.”
The deal marks Stout’s sixth acquisition since Audax Private Equity’s investment in November 2021. McDermott Will & Emery served as special ESOP counsel. The acquisition of HealthCare Appraisers was finalized on May 16, with legal counsel provided by Winston & Strawn LLP.
“Joining forces with Stout marks an exciting new chapter for HealthCare Appraisers,” Johnson said. “This strategic partnership not only enhances our ability to deliver exceptional service and value to our clients but also presents exciting opportunities for growth and innovation of our capabilities.”