New York, NY, July 6th, 2020 – U.S. Foot & Ankle Specialists, LLC (“USFAS”), a portfolio company of NMS Capital (“NMS”), announced today that it has acquired Ryan Foot & Ankle Clinic. Ryan Foot & Ankle Clinic was opened in 1991 by Michael Ryan, DPM. Today, Ryan Foot & Ankle Clinic has grown to 5 Charlotte, NC-area offices and 6 providers in Ballantyne, Concord, Harrisburg, South Park, and University area.
“Dr. Ryan and his team exemplify quality patient care and patient satisfaction; they are influential in their community and will be a great asset to our growing podiatry group practice. We are excited for Dr. Ryan, his fellow podiatrists, and clinical support staff to join the USFAS family. Our partnership with NMS offers us the continued support and resources to execute on our stated strategy of partnering with high-quality practices and providers as we seek to build USFAS as the provider of choice in the podiatric industry,” said Brett Richey, Chief Executive Officer of USFAS.
Dr. Michael Ryan commented, “We are very pleased to join USFAS, a podiatry group practice that puts patient care ahead of all else. Our patients will continue to receive personal podiatry services from our podiatrists who emphasize quality care and patient satisfaction. We are looking forward to the support and resources of being part of a leading podiatry platform.”
As part of the affiliation, Ryan Foot & Ankle Clinic will benefit from USFAS’ extensive administrative and support services, including investments in clinical compliance, information technology, electronic medical records, revenue cycle management, payor credentialing and contracting, finance and accounting, human resources and business development.
About U.S. Foot & Ankle Specialists
USFAS is a leading provider of podiatric services providing a full range of specialty services for the advanced treatment of foot and lower extremity conditions. Headquartered in Rockville, Maryland, USFAS provides services through a growing network of nearly 60offices in states including Maryland, Virginia, Pennsylvania, North Carolina and Washington, D.C., and over 90 Board Certified and Board Qualified podiatrists. USFAS is an affiliate of Foot & Ankle Specialists of the Mid-Atlantic and NMS Capital, with plans to expand nationally.
For additional information on USFAS, visit the company’s website at www.footandankle-usa.com
About NMS Capital
NMS Capital is a New York headquartered private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. The Firm was formed through the spin-out of a group of portfolio companies from the Goldman Sachs Merchant Banking Division. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends with particular concentration on companies in Healthcare Services and Specialized Business Services.
For additional information on NMS, visit the firm’s website at nms-capital.com
Executive Vice President
US Foot & Ankle Specialists