August 2, 2022

New York, NY, August 2, 2022 – U.S. Foot & Ankle Specialists, LLC (“USFAS”), a portfolio company of NMS Capital (“NMS”), announced today that it has acquired Foot & Ankle Specialists of Central PA, PC (“Foot & Ankle Specialists” or the “Practice”), which operates a practice in Mechanicsburg, Pennsylvania.

Founded in 2016, Foot & Ankle Specialists specializes in treating a wide variety of foot and ankle conditions, including heel pain, arthritis, ingrown toenails, bunions, diabetic feet, and more. Using such treatment options as MLS laser therapy, 3D bunion correction, and extracorporeal pulse activation technology (EPAT), the doctors and staff strive to take advantage of up-to-date technologies and methods to provide patients the most effective treatment for a full range of podiatric conditions.

With three Board-Certified physicians on staff, Foot & Ankle Specialists is fully equipped to meet the needs of its patients. Dr. Terry Clarke, who founded the practice, is Board Certified in reconstructive surgery of the foot and ankle, podiatric medicine and orthopedics, and wound care. Dr. Karen Leonard is Board Certified in foot surgery and wound care, and Dr. Lauren Coe is Board Certified by the American Board of Podiatric Medicine. All three doctors also train residents in the Pinnacle Health Podiatric Medicine and Surgery Residency Program.

“Along with Drs. Leonard and Coe, I am very happy to be partnering with USFAS. We are excited to be able to leverage the support systems and infrastructure to continue to deliver high quality care to our patients,” said Dr. Clarke. “Joining the USFAS network will enable our practice to focus on patient care and ensure we’re equipped to maintain our commitment to working with everyone who visits us for lower extremity treatment.”

“Foot & Ankle Specialists is a trusted, friendly, and highly-skilled team of podiatrists, and I’m excited to welcome them to the USFAS network,” said Cotton Hawes, Chief Executive Officer at USFAS. “We understand and admire the level of commitment these doctors put into their practice, and look forward to supporting them as they reach new patients and expand their capabilities.”

With this partnership, Foot & Ankle Specialists will benefit from USFAS’ extensive administrative and support services, which include top-of-the-line information technology, a dedicated clinical compliance team, electronic medical records, payor credentialing and contracting, revenue cycle management, human resources, finance and accounting, 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 approximately 100 offices in Maryland, Virginia, Pennsylvania, North Carolina, Delaware, West Virginia, Ohio, New Jersey, and Washington, D.C., and about 150 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

Founded in 2010, NMS Capital is an experienced private equity firm managing assets in excess of $1.4 billion. Since inception, NMS has partnered with management teams in over 100 investments and follow-on acquisitions across defined investment themes within the Business Services and Healthcare Services industries. The firm’s principal strategy is to create long-term value by providing strategic and operational resources to growth-oriented companies led by founders or experienced management teams. NMS has a track record of successfully building industry leading lower middle market companies in defensible and scalable end markets by accelerating organic and acquisition-driven growth. For additional information on NMS, please visit the firm’s website at www.nms-capital.com. Follow NMS Capital on www.linkedin.com/company/nms-capital.

For Further Information

Brett Richey
Executive Chairman
US Foot & Ankle Specialists
(434) 373-0720
www.footandankle-usa.com