Quilvest Capital Partners has announced it has acquired a majority interest in UrgentMED.
UrgentMED, based in West Hollywood, Calif., is an independent network of urgent care clinics in Southern California. Founded in 2007, the organization currently operates 35 locations.
Quilvest, with its North American operations based in New York, is the multi-strategy alternatives division of the Quilvest Group. The company’s “private equity direct team” pursues majority or influential minority positions in lower middle market companies in a wide range of sectors, including healthcare.
Terms of the investment were not disclosed.