Ascend Capital Partners has completed an equity investment in Medical Specialists of the Palm Beaches (MSPB), according to a news release.
MSPB, based in Boynton Beach, Fla., is a primary care and multi-specialty provider serving South Florida. Founded in 1995, the organization states it has more than 85 providers in more than 25 locations who deliver primary care, cardiology, neurology, hematology/oncology, concierge medicine and laboratory services.
Ascend Partners, founded in 2019 and based in New York, is a growth-oriented, healthcare-focused private equity firm.
Terms of the investment were not disclosed.