Latticework Capital Management (LCM) has announced an investment in First Medical Associates (FMA).
FMA, founded in 2008 and based in Germantown, Maryland, is a primary care provider with 11 clinics across Maryland.
LCM, founded in 2015 and based in Dallas, makes control equity investments in the lower middle market. The firm focuses exclusively on healthcare, specifically the provider services, hospital/major facilities, life sciences/pharmaceutical (pharmaceutical services and contract manufacturing for medical equipment/devices) and non-reimbursement industries. Latticework prefers to make more substantial investments from a dollars perspective.
McGuireWoods LLP served as legal counsel to Latticework.
Terms of the investment were not disclosed.