Coker Capital



Coker Capital Advisors Advises in Sale of Three Ambulatory Surgery Centers to Surgical Care Affiliates

Atlanta, GA/Charlotte, NC – Coker Capital Advisors announced today that a portfolio of premier ambulatory surgery centers ("ASCs") based in Connecticut has been acquired by Surgical Care Affiliates ("SCA"). The portfolio included River Valley Ambulatory Surgery Center ("RVASC"), Surgical Center of Connecticut ("SCC"), and Western Connecticut Orthopedic Center ("WCOSC"). These ASCs were owned by physician shareholders and Merritt Healthcare Solutions ("Merritt"), who also provided management services. These assets represent premier multi-specialty surgical facilities where approximately 70 physicians perform orthopedic, ENT, urology, GI, and other general procedures. Post-transaction, the physician shareholders will remain partners in each facility and SCA will provide capital and operational support to the portfolio. Coker Capital served as the lead advisor to the portfolio and its shareholders in the transaction. Terms of the transaction were not disclosed.

About Merritt Healthcare Solutions

Merritt Healthcare Solutions, based in Ridgefield, Connecticut, manages and owns one of the largest portfolios of ASCs in the state of Connecticut. Merritt’s wide range of experience includes single and multi-specialty ASCs to hospital outpatient departments. Merritt differentiates itself as an owner operated firm committed to direct principal involvement in all aspects of development and management.

For additional information on Merritt, visit the company’s website at 

About Surgical Care Affiliates

Surgical Care Affiliates, Inc., based in Deerfield, Illinois, owns and operates a network of multi-specialty ASCs and surgical hospitals across the United States. SCA’s ASCs and surgical hospitals primarily provide the facilities, equipment, and medical support staff for physicians to perform non-emergency surgical and other procedures in various specialties. SCA operates as a subsidiary of Optum / UnitedHealth (NYSE: UNH).

For additional information on SCA, visit the company’s website at 

About Coker Capital Advisors

Coker Capital Advisors is a healthcare-focused investment bank offering mergers and acquisitions, capital raising, and other strategic advisory services to privately and publicly owned middle market healthcare companies. The firm’s website is

Securities services provided by a registered broker-dealer. Coker Capital Securities, LLC, doing business as Coker Capital Advisors, was acquired by Fifth Third Securities, Inc. in February of 2018.