03/27/2026
Citizens Serves as Exclusive Financial Advisor to Lync Health Partners on its Majority Recapitalization by United Surgical Partners International
PROVIDENCE, RI - Citizens Capital Markets & Advisory announced today that it served as exclusive financial advisor to Lync Health Partners on its majority recapitalization by United Surgical Partners International, an operating subsidiary of Tenet Healthcare Corporation (NYSE: THC).
Lync Health Partners is an orthopedic ambulatory surgery center with a complementary management services organization and orthopedic walk-in clinic. Lync Health Partners was previously majority-owned by Atlanta, GA-based MSouth Equity Partners.
During its partnership with MSouth, the company added to its physician partnership and vertically integrated with an orthopedic walk-in clinic and MSO, which expanded the company’s capabilities.
“The Citizens team was a trusted advisor, providing high effort and valuable support throughout the transaction,” said Jerry Nowlin, principal at MSouth. “Their persistence, commitment to the process and deep understanding of Lync’s business helped us achieve a great outcome for all parties.”
“Drawing on our extensive experience advising healthcare services companies, we worked with MSouth and Lync to drive this transaction to a successful conclusion. We look forward to following their continued success,” said Christian Peng, managing director at Citizens.
Citizens Capital Markets & Advisory offers investment banking, research, sales and trading activities as part of our institutional broker-dealer, Citizens JMP Securities, LLC, a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $226.4 billion in assets as of December 31, 2025. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail, private banking, wealth management and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. Consumer Banking includes Citizens Private Bank and Private Wealth, which integrate banking services and wealth management solutions to serve high- and ultra-high-net-worth individuals and families, as well as investors, entrepreneurs and businesses. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X, LinkedIn or Facebook.
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