Warburg Pincus to Acquire CityMD
April 18, 2017
Cleary Gottlieb is representing long-time client Warburg Pincus in its acquisition of CityMD, which was announced on April 18, 2017.
CityMD is the leading urgent care provider in the New York metro area. Warburg Pincus’s investment will be used to accelerate CityMD’s expansion through new site openings and strategic acquisitions and partnerships. Terms of the transaction have not been disclosed.
Founded in 2010, CityMD urgent care is dedicated to setting a new standard of medical care for patients and an enriching work environment for its employees. The company’s “People First” philosophy and state-of-the-art personalized health care delivery system has taken CityMD from a single Upper East Side practice in Manhattan to 68 clinics in Manhattan, Long Island, Westchester, New Jersey, Brooklyn, Staten Island, the Bronx and Queens.