Pittsburgh, PA 15601, US
Healthcare
www.medtechhealthcaregroup.com
MedTech Healthcare Group is the largest state licensed outpatient treatment facilities treating opiate addiction in Westmoreland and Indiana Counties PA. The company was started in Aug 2006 with consistent and steady growth since inception.
MedTech is looking to take advantage of this highly fragmented business of opiate addiction treatment buy performing a quick roll up strategy of already targeted acquisitions in our geographic region. This area of behavioral healthcare is a $239B dollar a year industry growing at a annual rate of 12%. The company already has 3 MMT ( Methadone Maintenance Treatment) locations with $3M in revenue with $900k to $1M in EBITDA. ( average profit margins in this business are 30-40%) We have the experience and team to grow this company into 22 locations with $30M in sales, $9M in EBITDA and exit strategy of either IPO, continued growth or selling to PE for 10 times EBITDA or $90M which has been achieved numerous times over the last few years by competitors doing the exact same rollup strategy. The company currently has over 50 employees with over 40,000 sq ft in space. This is extremely profitable and hot segment currently which has a limited time frame to act.
MedTech HCG is the largest MMT clinic in Westmoreland County PA ( 25 min east of Pittsburgh ) and the only MMT clinic in Indiana County PA ( 45 min east of Pittsburgh ). The company just opened two brand new treatment centers in Uniontown PA and Ross Township PA which will start treating patients in Sept 2015. We currently treat over 700 patient daily and over 10,000 since inception.
MedTech HCG is the largest MMT clinic in Westmoreland County PA ( 25 min east of Pittsburgh ) and the only MMT clinic in Indiana County PA ( 45 min east of Pittsburgh ). The company just opened two brand new treatment centers in Uniontown PA and Ross Township PA which will start treating patients in Sept 2015. We currently treat over 700 patient daily and over 10,000 since inception.