Overview of the Strategic Partnership
Fort Lauderdale - Cross Keys Capital, an independent investment banking firm that specializes in mergers and acquisitions, has proudly served as the exclusive financial advisor for Illinois CancerCare (ILCC) during their strategic partnership with The US Oncology Network (The Network). This collaboration is expected to enhance healthcare services in the Central Illinois area, providing improved support for oncology practices.
About Illinois CancerCare
Illinois CancerCare operates 14 service locations throughout Central Illinois. The organization is supported by a team of 21 physicians and 37 advanced practice providers who specialize in medical oncology and hematology. They also offer ancillary services, including specialty retail pharmacy, genetic testing, imaging, research, and clinical trials. As the largest independent oncology practice in the Midwest, ILCC has built a strong reputation in the medical community over nearly five decades.
Leadership and Expertise
At the helm of ILCC are President Paul Fishkin, MD, and Executive Vice President Madhuri Bajaj, MD, along with a committed team of shareholder physicians. Their leadership has established ILCC as a prominent entity both regionally and nationally within the field of medical oncology.
Insights from the Transaction
Reflecting on the partnership, Dr. Paul Fishkin noted the exceptional support provided by Cross Keys Capital, emphasizing how they guided the ILCC team through each step of the process. Dr. Madhuri Bajaj highlighted the complexity of the transaction and credited the Cross Keys team for their expertise and support, which contributed to the successful formation of the partnership.
Perspective from Cross Keys Capital
Bill Britton, Co-Founder and Managing Director of Cross Keys Capital, shared his excitement about the partnership, pointing out that The Network aligns perfectly with ILCC’s vision and values, bringing essential resources to help expand their services. This marks Cross Keys’ third medical oncology transaction since 2023, further establishing their position as a significant player in the independent oncology group sector.
Background on Cross Keys Capital
Cross Keys Capital is well-known for providing a wide array of investment banking services, primarily focusing on middle-market businesses across various industries, including healthcare services and niche manufacturing. The firm’s healthcare team has received recognition for their expertise in facilitating mergers and acquisitions, successfully completing over 100 transactions to date.
Contact Information
For more information about Cross Keys Capital or to explore potential partnerships or sales opportunities, please contact Bill Britton, Co-Founder and Managing Director, at 954-410-1936 or via email at bbritton@ckcap.com.
Frequently Asked Questions
What is the main outcome of the partnership between ILCC and The Network?
The partnership aims to enhance healthcare services and support for oncology practices in the region.
Who are the key leaders at Illinois CancerCare?
The leadership team includes President Paul Fishkin, MD, and Executive Vice President Madhuri Bajaj, MD.
How long has Illinois CancerCare been in operation?
Illinois CancerCare has been serving the Central Illinois marketplace for nearly 50 years.
What services does Illinois CancerCare provide?
ILCC offers medical oncology, hematology care, specialty retail pharmacy, genetic testing, imaging, research, and clinical trials.
How can one contact Cross Keys Capital for inquiries?
Interested parties can contact Bill Britton at 954-410-1936 or email bbritton@ckcap.com.
