First Choice Healthcare Solutions, Inc. acquired additional 25% stake in Crane Creek Surgical Partners, LLC from HMA Blue Chip Investments, LLC for $0.4 million.
February 08, 2018
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First Choice Healthcare Solutions, Inc. (OTCPK:FCHS) entered into an agreement to acquire additional 25% stake in Crane Creek Surgical Partners, LLC from HMA Blue Chip Investments, LLC for $0.4 million on January 31, 2018. Under the terms of the agreement CCSC will acquire from Blue Chip 24.05 Class B Units of membership interest in the Center for cash consideration of $0.4 million. As a result of the Transaction, CCSC will have a 65% ownership interest in the Center.
Richard G. Satin of Schnader Harrison Segal & Lewis LLP acted as legal advisor to Crane Creek Surgical Partners. Scott C. Palecki of Foulston Siefkin, LLP acted as legal advisor to Blue Chip Invesments, LLC.
First Choice Healthcare Solutions, Inc. (OTCPK:FCHS) completed the acquisition of additional 25% stake in Crane Creek Surgical Partners, LLC from HMA Blue Chip Investments, LLC on February 7, 2018.
First Choice Healthcare Solutions, Inc. is a provider of integrated healthcare services. The Company is focused on developing a national chain of primary care and wellness clinics focused on providing life improvement services (anti-aging, weight management, and hormone replacement) and pharmacy services, across United States of America. The Company also provides rehabilitative services, such as physical therapy.
First Choice Healthcare Solutions, Inc. acquired additional 25% stake in Crane Creek Surgical Partners, LLC from HMA Blue Chip Investments, LLC for $0.4 million.