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Spindletop Pain Holdings and Tricity Pain Completes Acquisition of Advanced Consultants in Pain Care

SAN ANTONIO and AUSTIN, Texas., Nov. 5, 2019 /PRNewswire/ --ASpindletop Pain Management Holdings, LLC and Tricity Pain Associates, P.A. a leading provider of pain management services, announced that it had acquired Advanced Consultants in Pain Care (ACPC) and the Interventional Practice of Dr Darius Zagunis.A Located in the Stone Oak area of San Antonio, TCPA and ACPC will continue to provide a multi-disciplinary approach for broad range of Pain Patients in San Antonio area.A Spindletop Pain Management Holdings partnered with Tricity Pain Associates in 2018 to build a leading integrated platform in pain management services.AThe organization has 27 providers across 17 clinics, including three ASCs in Texas.ATricity Pain Associates is a leading provider of integrated pain management care, ambulatory surgery centers, and ancillary patient treatment across Texas.A This investment is another in a series of acquisitions by Spindletop Capital to develop a premier national provider of pain management services. SCM's and TPA's joint mission is to create the leading provider of pain management care, consolidating providers of the highest quality pain management, physical medicine, and rehabilitation (PM&R), sports medicine, and addiction medicine with integrated ancillary treatments across the region.ASpindletop has an established network of seventeen clinical locations and ambulatory surgery centers in theASan AntonioAmetro as well asANew Braunfels,ACorpus Christi,AAustin, Dallas, and Houston.A The new partnership will grow through the acquisition of independent pain management practices, the opening of new clinical sites and acceleration of the Company's recruitment efforts. Dr.AUrfan Dar, CEO of Tricity Pain Associates, commented, "The physicians of TCPA are tremendously excited about our growth and partnership with ACPC and Dr. Zagunis. The fact that Dr Zagunis is top-notch physician and will be able to provide continued multidisciplinary care in Stone Oak and surrounding San Antonio market enables us to care for a broader group of patients providing needed quality interventional pain care with limited use of opioid medications.""The future of pain management lies with an integrated, multi-disciplinary approach to providing care," noted Dr.AEvan Melrose, Founding Managing Director of Spindletop Capital. He continued, "Dr. Zagunis and his colleagues will enable our organization to provide high-quality care to our patients.AHe shares our vision of a comprehensive multi-modality approach to pain management.AWe look forward to our partnership with Dr. Zagunis and ACPC. By aligning interests with our patients and providers, we enable our physicians to remain clinically independent but leverage the resources of the Spindletop organization."Physician Growth Partners and Patzik, Frank & Samotny were advisors to ACPC. McDermott WillA& Emery provided legal counsel to SCM.
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