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news.Beecken Petty O'Keefe & Company, a private equity firm focused on healthcare, has acquired RDA Sterling Holdings, doing business as Sterling Healthcare, from Resurgence Asset Management. Terms of the transaction have not been disclosed.
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Sterling is a clinical contract management company. It is engaged in emergency medicine and hospitalist services providing hospitals with medical professionals and management of their emergency departments and hospitalist services.
Robert Bunker, chairman, president and CEO of Sterling Healthcare, said: “This transaction solidifies Sterling’s financial strength and positions the company for significant growth moving forward. We are delighted to have Beecken Petty O’Keefe & Company as our new financial partner.”