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H.I.G. Growth Partners invests in Pinnacle GI Partners

An affiliate of H.I.G. Growth Partners LLC invested in Pinnacle GI Partners, the affiliated management services organization for The Center for Digestive Health.

Partha Nandi will be president and practice CEO for Pinnacle and Scott Fraser, the former president of Practice Management at Physicians Endoscopy and a former founding executive of EndoChoice Inc., will join Pinnacle's board.

Deerpath Capital Management provided the debt financing to support the recapitalization.

KPMG was financial adviser and Foley & Lardner LLP was legal adviser to The Center for Digestive Health.

Will & Emery was legal adviser to H.I.G. in the transaction.