The 250 million investment finalized on December 29, 2015 is a combination of equity and debt.

Proceeds will support growth initiatives at DMGs practice management company, DMG Practice Management SolutionsMPAS (Midwest Physician Administrative Services).

Under the terms of the agreement, DuPage Medical Group (DMG) will remain 100-percent physician-owned-and-directed, and DMG physicians will retain majority ownership in DMG Practice Management SolutionsMPAS.

Summit Partners understands that our patient-focused, doctor-directed culture is crucial to our mission, and they are completely supportive of it.

This partnership provides access to capital and strategic support for DMGs growth initiatives including population health, expansion into new geographies and opening additional clinical lines of service and will help to enhance our ability to reach and treat patients.

Physicians, physician extenders, therapists and designated health services, such as diagnostic imaging and radiation oncology, will all remain within DMG.

DMG will continue to be governed by its current Board of Directors, who are practicing physicians.

Mike and the entire team at DuPage Medical Group have done a remarkable job in building this business embracing technology and truly setting the standard for patient care in one of the nations biggest health care markets.

Summit has invested in more than 430 companies in healthcare, life sciences, technology and other growth sectors.

These companies have completed more than 135 public offerings, and more than 160 have been acquired through strategic mergers and sales.

Notable healthcare companies backed by Summit Partners include Anesthetix, HealthCare Partners, Lincare, MEDNAX, National Veterinary Associates and Surgical Affiliates Management Group.

Summit maintains offices in North America and Europe, and invests in companies around the world.

In the United Kingdom, this document is issued by Summit Partners Limited, a firm authorized and regulated by the Financial Conduct Authority.

Summit Partners Limited is a limited company registered in England and Wales with company number OC388179, and its registered office is at 2022 Bedford Row, London, WC1R 4JS, UK.

This document is intended solely to provide information regarding Summit Partners potential financing capabilities for prospective portfolio companies.

Mike Kasper Dmg Salary