Senior advisor on every engagement
Michael Furlong and David Goldstein personally lead every deal we take on. No first-year associates, no warm hand-offs. The senior advisor you meet on day one is the senior advisor who closes your deal.
About the Firm
Built by healthcare practice operators. Run like an investment bank.
1st Med Capital Partners is a confidential sell-side M&A advisory firm built specifically for middle-market healthcare practice owners — representing physician-owners across dental, dermatology, plastic surgery, orthopedics, gastroenterology, and ophthalmology in transactions with PE platforms, family offices, and strategic acquirers.
Speak with an advisor: (800) 815-0590Lineage
A division of 1st Med Transitions — over $532M in closed healthcare practice transactions since 2010
Coverage
National sell-side coverage across U.S. middle-market healthcare practices
Where We Come From
A boutique built on fifteen years of healthcare practice transactions
1st Med Capital Partners is a division of 1st Med Transitions — one of the longest-tenured independent healthcare practice transaction firms in the country. Since 2010, the 1st Med family of firms has represented practice owners in over $532 million of closed transactions, and has built working relationships with more than 100 DSO platforms, PE sponsors, and strategic acquirers nationally.
As the dental market matured and PE consolidation spread into dermatology, ophthalmology, gastroenterology, orthopedics, and plastic surgery, a new kind of seller emerged: the middle-market practice owner with $1M–$10M+ in EBITDA, fielding direct inquiries from PE platforms, and needing institutional sell-side representation rather than commission brokerage or generalist investment banking.
1st Med Capital Partners was launched to be exactly that — an institutional sell-side advisory firm built specifically for middle-market healthcare practice owners, leveraging the buyer relationships and sector knowledge accumulated over fifteen-plus years in the space.
Our Approach
Four principles that shape every engagement
Boutique by design, institutional by discipline. These are the standards we hold ourselves to on every deal we take on.
Confidentiality first, always
Every conversation begins under NDA. Your team, your patients, your referral sources, and your local market do not learn that your practice is being explored unless and until you decide they should.
Structured process, not pitch
We don't shop your practice. We run a disciplined sell-side process: confidential market launch, qualified competing buyers, defined timeline, and a controlled negotiation that exposes the value direct outreach can't.
Specialty depth, not generalist breadth
Six healthcare practice areas, deep buyer relationships in each, and underwriting models that mirror how the buyers actually price your practice. We don't advise on businesses we don't understand.
Your Advisors
Meet the partners
Capital Partners is led by two senior advisors. Both lead engagements personally; both bring complementary backgrounds across healthcare practice finance, transaction management, and sell-side M&A representation.
Michael Furlong
Managing Partner · Founder
Mike founded 1st Med Capital Partners to bring institutional-grade M&A representation to middle-market healthcare practice owners selling to private equity and family offices. His earlier role as Director of Practice Lending at 1st Med Financial — a boutique medical practice finance firm — gave him the capital-side perspective and institutional buyer relationships that anchor Capital Partners' sell-side work today. Mike holds B.S. degrees in Finance and Management Information Systems from the University of Central Florida, and serves as CEO of parent firm 1st Med Transitions.
David Goldstein
Managing Partner
David leads Capital Partners' deal execution: valuations, financial modeling, deal structuring, and transaction management from confidential market launch through close. He brings 10+ years in practice M&A and an earlier career as a Financial Advisor at Wells Fargo, where he developed the institutional-finance discipline that shapes his approach to physician-seller engagements today. David holds a B.S. in Finance from Florida Atlantic University.
[ Photo: boardroom, urban skyline, or atmospheric architectural imagery ]
Why We Exist
Middle-market practice owners deserved better representation.
Most practice owners get one of three options when it's time to sell: a commission-only broker who pushes for a fast close, a large investment bank that doesn't understand the operational nuance of a healthcare practice, or direct outreach from a PE platform with no representation at all. 1st Med Capital Partners exists to be the institutional fourth option — sell-side advisory built specifically for middle-market healthcare, by people who know the buyers and the businesses both.
Request a Confidential Valuation$532M+
In closed healthcare practice transactions across the 1st Med family of firms since 2010
100+
DSO platforms, PE sponsors, and strategic buyer relationships
20+
Middle-market Capital Partners engagements to date
6
Healthcare specialty practice areas served
Begin a Conversation
Speak with a senior advisor.
Every conversation begins under NDA. Whether you're actively considering a sale or simply gathering information about your options, a confidential discussion with a senior Capital Partners advisor is the right place to start.
(800) 815-0590