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Gastro Care Partners Announces David Pyle as Chief Executive Officer

Gastro Care Partners (“GCP”), one of the largest providers of gastroenterology services and ancillary patient treatment services in Colorado and Wyoming, today announced that David Pyle has joined the company as Chief Executive Officer.

As CEO, Mr. Pyle will continue to support GCP’s growth trajectory and expand its footprint through the continued development of ambulatory surgery centers, the introduction of new, value-added ancillary service lines, the expansion of partnerships with key hospitals and health systems, and the execution of accretive M&A opportunities with like-minded, growth-oriented physician shareholders. Mr. Pyle comes to GCP with significant experience in healthcare services and scaling healthcare operations. Among several past healthcare services posts, he most recently served as Chief Operating Officer of Solis Mammography, a leading provider of women’s imaging and multi-modality radiology ambulatory services. At Solis, Mr. Pyle oversaw significant growth efforts through both acquisition and de novo development. He has also held senior roles at Adeptus Health, Surgery Partners and Novamed.

“We are thrilled to have someone of David’s experience and energy joining GCP to lead the Company into its next phase of growth. David’s proven track record of success working with industry-leading providers and supporting their sustainable growth will be key for GCP as we execute on our strategic growth plan,” said David Alpern, Varsity Healthcare Partners Co-Founding Partner. “I also would like to thank our outstanding team of providers and leaders, who steered the ship while we completed a thoughtful search for our next CEO.”

David Pyle added, “I could not be more excited to join Gastro Care Partners and work with Varsity Healthcare Partners. GCP has a remarkable team, and it is a privilege to serve alongside them as we further develop and grow the organization while continuing its legacy of providing the highest quality care to the patients we serve.”

GCP is backed by Varsity Healthcare Partners, a leading healthcare services private equity investment firm, and is the parent company of both Peak Gastroenterology Associates and Gastroenterology Associates, P.C. With over 25 physicians on staff, GCP performs services at over 20 locations across Colorado and Wyoming.

ABOUT GASTRO CARE PARTNERS

Based in Denver, Colorado, Gastro Care Partners (“GCP”) is a leading partner for high-performing, quality and patient-focused gastroenterology practices. GCP provides a full spectrum of services and resources to help its family of practices thrive while fostering the unique identities that have made them so successful. To learn more, visit www.gastrocarepartners.com.

ABOUT VARSITY HEALTHCARE PARTNERS

Varsity Healthcare Partners (“VHP”) is a leading lower middle-market healthcare services private equity investment firm, targeting exclusively multi-site healthcare provider platforms or businesses providing outsourced services, technology, or tools to healthcare providers and/or payers. VHP’s tactical investment strategy emphasizes identifying and transacting with growth-seeking, provider-owned or founder-owned companies, leveraging VHP’s developed “buy and build” playbook to drive significant operational, managerial enhancement early in the life of each platform investment, followed by a well-resourced aggressive and multidimensional growth plan. VHP’s unique tactical investment playbook and strong track record is complemented by VHP’s distinct organizational culture, emphasizing highly collaborative engagement, strong professional accountability, and a commitment to excellence in work product and team performance.

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