PMG Partners Acquires GIT

LOS ANGELES, CA, December 22, 2008 – PMG Partners, LLC, a portfolio company of Bertram Capital, announced today it acquired Global Information and Transcription Technologies, LLC (GIT), a San Diego, CA-based technology-enabled provider of transcription, coding and billing services to corporate-managed and physician-owned ambulatory surgery centers (ASCs) across the United States. Financial terms were not disclosed.

“The acquisition of GIT brings additional scale to our best-in-class, ASC-specific coding expertise and a transcription service offering to PMG and MEDIBIS,” said Ed Gallo, CEO of PMG Partners. “PMG will offer a compelling end-to-end revenue cycle solution for ASCs and is strongly committed to continuing to provide world-class service to GIT’s customers.”

Ken Drazan, M.D., Chairman of PMG, added, “The acquisitions of MEDIBIS earlier this year and GIT today strengthen PMG’s position as the largest provider of coding, billing, collections and outsourced services to ASCs and specialty physicians. We are excited about the Company’s prospects, and continue to actively seek technology-enabled acquisitions to build out the PMG platform and provide the highest quality solution possible to our customers.”

Mona Kaul, Founder and CEO of GIT, and her team will continue their employment with the company. GIT was represented by TripleTree, LLC.

About PMG Partners, LLC:
Located in Los Angeles, CA, PMG Partners is the largest provider of technology-enabled revenue cycle services, including coding, billing, and collections, to ambulatory surgery centers and specialty physicians. It serves more than 400 facilities and physician groups in 20 states.
www.pmgpartners.net

About Global Information and Transcription Technologies, LLC:
Located in San Diego, CA, GIT provides healthcare business services that focus on accurate medical transcription, coding and billing for maximum office efficiency and cost reduction. GIT was founded in 1997 and provides these revenue cycle services to ambulatory surgery centers, as well as hospitals, medical centers, private physician practices and clinics.

About Bertram Capital:
Located in Palo Alto, California, Bertram Capital Management is a private equity investment firm with $350 million in capital under management.  Bertram Capital is committed to providing meaningful operational and strategic resources to facilitate rapid growth in revenue and profitability.  Bertram Capital’s mission is to build value for equity holders, employees, customers, and partners by helping already profitable companies realize their full potential.  www.bertramcapital.com