Stout Acquires HealthCare Appraisers, Inc.

Stout is pleased to announce the acquisition of HealthCare Appraisers, Inc., a premier provider of healthcare valuation and consulting services. HealthCare Appraisers has been a market leader in healthcare valuation for over two decades and brings unparalleled expertise and a proven track record of delivering exceptional service to its clients. This strategic move underscores Stout's commitment to expanding its healthcare valuation capabilities and further solidifies its position as a leader in the valuation industry.

Stout welcomes HealthCare Appraisers' team of approximately 70 professionals to the firm's Valuation Advisory group, expanding Stout's expertise in healthcare compensation valuation and enhancing their capabilities in business valuation, machinery and equipment valuation, and real estate valuation. The team is led by Founder and Managing Partner Daryl Johnson, who was named as a Managing Director in Stout's Valuation Advisory Group.

"Stout's acquisition of HealthCare Appraisers is a significant milestone in our growth journey," said Greg O'Hara, President of the Valuation Advisory group at Stout. "This strategic move strengthens our healthcare expertise and enhances our service offering, enabling us to help our healthcare clients tackle the unique challenges of the industry more effectively."

"Joining forces with Stout marks an exciting new chapter for HealthCare Appraisers," said Daryl Johnson, Managing Partner at HealthCare Appraisers. "This strategic partnership not only enhances our ability to deliver exceptional service and value to our clients but also presents exciting opportunities for growth and innovation of our capabilities."

The deal marks Stout's sixth acquisition since Audax Private Equity's investment in November 2021. The acquisition of HealthCare Appraisers was finalized on May 16, 2024, with legal counsel provided by Winston & Strawn LLP. McDermott Will & Emery served as special ESOP counsel.