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High Road Capital Partners... among the best of the next generation of alternative asset managers... —Buyouts Magazine, August 16, 2010
  • High Road Capital Partners' Portfolio Company
    Advanced Sleep Medicine Services Completes Add-On Acquisition

  • NEW YORK, February 21, 2012 – High Road Capital Partners ("www.highroadcap.com") announced today that its portfolio company Advanced Sleep Medicine Services, Inc. has completed the acquisition of Pacific Sleep Medicine Services, a provider of sleep disorder diagnostic services with laboratory facilities throughout Southern California. The acquisition closed on February 17, 2012.

    Pacific Sleep will become part of Advanced Sleep’s existing network of California-based sleep disorder diagnostic facilities. Advanced Sleep was acquired by High Road in May 2010.

    “The addition of Pacific Sleep’s facilities is part of our overall strategy to expand Advanced Sleep’s presence throughout California both organically and through acquisitions,” said Bill Connell, the High Road Partner who led the transaction.

    “We are working to build upon our recent facility openings by acquiring well-run existing laboratories, like those of Pacific Sleep,” said Frank Zarka, President and CEO of Advanced Sleep Medicine Services. “This acquisition helps us further penetrate the Greater Los Angeles area and expand our presence southward, into the San Diego area, and westward, into the Palm Desert region.”

    This is Advanced Sleep’s second add-on acquisition under High Road’s ownership. It previously acquired Sleep Diagnostics of the Coachella Valley, a provider of sleep diagnostic services with laboratory facilities in Indio and Hemet, California.

    Bill Connell, Partner, and Dan Gaspar, Vice President, led the transaction for High Road. High Road Associate Paul Langley also worked on the transaction. Transaction consideration was not disclosed.

    High Road has completed 16 transactions – eight platform investments and eight add-on acquisitions – for its debut fund, High Road Capital Partners Fund I, LP.

    For further information, please contact Bill Connell of High Road Capital Partners at (212) 554-3268.

    Advance Sleep Medicine Services

    Advanced Sleep Medicine Services is a leading provider of sleep disorder diagnostic services and related durable medical equipment in Southern California, offering patients and referring physicians a comprehensive program designed to effectively help those suffering from various sleep disorders. Advanced Sleep is headquartered in Los Angeles, California. Further information about Advanced Sleep is available at www.sleepdr.com.

    High Road Capital Partners

    High Road Capital Partners is a private equity firm focused on smaller middle market transactions. High Road was formed in 2007 and currently manages over $150 million of committed capital. High Road focuses on niche-leading companies with revenues of $10 million to $100 million and EBITDA of $3 million to $10 million. Once acquired, High Road works in partnership with management to take the companies to the next level, with the expectation of doubling or tripling EBITDA during the course of its ownership through a combination of organic growth initiatives and add-on acquisitions. More information on High Road is available at www.highroadcap.com.