{ Banner }

Chamberlain Hrdlicka’s Houston-Based Team, led by Habeeb "Hobbs" Gnaim and David Pierson, Represented ZT Corporate in its Acquisition of Exceptional Emergency Center’s Texas Locations

July 24, 2023

Team led by Habeeb (Hobbs) Gnaim and David Pierson represented ZT Corporate in Acquisition of Exceptional Emergency Center’s Texas Locations

Chamberlain Hrdlicka's Houston-based team, led Habeeb ‘Hobbs’ Gnaim, practice chair of the firm's Tax Planning & Business Transactions Group, and David Pierson, represented ZT Corporate in its acquisition of Exceptional Emergency Center, a community based provider of freestanding emergency centers operating 14 locations across Texas. Adding to ZT Corporate’s existing healthcare portfolio, the acquisition makes Altus Community Healthcare, ZT’s portfolio company, the largest operator of freestanding emergency centers in Texas with 30 locations throughout the state.

The transaction was supported by Aly Dossa (Intellectual Property), Christopher Hydrick (Corporate) and Arlin Dawson (Corporate).

ZT Corporate, a private equity firm that specializes in healthcare and automotive investments, is a long-time client of Gnaim. Discussing the transaction, Taseer Badar, Chairman and Chief Executive Officer of ZT Corporate, said, “Exceptional Emergency Center is an excellent addition to our portfolio and a major step for us in becoming the largest freestanding emergency room operator in Texas. We are proud to broaden our reach in new communities and enhance areas we serve. With our expanded resources and economies of scale, ZT Corporate is ready to take an even larger role in driving momentum for innovation and growth within the healthcare sector.”

Gnaim, shareholder at Chamberlain Hrdlicka, serves as the head of the Tax Planning & Business Transactions group. He focuses his practice on tax and corporate matters and has significant experience in all aspects of structuring, negotiating and implementing business acquisitions and dispositions, corporate reorganizations, mergers, conversions, recapitalizations, deferred recognition transactions, admissions of and providing equity incentives for management and key employees, as well as choice of entity considerations, and state tax planning.

Chamberlain Hrdlicka’s Tax Planning & Business Transactions practice helps clients understand the byzantine world of tax law and utilizes that highly specialized tax knowledge to clients’ best advantage when doing business transactions.  The practice advises clients with transactions in order to maximize tax benefits - and avoid tax disasters. Whether the transactions are related to a business or involves a personal investment, the Tax Planning & Business Transactions team can help structure and carry out transactions in order to achieve the best corporate results under federal, state, local and international tax laws.