Juniper Advisory

Last updated
Juniper Advisory
Company type Private company
Industry Investment banking
Founded Chicago, Illinois, U.S. (2006 (2006))
Key people
James Burgdorfer (Founder)
David Gordon (Founder)
Rex James Burgdorfer
Jordan Shields
Website www.JuniperAdvisory.com

Juniper Advisory is a consulting firm based in Chicago that focuses exclusively on non-profit hospital mergers and acquisitions. Founded by veteran investment bankers James Burgdorfer and David Gordon, the firm provides strategic financial advice relating to business combination transactions and other corporate finance matters. [1]

Contents

The firm specializes in mergers, acquisitions, divestitures, partnerships, joint ventures, and lease arrangements in the industry. It is particularly active in advising government-owned, 501(c)(3), faith-based, and academic medical centers on structural ownership alternatives.

Background

Members of Juniper came from several larger Wall Street firms, includes: Citigroup, J.P. Morgan, Piper Jaffray, Morgan Stanley, A.G. Becker, Nuveen, Rothschild & Co, William Blair, and others. Several modeled their academic educations around healthcare finance and economics at the University of Chicago, Northwestern University, University of Michigan, University of Notre Dame, and Vanderbilt University.

Transactions

Recent advisory assignments include transactions with: The Cleveland Clinic, Northwestern Memorial Hospital, The University of Chicago Medical Center, CHRISTUS Health, Adventist Health, Jefferson Health, Hospital Corporation of America (during ownership under Bain Capital, KKR, and Merrill Lynch), Duke University Health System and LifePoint Health, [2] UnityPoint Health, Spectrum Health, Sentara Healthcare, Dignity Health, McLaren Health Care Corporation, Ardent Health Services (a portfolio company of Welsh, Carson, Anderson & Stowe, Equity International, and Ventas, Inc., Vanguard Health Systems, a portfolio company of The Blackstone Group now part of Tenet Healthcare, Community Health Systems, RCCH Health (a portfolio company of Warburg Pincus, Apollo Global Management) and Temple University Hospital. [3]

Industry involvement

The principals are active writers and speakers in the non-profit healthcare industry, and are frequently cited by The Wall Street Journal , [4] The Bond Buyer , [5] Modern Healthcare , [6] Trustee , [7] [8] [9] American Health Lawyers Association , Chicago Tribune [10] [11] WGN-TV , [12] and Healthcare Financial Management Association . [13]

Recent topics include fair market value considerations in consolidation (business) transactions, fiduciary governance responsibilities in change of control [14] transactions. The team has authored a number of research articles, including stand-alone whitepapers for the Chicago Council on Global Affairs [15]

Key team members

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References

  1. "Bloomberg Businessweek". Bloomberg Businessweek .
  2. "Duke Alumni News" (PDF).
  3. "Temple University Health System Hires Juniper Advisory".
  4. "Wall Street Journal - Cash Poor Hospitals".
  5. "Bond Buyer - Membership Substitution". 14 February 2017.
  6. "Modern Healthcare - The leader in healthcare business news, research & data".
  7. "Public Hospital Partnerships".
  8. "Health System Integration".
  9. "Parallel Realignment".
  10. "Chicago Tribune". NorthShore University HealthSystem and Advocate Lutheran General Hospital .
  11. "Northwestern Cadence Merger". Central DuPage Hospital .
  12. "Advocate NorthShore Merger". WGN-TV . 13 September 2014.
  13. "Public Hospital Partnerships".
  14. "The Non-Profit Board's Duties When Considering a Change of Control" (PDF). McDermott Will & Emery .
  15. "The Chicago Council on Global Affairs".
  16. "James Burgdorfer, Principal at Juniper Advisory". 28 January 2022.
  17. "Juniper Advisory - David Gordon". 29 November 2021.
  18. "Rex Burgdorfer, V.P. at Juniper Advisory". 29 November 2021.
  19. "Juniper Advisory - Jordan Shields". 28 January 2022.