PE-Backed M&A

Medical Consultants Inc., a company backed by Boston-based Parthenon Capital, has completed its merger with Advanced Data Processing Inc., bringing together two companies that provide medical billing services. Medical Consultants provides billing services to the emergency room departments of hospitals and physician groups; Advanced Data Processing provides billing services to emergency medical services agencies in the United States. The senior management team of Advanced Data Processing, led by CEO Doug Shamon and COO Bill DeZonia, will head the combined company. Concurrent with the merger Advanced Data Processing said it had acquired the assets of Intermedix LLX, provider of billing services to emergency medical service providers in Texas. www.parthenoncapital.com