Quilvest Partners with UrgentMED’s Co-Founders

Quilvest Capital Partners has made a substantial growth investment in UrgentMED, the independent network of urgent care clinics in Southern California. Quilvest is partnering with UrgentMED’s co-founders, Dr. Jacob Rastegar, Dr. Morris Kokhab and Dr. Pejman Bolourian, who will each remain significant shareholders and will continue to lead the business going forward. Financial terms of the transaction were not disclosed.

Founded in 2007 and headquartered in West Hollywood, UrgentMED operates 35 urgent care clinics in the Southern California region including Los Angeles, Orange and Ventura counties.

“UrgentMED has established itself as the leading independent urgent care network in Southern California and is ideally positioned to meet consumers’ and payors’ demands for convenient, affordable and high-quality care by deploying its broad healthcare offering across its clinic footprint,” said Jay Takefman, partner and co-head of direct private equity at Quilvest.