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John M. Tiedmann Jr.

Managing Director at Physician Growth Partners

Chicago, IL

JM
LinkedIn
Why they matter

As a PGP Managing Director closing multiple physician-practice PE partnerships in 2024-2025, Tiedmann has early visibility into specialty practices exploring sponsorship before deals go wide.

Background

John M. Tiedmann Jr. is a Managing Director at Physician Growth Partners (PGP), a Chicago-based sell-side healthcare investment bank focused on advising independent physician practices in private equity transactions, which he joined in March 2024. He brings nearly 15 years of healthcare investment banking experience, having previously served as Director/Vice President in Healthcare & Life Sciences at Brown Gibbons Lang & Company and as Vice President in Global Healthcare Investment Banking at Robert W. Baird. He holds a B.S. in Finance and Technology Management from Indiana University's Kelley School of Business.

Notable deals

  • 2024
    Led PGP's advisory to Kentucky Eye Institute (10-location ophthalmology/optometry practice) on its partnership with EyeSouth Partners, backed by Olympus Partners
  • 2025
    Led PGP's advisory to Fox Valley Orthopedics (20-physician group) on its partnership with Sequel Ortho, a portfolio company of InTandem Capital Partners
  • 2025
    Led PGP's advisory to Wichita Dermatology & Aesthetics on its partnership with Forefront Dermatology, a Partners Group portfolio company
  • 2024
    Joined Physician Growth Partners as Managing Director, bolstering its healthcare investment banking leadership team

Call-prep brief

Background

  • Nearly 15 years in healthcare investment banking; joined Physician Growth Partners as Managing Director in March 2024, based in Chicago.
  • Previously Director/VP, Healthcare & Life Sciences at Brown Gibbons Lang & Company, and VP in Global Healthcare IB at Baird.
  • B.S. Finance & Technology Management, Indiana University (Kelley School of Business).

Current Focus

  • Leads sell-side transaction execution for independent physician practices exploring PE partnerships and recapitalizations across specialties (ophthalmology, orthopedics, dermatology).
  • Recently closed deals: Kentucky Eye Institute/EyeSouth (2024), Fox Valley Orthopedics/Sequel Ortho (2025), Wichita Dermatology/Forefront Dermatology (2025).

What He Cares About

  • Cultural fit and alignment of goals between practices and PE sponsors; preserving physician-led governance post-close.
  • Publicly frames PE as a way to relieve administrative burden amid stagnant reimbursement and rising costs, while acknowledging PE's negative public perception in healthcare.

Potential Sensitivities

  • Relatively new at PGP (since March 2024) after leaving BGL — avoid framing questions as poaching his prior firm's relationships.
  • Careful, measured public stance on PE in healthcare given regulatory/reimbursement scrutiny — expect diplomatic rather than promotional answers.

Questions to Ask

  1. Which specialties are seeing the strongest PE appetite right now, and where do you see valuations heading over the next 12 months?
  2. How do you screen for cultural and governance fit between a practice and a prospective PE sponsor before running a process?
  3. What does PGP's current pipeline look like for multi-site groups considering platform or add-on partnerships in the next 6-12 months?

Outreach draft

Subject
Physician practice PE deal flow chat
Hi John, I've been following Physician Growth Partners' recent work — the Fox Valley Orthopedics/Sequel Ortho and Wichita Dermatology/Forefront partnerships stood out, especially how you approached cultural fit on the sponsor side. We're a private equity team actively evaluating platform opportunities in physician practice management and would value your read on where specialty valuations and deal structures are heading over the next year, plus which practices might be weighing a partnership process soon. Would you have 20 minutes for a call in the next couple of weeks? Happy to work around your schedule. Best, [Placeholder Name]

Linked companies

Sources