NASHVILLE, TN (September 12, 2025): Bailey & Company announced today that it served as the exclusive financial advisor to ProActive Work Health Services (“ProActive” or the “Company”), a multi-state occupational health provider specializing in work injury treatment and employee safeguarding, on its strategic acquisitions of Keystone Industrial Medicine, Stacy Medical Center, and Exam Professionals. These acquisitions expand ProActive’s footprint to 25 locations across California, Texas, and Arizona. SG Credit Partners (“SG Credit”), a specialty lender supporting growth in lower middle-market companies, provided acquisition financing and has committed capital for upcoming strategic acquisitions as well as de novo locations.
“Partnering with entrepreneur-led businesses has always been a focus for SG Credit Partners,” said Carlos Tan, managing director of SG Credit Partners. “Daniel Pesci and his team have patiently built ProActive from scratch to now having more than twenty locations across three states. We are excited to be part of this next stage of ProActive’s growth.”
Rooted in California, ProActive aims to increase market share in a state with a large population and demanding employers. The company’s premium service model emphasizes timely, high-quality care, rapid claim processing, and clear communication—helping injured workers recover faster and return to work, while reducing the need for legal actions. Its flexible approach caters to large, mid-size, and small clients, often requiring expanded geographic coverage most effectively achieved through acquisitions.
ProActive recently developed a proprietary system that automates administrative functions, streamlines workflows, and improves care coordination through its embedded EMR system. This enables rapid integration of acquisitions, generating immediate cost savings. Additionally, membership in all key Medical Provider Networks (“MPNs”) creates revenue-enhancing synergies at newly acquired locations.
Daniel Pesci, CEO of ProActive, stated: “These acquisitions reflect our long-term strategy to expand high-quality occupational health across the U.S. Technology integration will boost clinical pathways and data management. We take pride in partnering with SG Credit Partners in elevating customer service and the standard of care.”
James Castro, managing director at Bailey & Company, added: “ProActive’s proven model and leadership are transforming workforce healthcare. Identifying both the appropriate type of capital—aimed at preserving equity upside—and the right strategic partner is central to our investment banking practice.”
Since 2002, ProActive has grown to 25 locations, nearly 300 employees, approximately 7,000 client accounts, and over 60,000 annual patient visits through acquisitions and expansion.
ABOUT PROACTIVE WORK HEALTH
ProActive is a distinguished occupational health platform with over 20 years of industry experience. Known for its high-quality care and efficient patient workflow, it has earned a strong reputation among businesses, healthcare providers, and patients in California, Texas, and Arizona markets. The company offers a comprehensive range of services, acting as a one-stop shop for pre-employment screening, diagnosis, and various occupational health solutions, including both acute and post-acute care. Approximately 70% of revenue comes from advanced work-related injury management services for employers, such as first aid, orthopedic treatment, physical therapy, acupuncture, chiropractic care, and case management. The remaining 30% of revenue is generated through employer services like onsite vaccinations and offsite pre-employment screenings, which include drug testing and physicals, often with pre-arranged transportation for employees to clinics.
ABOUT SG CAPITAL PARTNERS
SG Credit Partners is a national private credit manager providing capital to lower middle market businesses and entrepreneurs requiring tailored credit solutions. SGCP has established a broad credit platform consisting of three verticals: Software + Technology, Consumer Products, and Commercial Finance. Headquartered in Southern California with offices throughout the country, the firm has provided in excess of $1 billion to lower middle market entrepreneurs across a variety of industries.
Bailey & Company is a Nashville-based merchant banking platform focused on middle market healthcare companies in the healthcare services, healthcare technology, payer services, and pharma services & life sciences sectors. As one of the largest independent, sector-focused investment banking and investing platforms in the country, Bailey & Company supports strong management teams that have built scalable platforms by providing strategic insights, world-class advice, and access to one of the most diverse networks of industry experts. For more information see: www.bnco.com
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