New York, April 17, 2012 — MTS Health Investors, LLC (“MTS”), the New-York based healthcare private equity firm, announced today that funds managed by MTS have completed an investment in Florida Gulf-to-Bay Anesthesiology Associates, LLC (“FGTB”). MTS has partnered with the physician owners of FGTB to recapitalize the business and provide capital to support future growth. Management, led by President and CEO Devanand Mangar, MD, will retain a significant stake in the company. Terms of the transaction were not disclosed.

FGTB, based in Tampa, FL, provides a comprehensive range of anesthesia and pain management services to hospitals and surgery centers in Florida and Indiana. The company currently provides services to six hospitals in the Tampa Bay area as well as to seven ambulatory surgery centers.

Oliver T. Moses, Partner at MTS, said, “MTS has spent a significant amount of time evaluating the anesthesia services sector and believes that FGTB represents an ideal investment platform in this dynamic and growing industry sector. FGTB’s strong physician leadership has built a company with a sterling clinical reputation and a commitment to provide first-rate service to its hospital and surgery center clients. We look forward to partnering with them to provide additional financial resources and to pursue new opportunities for growth.” Mr. Moses and Alex Buzik, Principal at MTS, will take seats on FGTB’s board, along with additional representatives from the physician group and MTS.

Dr. Mangar said, “We are delighted to partner with MTS as we enter the next phase of our development. We have built strong relationships with leading hospitals and surgical facilities that will provide a solid foundation for future growth. With MTS’s investment we will be well equipped to maintain our industry-leading service offering and strongly positioned to broaden our reach in the marketplace.”

About Florida Gulf-to-Bay Anesthesiology Associates

FGTB is a multi-state practice group which performs a broad range of clinical and administrative services to hospitals and ambulatory surgery centers. Established in 1996 by its President and Chief Executive Officer, Dr. Devanand Mangar, FGTB was started by consolidating the private practices of several cardiac anesthesiologists. The Company currently provides services to six hospitals in the Tampa Bay area and seven ambulatory surgery centers (six located in Florida and one in Indiana). In addition to the administration of anesthesia, primary services provided by FGTB include: recruiting, scheduling and credential coordination, billing and collecting, insurance coverage, continuing medical education services, research, and management training. For further information, please visit (www.fgtba.com)

About MTS

MTS Health Investors, LLC, located in New York, is a healthcare private equity firm that makes investments in operating companies within the healthcare industry. MTS targets companies that provide cost-effective solutions in the services and low-technology manufacturing sectors of the healthcare industry. For further information, please visit www.mtshealthinvestors.com.