CHICAGO—Waud Capital Partners (Waud Capital), a growth-oriented middle-market private equity firm, announced the acquisition of Senior Helpers, a provider of in-home care and wellness offerings for seniors. Waud Capital is acquiring Senior Helpers from Advocate Health, the third-largest nonprofit health system in the nation.
private equity
The Private Equity Stakeholder Project (PESP) has released its latest report, providing an in-depth analysis of private equity dealmaking in the health care sector throughout 2023.
LOUISVILLE, Ky. (April 21, 2022)—Humana Inc. today announced that it has signed a definitive agreement with private investment firm Clayton, Dubilier & Rice to divest a majority interest in the hospice and personal care divisions of Humana’s Kindred at Home subsidiary (KAH hospice). These divisions include patient-centered services for hospice, palliative, community and personal care.
CHICAGO (March 31 2022)—The Vistria Group announced its investment in Professional Health Care Network (PHCN), a home health care management services company that partners with health plans and providers to increase the access and value of home-based clinical care. The transaction with PHCN represents the fifth investment from Vistria Fund IV, a $2.68 billion fund.
TYLER, Texas (September 7, 2021)—Trive Capital, a Dallas-based private equity firm, is excited to announce its partnership with Choice Health at Home. Headquartered in Tyler, Texas the company is a geriatric post-acute home health business that has historically served patients throughout Texas.
FORT WORTH, Texas (August 10, 2021)—Health care mergers and acquisitions (M+A) advisory firm, VERTESS, announced that Sean McDougall, a widely-recognized expert on reentry and substance abuse treatment operations, has joined the company as a managing director.
CHICAGO (August 5, 2021)—Cressey & Company LP, a private investment firm focused on building leading health care services and information technology businesses, announced it has made a significant growth investment in Home Care Pulse, a provider of satisfaction management, training and performance benchmarking solutions for the homecare industry and other post-acute end markets.
MIAMI (July 28, 2021)—H.I.G. Capital, a global alternative investment firm with $45 billion of equity capital under management, announced today the sale of its portfolio company, US Medical Supply (US MED) to Advanced Diabetes Supply (ADS), a portfolio company of Court Square Capital Partners Inc. Terms of the transaction were not disclosed.
NORTHFIELD, Ill. (June 7, 2021)—Medline Industries, Inc., a privately held manufacturer and distributor of health care supplies with 2020 revenue of $17.5 billion, has entered into a definitive agreement through which it will receive a majority investment from a partnership comprised of funds managed by Blackstone, Carlyle and Hellman & Friedman. Those close to the deal value it at $30 billion, including debt.
LIBERTY LAKE, Wash. (September 15, 2020)—Family Resource Home Care announced an investment partnership with Great Point Partners, a health care-focused private equity group based in Greenwich, Connecticut. The transaction reflects Family Resource’s ongoing strategic plans for market share growth, industry consolidation and geographic expansion.
TAMPA, Fla. (June 3, 2020)—Osceola Capital, a lower middle-market private equity firm focused on service businesses, announced that it has partnered with management to recapitalize Central Medical Group (CMG).
TAMPA, Fla. (January 9, 2020)—Osceola Capital, a lower middle-market private equity firm focused on services businesses, announced today the acquisition of Healthcents, Inc. (Healthcents), a provider of medical reimbursement and related services.