We are proud of this recognition and would like to thank our equity partner Mainsail Partners for playing a key role in helping us to identify the opportunity and getting this transaction completed.
Walnut Creek, CA (PRWEB) November 29, 2010
Professional HealthCare, a leading provider of home nursing, rehabilitation therapy, hospice care, and non-medical caregiver services in four western states, is proud to announce that its acquisition of Home Health Services has been named a 2010 Finalist in the 9th Annual M&A Advisor Awards.
Home Health Services of St. George, Utah provides home health and hospice services to residents of Utah, Nevada, and Arizona. The acquisition by Professional Healthcare, made in January 2010 in partnership with Mainsail Partners, effectively expanded its service area to two additional states in the western United States. “We are proud of this recognition and would like to thank our equity partner Mainsail Partners for playing a key role in helping us to identify the opportunity and getting this transaction completed,” says John Griscavage, CEO of Professional Healthcare.
The M&A Advisor Awards honor excellence in deal-making. The acquisition of Home Health Services was nominated in the category of Healthcare/Life Sciences, $100 million and less. Winners of the Awards will be announced at the M&A Advisor Awards Summit in New York City on December 14th.
About Professional HealthCare
Professional HealthCare is now comprised of four operating divisions that offer in-home medical, non-medical, and hospice care to families throughout Northern California, Utah, Nevada and Arizona. Its Professional HealthCare at Home division serves the greater San Francisco Bay Area, and its Victorian Home Care division provides personal home care services in Monterey and Santa Cruz Counties. Its Haven HealthCare division serves counties within the Salt Lake City, Utah region, and its recently acquired Home Health Services division provides in-home medical and hospice care to residents of southern Utah Nevada, and Arizona. Services include nursing care, physical and occupational therapy, post-hospital rehabilitation, extended nursing care, wound care, home health aides, medical social workers, medication management, senior care and hospice care. Home caregivers and personal care assistants provide help with activities of daily living, eldercare, transportation and companionship. More information is available at http://www.professionalhealthcarellc.com/.
About Mainsail Partners
Mainsail Partners is a private equity firm focused on management buyouts, recapitalizations and growth equity investments in rapidly growing companies with the potential to be market leaders. Founded by C. Jason Payne and Gavin Turner in 2003, Mainsail has over $150 million under management and invests exclusively in profitable, growing and “bootstrapped” companies in the United States and Canada. Mainsail has extensive experience in technology-enabled services, software, for profit education, healthcare, franchising, and financial services. For more information, please visit http://www.mainsailpartners.com.
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