Buyer: Hospice Source
Seller: Home Medical Professionals
Sector: HME, DME, Hospice
Transition Capital Partners (“TCP”) announced that its portfolio company Hospice Source has acquired the hospice related DME assets of Home Medical Professionals, Inc (“HMP”).
Hospice Source is one of the nation’s largest providers of medical equipment services exclusively serving the hospice industry. The acquisition of HMP, located in Atlanta, Georgia and serving its hospice provider customers and patients in the entire state of Georgia, significantly expands Hospice Source’s area of market service in the southeastern US, following upon the acquisition of the hospice related assets of Specialized Medical Services in the state of Tennessee in October 2017.
About Hospice Source
Based in Carrollton, TX, Hospice Source is a full service, national provider of medical equipment (“DME”) and respiratory therapy focused exclusively on the hospice market. Hospice Source currently provides service to patients and hospice providers in 9 states from 57 locations. www.hospicesource.net
What does this transaction mean for the strategic options for your business? Contact Paragon Ventures at 800-719-1555 for more information.