Founded in 1986, Vital Care is dedicated to providing
high-quality, safe, convenient, and cost-effective infusion
therapy services for chronic and acute patients across all of its
locations. Vital Care provides a range of infused and injectable
specialty therapies and has more than 160 infusion pharmacy
locations across 35 states.
“We are thrilled to welcome our new partners at Berkshire and
LGP,” said Steve Foreman, CEO and President of Vital Care. “Along
with our existing partners at Linden, we are excited to enhance
our focus on patient care by elevating the resources and
capabilities of franchisees across the country, helping them
reinvest in their local markets and workforces while empowering
franchisee expansion. Berkshire, LGP, and Linden fully support
Vital Care’s mission of expanding access to high-quality infusion
therapy and helping drive the best patient outcomes possible.”
“Throughout our discussions with the Vital Care leadership team,
their commitment and sincere passion for providing patients with
industry-leading infusion treatment fully resonated with us, and
we are thrilled to begin our partnership alongside LGP and
Linden,” said Ben Levy, Managing Director of Berkshire Partners.
“Together, we will seek to unlock additional growth opportunities
for Vital Care and provide the necessary resources to ensure that
patient care remains the top priority across current and future
locations.”
“We are excited to begin collaborating with Vital Care on key
operational enhancements and the expansion of its exceptional
service offerings,” said Mike Greenman, Partner of LGP. “We are
confident in our conviction that our joint investment will
improve patient access of infusion services across the U.S.,
through Vital Care’s locally owned and operated franchise
network.”
“We are proud of the strong growth achieved by Vital Care and
look forward to continuing to support the Vital Care team,” said
Piyush Shukla, Partner of Linden. “We are excited to partner with
Berkshire and LGP and believe our combined resources and
experience will help drive continued success going forward.”
About Berkshire Partners
Berkshire Partners is a 100% employee-owned, multi-sector
specialist investor in private and public equity. The firm’s
private equity team invests in well-positioned, growing companies
across technology & communications, consumer, healthcare, and
services & industrials. Since inception, Berkshire Partners has
made more than 150 private equity investments and has a strong
history of collaborating with management teams to grow the
companies in which it invests. The firm’s public equity group,
Stockbridge, founded in 2007, manages a concentrated portfolio
seeking attractive long-term investments. For additional
information, visit www.berkshirepartners.com
<https://cts.businesswire.com/
Fwww.berkshirepartners.com&esh
406&lan=en-US&anchor=www.berks
b919d78f78f1978d4cd1653e2a> .
About LGP
Leonard Green & Partners, L.P. (“LGP”) is a leading private
equity investment firm founded in 1989 and based in Los Angeles
with over $75 billion of assets under management. The firm
partners with experienced management teams and often with
founders to invest in market-leading companies. Since inception,
LGP has completed over 150 investments in the form of traditional
buyouts, going-private transactions, recapitalizations, growth
equity, and selective public equity and debt positions. The firm
primarily focuses on companies providing services, including
consumer, healthcare, and business services, as well as
distribution and industrials. For more information, please visit
www.leonardgreen.com
<https://cts.businesswire.com/
Fwww.leonardgreen.com&esheet=5
an=en-US&anchor=www.leonardgre
a422becbe82d8b08> .
About Linden Capital Partners
Linden Capital Partners is a Chicago-based private equity firm
focused exclusively on the healthcare industry. Founded in 2004,
Linden is one of the country’s largest dedicated healthcare
private equity firms. Linden’s strategy is based upon three
elements: (i) healthcare specialization, (ii) integrated private
equity and operating expertise, and (iii) its differentiated
human capital program. Since its founding, Linden has invested in
over 45 healthcare companies encompassing over 350+ total
transactions. The firm currently manages approximately $8 billion
of regulatory assets under management. For more information,
please visit www.linden.com
<https://cts.businesswire.com/
Fwww.linden.com&esheet=5410247
US&anchor=www.linden.com&index
95a4> .
About Vital Care
Vital Care Infusion Services is a franchisor of infusion
pharmacies, dedicated to serving secondary, tertiary, and
underserved communities across the United States. The Vital Care
franchise network spans the country, with more than 160 infusion
pharmacy locations providing high-quality, safe, convenient,
cost-effective infusion therapy services for chronic and acute
patients at a local level. Through Vital Care’s streamlined,
proprietary process and best-in-class support, pharmacies can
thrive while focusing on what matters most: the patient. Vital
Care was founded in 1986 by Johnny Bell. For more information,
visit www.vitalcare.com
<https://cts.businesswire.com/
Fwww.vitalcare.com&esheet=5410
en-US&anchor=www.vitalcare.com
a4e14843d2> .
The M&A market for healthcare companies continues to build on STRATEGIC opportunities. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
800-719-1555
