The Edgewater Funds Exits Homecare Holdings Investment
The Edgewater Funds (“Edgewater”) is pleased to announce the recent sale of its ownership interest in Homecare Holdings (“HCH” or the “Company”).
Headquartered in Sarasota, FL, HCH is a leading provider of home health services in the Southeast and Southwest regions of the U.S. In collaboration with management, Edgewater built HCH into one of the largest post-acute care platforms in the country with market density and leadership positions across 17 attractive, high-growth Texas and Florida Metropolitan Statistical Areas (“MSAs”). Across HCH’s Florida and Texas divisions, the Company provides an array of services including skilled nursing, private duty / personal care, and pediatric care.
Edgewater formed HCH in March 2018 with Judy Bishop, an experienced industry executive with over 35 years of experience who has built and exited four companies in the home health and post-acute healthcare services space. During the investment period, HCH completed and integrated five strategic acquisitions that expanded the Company’s service offerings and geographic presence.
Edgewater partners with outstanding management teams to accelerate growth in their business. We are a flexible partner and can execute control and non-control investments. Please contact us at info@edgewaterfunds.com for any questions or information.