Sentinel Capital divests Hospice Advantage to Compassus

Sentinel Capital Partners has sold Hospice Advantage to Compassus. No financial terms were disclosed. Bay City, Michigan-based Hospice Advantage is a hospice care company.


NEW YORK, October 8, 2015 – Sentinel Capital Partners, a private equity firm that invests in promising companies at the lower end of the middle market, today announced the sale of Hospice Advantage, a leading hospice care organization, to Compassus, a nationwide network of community-based hospice programs and palliative care services. Terms of the transaction were not disclosed.

Headquartered in Bay City, Michigan, Hospice Advantage was founded in 2004 by CEO Rod Hildebrant, a veteran hospice executive with more than 35 years of health care and hospice experience, to serve the needs of terminally ill patients. Hospice Advantage currently operates more than 60 locations in 14 states throughout the Midwest, Southeast, and South.

“We are thrilled with our investment in Hospice Advantage and grateful to have been partners with Rod Hildebrant, who is an extraordinarily talented healthcare executive,” said Paul Murphy, a partner at Sentinel. “We have enjoyed working closely with Rod and his highly capable management team, and together, we have developed a leading hospice care organization.”

Under Sentinel’s ownership, Hospice Advantage grew its business organically and through acquisitions. During this period, Hospice Advantage completed 15 tuck-in acquisitions and opened locations in four new states.

“We are very excited about what we have achieved with Sentinel as our partner. Sentinel’s support and long-term growth perspective helped us to exceed our goals and now positions us for continued success,” said Rod Hildebrant. “This is an exciting time for our company, as Hospice Advantage joins with Compassus to create a leading national provider of hospice and palliative care services.”

Other Sentinel investments in healthcare services include Interim Healthcare (home healthcare provider); Metro Dentalcare (dental services); National Spine & Pain (pain management healthcare); Northeast Dental Management (dental services); and ReachOut Healthcare America (mobile dental services).
About Sentinel Capital Partners

Sentinel Capital Partners specializes in buying and building businesses at the lower end of the middle market in the United States and Canada in partnership with management. Sentinel targets aerospace and defense, business services, consumer, distribution, food and restaurants, franchising, healthcare, and industrial businesses. Sentinel invests in management buyouts, recapitalizations, corporate divestitures, and going-private transactions of established businesses with EBITDA of up to $65 million. Sentinel also invests in special situations, including balance sheet restructurings, and operational turnarounds. For more information about Sentinel, visit

About Compassus
Compassus is a nationwide network of community-based hospice and palliative care services. Based in Nashville, Tennessee, Compassus opened its first hospice in 1979 and today operates in more than 150 locations in 28 states across the U.S. The mission of Compassus is to honor life and offer hope to individuals facing serious or terminal illness by supporting them with a common culture focused on three core values: Compassion, Integrity, and Excellence. Compassus employs more than 3,500 colleagues who provide a range of hospice and palliative care services to benefit patients and families. Compassus’ primary goals are to provide the highest quality hospice and palliative care in every community in which Compassus operates and to be the employer of choice. For more information, please visit, follow the company on Facebook or call (877) 377-1607.

About Hospice Advantage
Hospice Advantage is a leading hospice care organization that provides end-of-life care, palliative treatment, personal care, and family support services, primarily to patients in their homes. Headquartered in Bay City, Michigan, Hospice Advantage was founded to better serve the needs of terminally ill patients and currently operates more than 60 locations in 14 states. For more information about Hospice Advantage, visit