Hospice Source, a portfolio company of Transition Capital Partners, has acquired Gainesville, Georgia-based Home Medical Professionals, a provider of medical supplies and equipment. No financial terms were disclosed.
CARROLLTON, Texas, Nov. 17, 2017 /PRNewswire/ — Hospice Source announced today that it has purchased Gainesville, Georgia-based Home Medical Professionals (HMP). This acquisition expands Hospice Source’s geographical footprint into the greater Atlanta and Georgia markets with the addition of six service locations.
Jeff West, Hospice Source CEO states, “We are extremely excited about the opportunity to serve more patients in the Southeastern U.S., and bring our culture of compassion to the great state of Georgia. We welcome our new Hospice Partners and our new team members from HMP.”
About Hospice Source
Based in Carrollton, Texas, 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 nine states from 57 locations.
To learn more: www.hospicesource.net
Transition Capital Partners (“TCP”) is a Dallas, Texas-based, family office funded, private investment firm. Founded in 1993, TCP has successfully invested in over 40 lower middle market companies spanning a diverse array of industries. TCP is affiliated with the Patterson Thomas Family Office.
TCP partners with management teams to build sustainable value in businesses over the long-term, without the artificial constraints fundraising cycles create for traditional private equity funds. With more than 20 years of proven success, we have a long track record of collaborating with our partners to accelerate the growth of lower middle market companies.
To learn more: www.tcplp.com