Vistria sells Agape Care to Ridgemont

Ridgemont Equity Partners has acquired Agape Care Group from The Vistria Group.

Ridgemont Equity Partners has acquired Agape Care Group from The Vistria Group. No financial terms were disclosed. Agape Care is a hospice and palliative care provider in the Southeast region.

PRESS RELEASE

Chicago, IL – October 19, 2021 – The Vistria Group, a purpose driven investment firm focusing on the healthcare, education and financial services sector, today announced the sale of Agape Care Group (Agape Care) to Ridgemont Equity Partners. Terms were not disclosed.

Agape Care is a leading hospice and palliative care provider in the Southeast region, offering full end-of-life care for members of its community both in patient homes and healthcare facilities. The company has a significant presence throughout South Carolina and, with the recent acquisitions of Integrity Hospice and Serenity Hospice, has expanded its service area significantly throughout Georgia as well.

“Over the past 3 years, we could not have asked for a better partner than Vistria who has been instrumental in our efforts to expand service offerings and become the premier provider of care across the Southeast,” explained Troy Yarborough, Agape Care CEO. “We look forward to building upon our patient-centric mission and continuing our meaningful service expansion with a keen focus on providing high quality and compassionate care.”

“We are proud of the work Troy and his team have done to grow Agape Care over these last three years. These accomplishments have enabled the company to provide superior care over a larger geographic footprint and created value for individuals, families and the broader healthcare system,” said David Schuppan, Senior Partner at The Vistria Group.
Harris Williams and Cain Brothers served as financial advisors and Winston & Strawn LLP served as legal advisor to Agape Care and The Vistria Group on the transaction.