Atlanta, GA – September 8, 2014 – Five Points Healthcare announced that it acquired Willowbrook Health Systems August 29, 2014. Willowbrook is a Medicare-certified home health and hospice provider throughout middle Tennessee. Based in Nashville, TN Willowbrook has been a premier provider in the market for over 30 years. For more information about Willowbrook please visit www.willowbrookhealth.com.
Equity financing for the acquisition was provided by Fulcrum Equity Partners. This marks the fourth acquisition completed by Five Points and Fulcrum and serves as the company’s initial entry into the state of Tennessee for both home health and hospice.
“We are extremely excited about the opportunity to work with the team at Willowbrook and expand our services into Tennessee” said Rob Radics, CEO of Five Points. “Willowbrook has an outstanding reputation in the community and a culture that aligns with Five Points. We will look to build upon the strong foundation of quality patient care and excellent customer service and expand within the company’s existing certificate of need footprint.”
“We are excited to once again partner with the Five Points management team in expanding the Company’s services into Tennessee” said Fulcrum partner Tom Greer. “This acquisition has tremendous growth potential in the state of Tennessee and we will continue to work with Rob and the Five Points team to identify future high-quality acquisitions.”
About Five Points Healthcare, LLC
Founded in 2011 and based in Atlanta, GA, Five Points Healthcare currently owns and operates home health and hospice locations in Louisiana, Tennessee and Virginia. Five Points Healthcare was founded with a vision to become the premier provider of home health and hospice services throughout the southeast by focusing on its five key stakeholders – patients, employees, physicians, providers and communities. For more information about Five Points please visit www.fivepointshc.com.
About Fulcrum Equity Partners
Fulcrum Equity Partners, based in Atlanta, GA, manages over $140 million and is actively seeking opportunities to invest in rapidly growing companies. Fulcrum initially invests $1 million – $10 million and will consider investments in a wide variety of industries with an emphasis on information technology, healthcare and technology enabled operating companies. Fulcrum provides financing to meet a wide range of needs including internal growth initiatives, acquisitions, divestures, shareholder liquidity and recapitalizations. The partners have significant operating experience as well as backgrounds in venture capital, mezzanine financing, accounting, law, investment banking and strategy consulting. To learn more, please visit www.fulcrumep.com.