Atlanta, GA – November 3, 2014 – Five Points Healthcare announced that it has acquired Town & Country Health Services & Supplies on October 31, 2014. Town & Country is a Medicare-certified home health agency based in Montpelier, Virginia which is just north of the Richmond market.
Funding for the acquisition was completed through Five Points’ existing credit facility. This marks the fifth acquisition completed by Five Points.
“We are extremely excited about the opportunity to work with the team at Town & Country and to further expand our Virginia service area” said Rob Radics, CEO of Five Points. “Town & Country has been delivering excellent care to the community for over 20 years and has an outstanding reputation. The Company’s high quality care and its existing service area make it a natural fit for Five Points. We are now able to expand from our current market in Northern Virginia and provide quality home health services to more residents in central Virginia.”
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. Five Points is a portfolio company of Fulcrum Equity Partners. 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.