Windward Health Partners Portfolio Company Sells Texas Assisted Living Facility
Private investment group oversees successful exit in the healthcare industry
TAMPA, Fla., June 18, 2015 /PRNewswire/ -- Windward Health Partners, a Tampa-based private investment and holding company, today announced that its portfolio company, RWS Healthcare, has had a successful exit with the sale of The Arbor Assisted Living Facility in Nacogdoches, Texas.
Windward Health Partners is a captive private equity investment and holding company with an extensive track record investing in a range of lower middle market industries. Through its portfolio companies, Windward has invested in numerous healthcare businesses, including skilled nursing and assisted living facilities across six states, including independent senior living, rehabilitation, home health, and adult daycare services.
The exit for The Arbor Assisted Living Facility was completed by RWS Healthcare, a Windward Health Partners portfolio company. Prevarian Senior Living, a developer and operator of assisted living communities in Texas, Florida, Oklahoma and Arizona, purchased The Arbor for an undisclosed amount. Marcus & Millichap represented RWS Healthcare in the transaction.
The Arbor was built in 1996 and is strategically located near a 153-bed acute care hospital. At the time of sale, The Arbor was approximately 93% occupied.
"This transaction builds on our track record of significant investment returns in the lower middle market and the healthcare space," said Scott Feuer, co-founder of Windward Health Partners. "Our model shows that you can be best-in-class at helping patients and residents enjoy healthy, fulfilling lives while still delivering strong returns to investors."
Bryan Crino, co-founder of Windward Health Partners, noted that the lower middle market remains an attractive market for investors looking for outsized returns. "The key to our success is bringing tactical planning and execution to our deals, not just capital. To get good returns in the lower middle market requires patience and an ability to improve current operations."
About Windward Health Partners LLC
Windward Health Partners LLC was co-founded in 2003 by Skyway Capital Partners' Bryan Crino and Scott Feuer as a captive private equity investment and holding company to make control investments in lower middle market companies. Based in Tampa, Florida, the company continues to grow and diversify its holdings.
CONTACT:
Sarah Brandon
312-648-6017
[email protected]
SOURCE Windward Health Partners LLC
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