Lincoln International Represents MTS Health Investors and Oaktree Capital Management, L.P. in the Sale of Loving Care Agency, Inc. to Epic Health Services
CHICAGO, March 19, 2015 /PRNewswire/ -- Lincoln International, a leading global mid-market investment bank, is pleased to announce that Loving Care Agency and its pediatric division have been sold by MTS Health Investors and Oaktree Capital Management, L.P. ("Oaktree") to Epic Health Services, a portfolio company of Webster Capital. Concurrent with the close, Loving Care Agency's adult division, the New Jersey-based adult home health aide business, was spun off into a separate entity called Secura Home Health LLC. Terms were not disclosed.
Headquartered in Hasbrouck Heights, New Jersey, Loving Care Agency is one of the largest providers of pediatric home healthcare services in the country serving over 1,500 patients across 7 states. Loving Care Agency's pediatric division provides high quality, compassionate, skilled nursing services to medically fragile and complex children in their homes and schools. For further information, please visit www.lovingcareagency.com.
Christopher J. Burnes, a Principal at MTS Health Investors, commented, "The Lincoln team's deep healthcare sector knowledge coupled with sound advice yielded a terrific outcome for MTS, Oaktree and management."
Lincoln International acted as the exclusive financial advisor to MTS Health Investors, Oaktree and Loving Care Agency, working closely with Loving Care Agency's shareholders and management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
Media Contact: Kelly Neroda
[email protected]
(312) 506-1950
Photo - http://photos.prnewswire.com/prnh/20150318/182954
SOURCE Lincoln International
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