Lincoln International represents Summer Street Capital Partners in the announced sale of Bracor, Inc. and its Subsidiaries (d/b/a Willcare) to Almost Family, Inc.

CHICAGO, March 16, 2015 /PRNewswire/ -- Lincoln International LLC ("Lincoln"), a leading global mid-market investment bank, is pleased to announce that Almost Family, Inc. ("Almost Family") has agreed to acquire Bracor, Inc. and its Subsidiaries ("Willcare" or the "Company"). The total enterprise value for the transaction is expected to be in the range of $46 million to $53 million. Almost Family closed on the acquisition of Willcare's Ohio operations on February 27, 2015. Subject to customary closing conditions and New York State regulatory approval, the balance of Willcare's operations is expected to close in the second half of 2015.

Photo - http://photos.prnewswire.com/prnh/20150313/181670  

Willcare is a leading provider of skilled home health and personal home care services in the states of New York, Connecticut and Ohio. With 16 branch locations in three states, Willcare is a leading provider in its communities and boasts the #2 and #3 market shares in terms of referrals for the Hudson Valley and Western regions of New York State, respectively. The Company has a reputation for providing high quality clinical care and vital services that result in increased individual quality of life and lower cost home-based care. Willcare reported $72 million in revenue for the twelve months ended December 31, 2014.

Lincoln acted as the exclusive financial advisor to Summer Street Capital Partners and Willcare, working closely with the Company's board of directors 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

SOURCE Lincoln International

Related Links

http://www.lincolninternational.com