Grant Avenue Capital Acquires PatientCare EMS Solutions

Empress Ambulance Service Acquires Certain Assets of Mobile Life Support Services

June 14, 2023

Healthcare Services

Empress Ambulance Service, a PatientCare EMS Solutions company, acquired certain assets of Mobile Life Support Services, Inc. on June 14, 2023. The deal (which follows Empress's April 30, 2023 acquisition of assets of Rockland Mobile Care) expands Empress/PatientCare's presence across the Hudson Valley and strengthens relationships with municipal and hospital clients.

Grant Avenue Capital Acquires Performance Home Medical

March 15, 2024

Healthcare Services

Grant Avenue Capital, a healthcare-focused private equity firm, has acquired Performance Home Medical (PHM), a regional provider of home respiratory and sleep therapy services headquartered in Kent, Washington. PHM operates 24 locations across Washington, Oregon and Idaho and plans to use the investment to expand geographically and grow both organically and via selective acquisitions; industry veteran Larry Mastrovich has joined PHM's board as chairman.

Crestview Partners Acquires Emerald EMS from New Water Capital

January 4, 2022

Manufacturing

Crestview Partners has completed the acquisition of Emerald EMS from New Water Capital, with Emerald's CEO Vic Giglio continuing to lead the company. Headquartered in Salem, New Hampshire, Emerald is a high-mix, low-volume electronics manufacturing services provider operating six U.S. facilities and one in China; financial terms were not disclosed. Crestview intends to invest in the business and pursue additional add-ons and capability expansion to accelerate Emerald's growth.

Grant Avenue Capital Acquires Valeo Home Health and Hospice

January 26, 2021

Healthcare Services

Grant Avenue Capital acquired a majority interest in Valeo Home Health and Hospice, a Salt Lake City–based provider of home health and hospice services, from Eduro Healthcare. The transaction launches Grant Avenue Capital's home-based care buy-and-build initiative, with certain individual shareholders of Eduro retaining a minority stake in Valeo.

Emergency Care Partners Acquires Arizona Emergency Medicine Specialists

May 2, 2022

Healthcare Services

Emergency Care Partners (ECP), a national emergency medicine and ED management platform backed by Varsity Healthcare Partners and Regal Healthcare Capital Partners, has completed a strategic merger with Arizona Emergency Medicine Specialists (AEMS) of Lake Havasu, Arizona. The transaction brings AEMS physicians into ECP's physician-shareholder model, expands ECP's presence in the Southwest, and increases the combined platform to 43 locations with a clinical workforce supporting roughly 1,000,000 patient visits annually.

Ovation Healthcare (Grant Avenue-backed) Acquires MedCo Services

March 21, 2023

Healthcare Services

Ovation Healthcare (fka QHR Health), a hospital management and consulting company backed by Grant Avenue Capital, has acquired MedCo Services. The undisclosed deal expands Ovation’s revenue cycle management (RCM) capabilities, adds MedCo’s acute-care hospital clients and internally developed workflow software, and diversifies Ovation’s RCM technology and service offering.