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Announced

Completed

HIG Capital completed the acquisition of St. Croix Hospice from The Vistria Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Domestic

Friendly

United States

Single Bidder

Health Care Facilities

Majority

Private

hospice care

Completed

Synopsis

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HIG Capital completed the acquisition of St. Croix Hospice, a provider of hospice care across the Midwestern United States, from The Vistria Group, a Chicago-based investment firm focusing on the healthcare, education and financial services sectors. Financial terms were not disclosed. "Over the years, as society has more openly and honestly talked about end-of-life care, we have seen more individuals choosing hospice when faced with a terminal diagnosis, and more families reporting that hospice helped their loved ones pass gracefully. We're honored to be partnering with Heath and the St. Croix team to continue to support their important work of providing compassionate hospice services," Alok Sanghvi, HIG Capital Managing Director.

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