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Announced

Completed

Wellspring Capital Management completed the acquisition of HealthPRO Heritage from BPOC.

Synopsis

Wellspring Capital Management, a private equity firm, completed the acquisition of HealthPRO Heritage, a provider of therapy management and consulting services to nursing homes and long-term care facilities, from BPOC, a Chicago-based private equity management firm. Financial terms were not disclosed. "It has been a privilege to work with John and the HPH management team and to support the company through this period of impressive growth, including the addition of new end markets and multiple acquisitions. We are pleased with all that the Company has been able to achieve during our partnership, and we wish John and the management team the best as they continue into their next phase of growth," Grant Patrick, BPOC Partner.

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