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New Deal


Announced

Completed

InTandem Capital completed the investment in Providence Care.

Financials

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Transaction Value-
Consideration TypeCash
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United States

Private Equity

healthcare services

Acquisition

Completed

Private

Domestic

Minority

Single Bidder

Health Care Services

Synopsis

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InTandem Capital, a healthcare services focused private equity firm, completed the investment in Providence Care, a provider of post-acute and end-of-life services in South Carolina. Financial terms were not disclosed. “After meeting with InTandem Capital and understanding the value their team will bring to our company, the decision to partner with them was easy. Most important to us was finding a partner that shares our belief in putting the needs of the patient’s care first and specializes in preparing and helping companies execute and accelerate on their growth. It is an honor to welcome a team of investors and operators who have deep experience and success within the broader healthcare ecosystem," Johnnie Garmon, Providence Care Founder and Chief Growth Officer.

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