M&A Deal Summary

Pharos Capital Group Acquires Charter Health Care Group

On October 30, 2018, private equity firm Pharos Capital Group acquired healthcare services company Charter Health Care Group

Acquisition Highlights
  • This is Pharos Capital Group’s 12th transaction in the Healthcare Services sector.
  • This is Pharos Capital Group’s 31st transaction in the United States.
  • This is Pharos Capital Group’s 2nd transaction in California.

M&A Deal Summary
Date 2018-10-30
Target Charter Health Care Group
Sector Healthcare Services
Buyer(s) Pharos Capital Group
Deal Type Recapitalization

Target

Charter Health Care Group

Colton, California, United States
website
Charter Health Care Group is an integrated post-acute care provider offering hospice, home health, and transitional care services. With over 1,000 patients and eight locations across San Bernardino, Riverside, Los Angeles, Ventura and Orange counties. Charter Health Care Group was established in 2006 and is based in Colton, California.

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Buyer(S) 1

Buyer

Pharos Capital Group

Dallas, Texas, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1998
PE ASSETS 1.0B USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Pharos Capital Group is a private equity firm that provides later-stage equity funding to companies at or near cash-flow break even. Investment funds are typically used to support growth, acquisitions, management buyouts, or recapitalization. Pharos looks to commit $20 to $50 million per transaction. Target sectors include healthcare, business services, and technology. Pharos prefers US-based opportunities. Pharos Capital Group was formed in 1998 and is based in Dallas, Texas.

DEAL STATS #
Overall 32 of 39
Sector (Healthcare Services) 12 of 15
Type (Recapitalization) 2 of 2
State (California) 2 of 2
Country (United States) 31 of 38
Year (2018) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-19 Verdi Oncology

Brentwood, Tennessee, United States

Verdi Oncology is an oncology practice and clinical research management company focused on aggregating high-quality oncology practices that participate or qualify to participate in the Oncology Care Model program, a value-based care payment program backed by CMS, and similar programs offered by commercial payors. Verdi Oncology was established in 2018 and is based in Brentwood, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-02 Catalyst Behavioral Solutions

Layton, Utah, United States

Catalyst Behavioral Solutions is a provider of mental health therapy and behavior programs for individuals and families, telehealth services. Catalyst Behavioral Solutions was founded in 2014 and is based in Layton, Utah.

Buy -
Mergr

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