Investment Summary

Formation Capital Exits TridentCare

On February 13, 2019, invested in healthcare services company TridentCare from Formation Capital

Investment Highlights
  • This is transaction in the Healthcare Services sector.
  • This is transaction in the United States.
  • This is transaction in Maryland.

Investment Summary

Date 2019-02-13
Target TridentCare
Sector Healthcare Services
Sellers(s) Formation Capital
Deal Type Bankruptcy

Target

TridentCare

Sparks Glencoe, Maryland, United States
TridentCare is the leading bedside diagnostic and clinical services company specializing in serving post-acute care patients. Throughout its history, TridentCare and its predecessor companies have deployed experienced healthcare professionals and leading-edge technology to provide portable X-ray, ultrasound, EKG, clinical laboratory, nurse practitioner-based primary care, vascular access, and other services to millions of patients, wherever they are.

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Seller(S) 1

SELLER

Formation Capital

Investor Investor Investor


Category Private Equity Real Estate
Founded 2001
PE ASSETS 2.9B USD
Size Large
Type Sector Focused
DESCRIPTION

Formation Capital is a private investment firm focused on senior housing and senior care, including post-acute and other senior health services. Formation Capital was formed in 2001 and is headquartered in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector: Healthcare Services M&A 1 of 1
Type: Bankruptcy M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-01 HC-One

Darlington, United Kingdom

HC-One provides kind care to over 13,000 Residents across over 260 care homes in the UK. HC-One was founded in 2011 and is based in Darlington, United Kingdom.

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