M&A Deal Summary

Resolute Capital Partners, Harvey & Company and Shore Capital Partners Acquire Reliant Health Partners

On December 1, 2022, private equity firm Resolute Capital Partners, merchant bank Harvey & Company and private equity firm Shore Capital Partners acquired business services company Reliant Health Partners

Acquisition Highlights
  • This is Resolute Capital Partners’ 3rd, Harvey & Company’s 6th and Shore Capital Partners’ 6th transaction in the Business Services sector.
  • This is Resolute Capital Partners’ 22nd, Harvey & Company’s 62nd and Shore Capital Partners’ 49th transaction in the United States.
  • This is Resolute Capital Partners’ 3rd, Harvey & Company’s 2nd and Shore Capital Partners’ 4th transaction in Tennessee.

M&A Deal Summary

Date 2022-12-01
Target Reliant Health Partners
Sector Business Services
Buyer(s) Resolute Capital Partners
Harvey & Company
Shore Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Reliant Health Partners

Collierville, Tennessee, United States
Reliant Health Partners is a provider of pre-payment claims repricing solutions to Group Health Plans (usually out-of-network) and Worker’s Compensation Groups. Reliant Health Partners was founded in 2010 and is based in Collierville, Tennessee.

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Buyer(S) 3

DESCRIPTION

Resolute Capital Partners is a private equity firm that invests in a variety of industries and situations across the US. Resolute Capital Partners is based in Nashville, Tennessee.


DEAL STATS #
Overall 22 of 25
Sector (Business Services) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 10 of 13
State (Tennessee) 3 of 3
Country (United States) 22 of 25
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-28 PlusMedia

Danbury, Connecticut, United States

PlusMedia is a full-service performance marketing company dedicated to helping direct-to-consumer and nonprofit brands acquire and retain customers and donors and drive revenue growth. PlusMedia is based in Danbury, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-01 Strongpoint Partners

Chicago, Illinois, United States

Strongpoint Partners is a tech-enabled financial services platform that provides third-party retirement administration (“TPA”), recordkeeping, and integrated payroll and HR technology solutions for small-and-medium businesses. Strongpoint Partners is based in Chicago, Illinois.

Buy -
DESCRIPTION

Harvey & Company is a principal investment and advisory group. The Firm works with companies and private equity firms on acquisition searches as well as makes investments of its own. Harvey & Company was established in 1998 and is headquartered in Newport Beach, California.


DEAL STATS #
Overall 67 of 72
Sector (Business Services) 6 of 6
Type (Buyout (LBO, MBO, MBI)) 26 of 27
State (Tennessee) 2 of 2
Country (United States) 62 of 67
Year (2022) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 CG Life

Chicago, Illinois, United States

CG Life is a marketing and communications agency focused on life science and healthcare. CG Life was founded in 2003 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 MasVida Health

Fort Worth, Texas, United States

MasVida is a provider of durable medical equipment, oxygen equipment and services, and consumable medical products to post-acute skilled nursing facilities. MasVida was the largest provider of DME solutions to skilled nursing facilities in serving over 800 skilled nursing facilities throughout the state. MasVida is HQAA accredited and has delivered quality equipment and products to its customers. MasVida Health is based in Fort Worth, Texas.

Buy -
Buyer

Shore Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2009
PE ASSETS 9.1B USD
Size Mega
Type Sector Focused
DESCRIPTION

Shore Capital Partners is a private equity group focused on opportunities in healthcare, food/beverages, and business services. Specific healthcare areas of interest include infusion therapy, laboratory services, laboratory products/distribution, outpatient rehab therapy, and behavioral health. Shore looks to invest in proven businesses with stable cash-flows and 'significant' growth potential. Prospective companies typically have $5 to $100 million in sales and $1 to $10 million of EBITDA. Shore Capital was formed in 2009 and is based in Chicago, Illinois.


DEAL STATS #
Overall 50 of 63
Sector (Business Services) 6 of 8
Type (Buyout (LBO, MBO, MBI)) 20 of 26
State (Tennessee) 4 of 5
Country (United States) 49 of 62
Year (2022) 10 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 CG Life

Chicago, Illinois, United States

CG Life is a marketing and communications agency focused on life science and healthcare. CG Life was founded in 2003 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-01 Elevate Women s Health

Denver, Colorado, United States

Elevate Women's Health is offering comprehensive medical and surgical OB/GYN services including in-office procedures, pelvic support treatment, and minimally invasive surgical techniques. Elevate Women's Health is based in Denver, Colorado.

Sell -