M&A Deal Summary

RestorixHealth Acquires Wound Care Specialists

On July 12, 2016, RestorixHealth acquired healthcare services company Wound Care Specialists from Cressey

Acquisition Highlights
  • This is RestorixHealth’s 3rd transaction in the Healthcare Services sector.
  • This is RestorixHealth’s 3rd transaction in the United States.
  • This is RestorixHealth’s 1st transaction in Louisiana.

M&A Deal Summary

Date 2016-07-12
Target Wound Care Specialists
Sector Healthcare Services
Buyer(s) RestorixHealth
Sellers(s) Cressey
Deal Type Add-on Acquisition

Target

Wound Care Specialists

Metairie, Louisiana, United States
Wound Care Specialists is an operator of hospital-based outpatient wound care centers, delivers comprehensive management of hard to heal, chronic wounds in collaboration with treating physicians and local hospitals.

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Buyer(S) 1

Buyer

RestorixHealth

Metairie, Louisiana, United States

Category Company
Founded 1997
Sector Healthcare Services
DESCRIPTION

RestorixHealth is a provider of comprehensive wound care treatment centers that offer advanced wound care modalities as well as hyperbaric oxygen therapy (“HBOt”). RestorixHealth focuses on establishing in-hospital centers of excellence to treat the growing incidence of severe grade diabetic wounds of the lower extremities and wounds that are unresponsive to general wound care treatments. RestorixHealth was established in 1997 and is based in Metairie, Louisiana.


DEAL STATS #
Overall 3 of 4
Sector (Healthcare Services) 3 of 4
Type (Add-on Acquisition) 2 of 2
State (Louisiana) 1 of 1
Country (United States) 3 of 4
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-16 Paradigm Medical Management

El Segundo, California, United States

Paradigm Medical Management, Inc. is a progressive company, setting up and managing solid and successful wound care, amputation prevention and hyperbaric medicine centers in partnership with acute care hospitals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-21 Gordian Medical

Irvine, California, United States

Gordian Medical is a provider of advanced wound care, ostomy, urology, and tracheostomy supplies and services. AMT provides both critical care supplies and clinical support services to skilled nursing facilities and other post-acute care settings across the United States. The Company assists healthcare providers in managing the treatment of more than 250,000 wounds annually. Gordian Medical was founded in 1994 and is based in Irvine, California.

Buy -

Seller(S) 1

SELLER

Cressey

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
PE ASSETS 1.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Cressey & Company LP is a specialist private equity investment firm focused on buy-and-build opportunities in the healthcare sector. The firm invests in the range of $10 - $100 million and EBITA of at least $5 million. The firm specific areas of interest include hospitals, homecare, outpatient services, and specialty distribution. Types of transaction include buyout, growth and recapitalization. It also seeks controlling interest. Cressey & Company has offices in Chicago, Illinois and Nashville, Tennessee.


DEAL STATS #
Overall 15 of 22
Sector (Healthcare Services) 9 of 13
Type (Add-on Acquisition) 8 of 10
State (Louisiana) 1 of 2
Country (United States) 14 of 21
Year (2016) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 PurFoods

Ankeny, Iowa, United States

PurFoods is a provider of home delivered meals to Medicaid clients. Company started PurFoods (pure·foods) to help people, like ourselves, who care for a loved one and want to ensure they have access to healthy meals that are convenient to prepare. PurFoods was founded in 1999 and is based in Ankeny, Iowa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-10 Haven Behavioral Healthcare

Nashville, Tennessee, United States

Haven Behavioral Healthcare is a provider of specialized behavioral health services in locations across the country. The hospitals provide inpatient psychiatric stabilization and treatment to adults experiencing acute symptoms of depression, anxiety, psychosis or other severe behavioral problems. Haven Behavioral Healthcare was founded in 2006 and is based in Nashville, Tennessee.

Sell -