Investment Summary

Trive Capital, Coltala Holdings and Athyrium Capital Management Invest In Choice Health at Home

On July 21, 2020, private equity firm Trive Capital, private equity firm Coltala Holdings and asset manager Athyrium Capital Management invested in healthcare services company Choice Health at Home

Investment Highlights
  • This is Trive Capital’s 2nd, Coltala Holdings’ 1st and Athyrium Capital Management’s 9th transaction in the Healthcare Services sector.
  • This is Trive Capital’s 26th, Coltala Holdings’ 2nd and Athyrium Capital Management’s 38th transaction in the United States.
  • This is Trive Capital’s 2nd, Coltala Holdings’ 2nd and Athyrium Capital Management’s 2nd transaction in Texas.

Investment Summary

Date 2020-07-21
Target Choice Health at Home
Sector Healthcare Services
Investor(s) Trive Capital
Coltala Holdings
Athyrium Capital Management
Deal Type Stake Purchase

Target

Choice Health at Home

Tyler, Texas, United States
Choice Health at Home is a home health, hospice, and rehabilitation service provider. The Company operates from 40 locations in Texas, Louisiana, and Oklahoma serving thousands of patients annually via their base of over 800 licensed healthcare employees. Choice Health at Home was founded in 2007 and is based in Tyler, Texas.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 3

Investor

Trive Capital

Dallas, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2012
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Trive Capital is a hands-on, operationally-focused private equity firm that targets complex or special situations in 'out of favor' but protected market niches. The Firm will consider businesses throughout North America offering differentiated products/services with leading/defensible industry positions. Trive looks to commit $10 to $300 million per investment in businesses generating revenues of $40 million to $1.5 billion. Sectors of interest include automotive, transportation, aerospace/defense, building products, construction, infrastructure, healthcare, manufacturing, industrial, chemicals, distribution, consumer goods, energy services, business services, and communications. Trive Capital was founded in 2012 and is based in Dallas, Texas.


DEAL STATS #
Overall 28 of 56
Sector: Healthcare Services M&A 2 of 5
Type: Stake Purchase M&A Deals 1 of 3
State: Texas M&A 2 of 7
Country: United States M&A 26 of 52
Year: 2020 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-16 Madison-Kipp

Madison, Wisconsin, United States

Madison-Kipp is a fully integrated manufacturer of precision aluminum die-cast and machined assemblies for customers in the automotive, leisure, and lawn & garden categories. Madison-Kipp was established in 1898 and is based in Madison, Wisconsin.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-22 Rubicon Bakers

Richmond, California, United States

Rubicon Bakers produce high-quality, scratch-made baked goods that offer a complete solution for in-store bakeries. Rubicon’s in-house product development team creates innovative and delicious new offerings including vegan and plant-based options. Rubicon’s bakery combines efficiency from state-of-the-art equipment with unique hand-finished details to provide compelling and differentiated treats to customers on a national scale. Rubicon Bakers was founded in 1993 and is based in Richmond, California.

Buy -
DESCRIPTION

Coltala Holdings is a private investment holding company that targets manufacturing and services companies valued between $30 and $100 million. Specific areas of interest include aerospace, test/measurement equipment, food equipment/processing, home services, and business services. The Firm prefers majority investments in profitable enterprises with low capital expenditures and operating in non-cyclical, fragmented industries. Coltala Holdings was established in 2017 and is headquartered in Forth Worth, Texas.


DEAL STATS #
Overall 2 of 4
Sector: Healthcare Services M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 2
State: Texas M&A 2 of 4
Country: United States M&A 2 of 4
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-16 Trüdela Partners

Arlington, Texas, United States

Trüdela Partners is a DFW-based company specializing in home service repairs and maintenance. We focus on providing our customers with an exemplary customer experience through preventive maintenance and a first-time fix approach on service appointments. Trüdela Partners was established in and is based in Arlington, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-24 Pond Robinson & Associates

Frisco, Texas, United States

Pond, Robinson & Associates is a nationwide commercial equity-level due diligence firm, providing engineering and architectural services for institutional property owners acquiring or developing commercial real estate. Pond, Robinson & Associates is based in Frisco, Texas.

Buy -
Investor

Athyrium Capital Management

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2008
PE ASSETS 4.6B USD
Size Large
Type Sector Focused
DESCRIPTION

Athyrium Capital Management is a large asset manager focused on the healthcare sector. Athyrium invests in a wide range of financial instruments including royalties, structured credit, and equities as well as select special situations. Athyrium Capital was established in 2008 and is headquartered in New York, New York.


DEAL STATS #
Overall 41 of 50
Sector: Healthcare Services M&A 9 of 12
Type: Stake Purchase M&A Deals 11 of 14
State: Texas M&A 2 of 2
Country: United States M&A 38 of 45
Year: 2020 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-19 Biora Therapeutics

San Diego, California, United States

Biora Therapeutics is a clinical-stage biotechnology company developing oral therapeutic-delivery platforms for needle-free systemic delivery of large molecules and targeted therapy delivery in the gastrointestinal tract. Biora Therapeutics was founded in 2010 and is based in San Diego, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-01 Leon Medical Centers

Doral, Florida, United States

Leon Medical Centers is a healthcare services provider serving Medicare patients. Leon Medical Centers was founded in 1996 and is based in Doral, Florida.

Buy -