Alegis Care (previously known as Home Physicians) is a Chicago-based Chronic Care Management, Health Risk Assessment and Medicare Fee for Service organization that was acquired by Triton Pacific in March of 2006. Focused on providing comfortable in-home care for chronically ill and elderly patients, Alegis Care’s services are particularly timely with respect to the Affordable Care Act (www.alegiscare.com).
“We are pleased to have Cigna recognize the value created in Alegis Care. We achieved our strategic positioning of the company to capitalize on the Affordable Care Act’s stated goal of combining cost containment with quality of care,” said Craig Faggen, CEO of Triton Pacific. “Cigna is in an excellent position to build and guide Alegis Care through the next phase of growth.”
Triton Pacific Capital Partners acquires controlling interests in profitable entrepreneurial companies. The firm seeks to partner with management of established, profitable companies that have compelling, differentiated business propositions. Triton Pacific currently maintains a controlling investment in 16 private equity companies with an enterprise value in excess of $170 million. The firm was founded in 2001 and is headquartered in Los Angeles, CA, (www.tritonpacific.com).
Raymond James Financial served as exclusive financial advisor to Alegis Care.
© 2013 PEPD • Private Equity’s Leading News Magazine • 9-4-13