Epic Health Services, a provider of pediatric nursing services and a portfolio company of Webster Capital, has acquired pediatric and adult home care provider Unifour Nursing. The acquisition of Unifour Nursing provides Epic with entry into the North Carolina market and increases the company’s service territory to 16 states.
Unifour’s President Darius Nouri will be positioned in a regional operations role and will oversee all North Carolina operations of the combined company. Mr. Nouri will also be tasked with facilitating a growth and expansion strategy across the state and throughout the southeast. “The resources that Epic brings to the table will help position Unifour for accelerated growth throughout North Carolina and serve as an entrance for Epic into the southeastern part of the country,” said Mr. Nouri. Unifour Nursing was founded in 1985 and is based north of Charlotte in Newton, NC (www.unifournursing.com).
Epic Health Services is a provider of pediatric home health and therapy services as well as adult home health services. Epic provides care to more than 6,000 patients and its services include nursing, therapy, personal care and behavioral health nursing. With the purchase of Unifour, Epic now serves its patients in 11 states – Texas, Pennsylvania, Massachusetts, New Jersey, Missouri, Indiana, Delaware, Arizona, Illinois, Colorado, and North Carolina. Epic was founded in 2001 and is based in Dallas (www.epichealthservices.com).
“We’re constantly on the lookout for like-minded companies that are as dedicated to exceptional patient care as we are, and we found that match with Unifour Nursing,” said Epic President and CEO Chris Roussos. “The acquisition furthers our vision to be the only – and the best – pediatric care continuum provider in the country.”
Webster Capital invests in branded consumer, business-to-business, and healthcare services companies with EBITDAs from $3 million to $15 million and transaction values from $20 million to $100 million. At present, Webster has $600 million under management and is currently investing its third fund which closed in 2014 with $400 million in capital commitments. The firm was founded in 2003 and is based in the Boston suburb of Waltham (www.webstercapital.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 10-2-15
