St. Croix Hospice, a portfolio company of The Vistria Group, has acquired Hometown Hospice & Homecare.
Hometown provides hospice care through three facilities in Brookfield, WI (headquarters); Fond du Lac, WI; and Mount Pleasant WI (www.hometownhh.com).
Hometown’s eastern Wisconsin facilities extend St. Croix’s reach in Wisconsin, allowing the company to provide its hospice services to a broader base of patients. “It is our mission to bring the highest quality care to patients and families throughout the Midwest,” said Heath Bartness, CEO of St. Croix Hospice. “We are thrilled at the opportunity to partner with a similarly high-performing, mission-driven organization which allows us to expand our services in eastern Wisconsin.”
St. Croix Hospice provides hospice care to more than 2,000 patients a day through a network of 27 office locations in Minnesota, Iowa, Wisconsin, Nebraska, and Kansas. The company, founded in 2008, has more than 800 employees and is headquartered near Minneapolis in Oakdale, MN (www.stcroixhospice.com).
“Hometown represents an exciting addition to the St. Croix family from each of a geographic, talent and clinical perspective,” added David Schuppan, a senior partner at The Vistria Group. “The St. Croix team strives to be industry leaders to all hospice stakeholders, and we’ve enjoyed the opportunity to work with them as they expand and enhance their geographic coverage and capabilities, respectively, throughout the region.”
The Vistria Group invests in middle-market companies that are active in the healthcare, education, and financial services industries. The firm is based in Chicago (www.vistria.com).
© 2019 Private Equity Professional | August 16, 2019