Harpeth Ventures Opportunity Fund is pleased to announce that HomeFirst Home Healthcare has acquired CV Home Health, an Alabama-based provider operating in seven counties in and around the Birmingham and Tuscaloosa markets.
The acquisition was supported by additional investment from existing investors, Harpeth Ventures and Fulcrum Equity Partners.
The acquisition increases HomeFirst’s presence across four certificate of need (CON) states – Tennessee, Georgia, North Carolina and Alabama.
"HomeFirst's management team continues to identify attractive opportunities on the acquisition front that contribute meaningful value to the platform and strengthen the team's ability to deliver care that not only improves outcomes, but also lowers healthcare spend," said Chuck Byrge, senior managing director of Harpeth Ventures. "We are excited to continue supporting this proven management team."
Additional information – "HomeFirst Home Healthcare Taking 'Proactive' Medicare Advantage Approach Through Acquisition, Strategy"
Harpeth Ventures targets investments in disruptive companies well positioned for substantial growth, with a predominant focus in the healthcare sector. Targeted companies benefit from leveraging the firm’s broad and deep network and strategic advice. Harpeth Ventures is an affiliate of Harpeth Capital, a private, middle market investment banking firm headquartered in Nashville serving clients throughout the U.S. For more information, visit www.harpethcapital.com.