PHS to expand clinically excellent, patient-focused home care services for medically complex patients
St. Paul, MN, December 20, 2018– Pediatric Home Service (“PHS”), an independent comprehensive home care provider has partnered with InTandem Capital Partners, LLC (“InTandem”), a healthcare services-focused private equity firm, to expand existing service lines both locally and nationally.
Pediatric Home Service specializes in helping kids be kids – at home – no matter what their medical challenges. The company’s home health care team provides advanced, integrated services throughout Minnesota and Wisconsin.
“We selected InTandem as our investment partner because of their deep understanding of the healthcare services industry and their proven track record implementing successful growth strategies”, said Chief Executive Officer, Mark Hamman. “As we work to establish PHS as a national leader in the pediatric home care industry, we are excited to leverage InTandem’s team of healthcare experts to assist us with accelerating our growth. ”
Elliot Cooperstone, Managing Partner of InTandem Capital Partners, said, “Mark and his team have done a terrific job developing a proven care model that allows children with medical complexities, and their families, to thrive in their communities. For nearly 30 years, they have helped thousands of children outlive expectations and successfully transition to adulthood. My team and I are thrilled to be part of the company’s vision, to make a difference in the life of every family they serve by taking care of the child and helping them thrive at home.”
“PHS is the gold standard for providing comprehensive care to children with complex medical conditions,” said Micah Meisel, Managing Director of InTandem Capital Partners. “They have established a solid foundation that is well positioned for future growth. We are eager to work with Mark and the entire leadership team to help take the business from a regional provider to a national leader.”
Goodwin Procter LLP served as legal advisor to InTandem Capital Partners. The Braff Group served as PHS’s financial advisor, and Gray Plant Mooty LLP, as its legal advisor.
About Pediatric Home Service
Pediatric Home Service is an independent pediatric home care company that helps children with medical complexities and technology dependencies live safely and successfully where they’re most comfortable, at home with their families, rather than in a hospital. Pediatric Home Service partners with health care professionals and family caregivers to deliver compassionate, specialized, high-quality care to children with complex medical needs. For additional information, please visit: www.PediatricHomeService.com
About InTandem Capital Partners
InTandem Capital is a private equity firm that invests in and helps accelerate the growth of select healthcare services companies. Its goal is to build excellent businesses of significant value working collaboratively with its management team partners. InTandem is comprised of former business executives and experienced investors, and is uniquely qualified to provide strategic, acquisition and operating expertise to help companies significantly increase their value over time. InTandem provides active support to the management of its portfolio companies directly, and leverages its network of industry executives to augment its capabilities.For further information, please visit: www.intandemcapital.com
Media Contact
Katlyn Bourget
Digital & PR Specialist at PHS
651-789-0937
kjbourget@pediatrichomeservice.com
