Livingstone Chicago’s Healthcare sector team has advised Option 1 Healthcare Solutions, a portfolio company of Thompson Street Capital Partners, on the sale of the business to Epic Health Services. Epic, backed by Webster Capital, is the largest paediatric homecare company in the United States.
Option 1 is a provider of in-home, enteral and oral nutrition therapy for medically-fragile children in the U.S. Headquartered in Chandler, Arizona, Option 1 serves over 6,000 patients, and has established a reputation for providing ‘best-in-class’ care for its paediatric patient base.
“Livingstone’s knowledge of Option 1 and their extensive expertise in the home health sector were absolutely crucial in finding an outstanding outcome for all parties,”said Brian Kornmann, Director at Thompson Street.
“The acquisition of Option 1 allows Epic Health Services to broaden its services in the paediatric space beyond skilled nursing,” added Livingstone Chicago’s Partner Jim Moskal, who also advised Option 1 on its sale to Thompson Street in 2007.“Having advised and followed Option 1 through various stages of its lifecycle, we believe that Epic is the ideal home for the company to support its continued growth.”