Tag: SG Homecare
Balance Point Capital backs SG Homecare acquisition
May 21, 2024HME News Staff
WESTPORT, Conn. – Balance Point Capital, an alternative investment manager focused on the lower-middle market, has announced its investment in SG Homecare. Balance Point, in conjunction with affiliate funds Balance Point Capital Partners V and Balance Point Capital Partners VI, arranged debt financing to support SG Homecare’s recent acquisition of Western Drug, retire existing debt and provide capital for future working capital needs. “Balance Point is excited to support SG’s...
In brief: SoCal’s new ‘powerful platform,’ Vertess’ recognition, WHILL’s growth
May 10, 2024HME News Staff
TUSTIN, Calif. – SG Homecare, a provider of HME and supplies, has acquired Western Drug Medical Supply, creating a platform to scale in Southern California.
The combined entity has more than $150 million in annual revenue and more than 500 employees.
"This is a transformative moment for both SG Homecare and Western Drug Medical Supply," said Jay Wendt, CEO, SG Homecare. "We're committed to a seamless integration, fostering a powerful platform for growth....
SG Homecare acquires Western Drug, creating powerful platform
May 9, 2024HME News Staff
TUSTIN, Calif. – SG Homecare, a provider of HME and supplies, has acquired Western Drug Medical Supply, creating a platform to scale in Southern California’s home care market.
The combined entity has more than $150 million in annual revenue and more than 500 employees.
"This is a transformative moment for both SG Homecare and Western Drug Medical Supply," said Jay Wendt, CEO, SG Homecare. "We're committed to a seamless integration, fostering a...
In brief: Sverica Capital, Humana, WellSky, CareBridge
June 17, 2022HME News Staff
BOSTON – Sverica Capital Management, a private equity investment firm, has made a strategic investment in SG Homecare, a Tustin, Calif.-based provider of DMEPOS to patients throughout the state.
SG specializes in using capitated contracts, serving a wide range of payers and risk-bearing provider groups, acting as a value-added partner to these organizations as they seek to provide high-quality care for their home-based populations.
“After an exhaustive search for the...
PE firm invests in SG Homecare
June 17, 2022HME News Staff
BOSTON – Sverica Capital Management, a private equity investment firm, has made a strategic investment in SG Homecare, a Tustin, Calif.-based provider of DMEPOS to patients throughout the state.
SG specializes in using capitated contracts, serving a wide range of payers and risk-bearing provider groups, acting as a value-added partner to these organizations as they seek to provide high-quality care for their home-based populations.
“After an exhaustive search for the...