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Moneyline: TwelveStone draws $3.5M in funding, ARI sells to PE firm for $140M

June 21, 2017HME News Staff

MURFREESBORO, Tenn. - TwelveStone Health Partners, a provider of pharmacy, infusion and enteral, respiratory and DME services, has secured $3.35 million in funding from Nashville, Tenn.-based private-equity firm Claritas Capital. “We have been wanting to accelerate our expansion plans for some time, and Claritas Capital offers the smart money, speed to market and accountability we had been looking for,” said Shane Reeves, CEO of TwelveStone. TwelveStone plans to use the funds to...

Mergers & Acquisitions (M&A), Private Equity, TwelveStone