Five Points Healthcare announced that it acquired BestCare Home Care on April 30, 2014. BestCare is a home health provider of Medicare-certified, Medicaid-waiver and personal care services throughout Northern and Western Virginia.
Equity financing for the acquisition was provided by Fulcrum Equity Partners. This marks the third acquisition completed by Five Points and Fulcrum and serves as the company's initial entry into the state of Virginia.
"We're extremely excited by the opportunity to work with the professionals at BestCare and to expand our services into Virginia," said Rob Radics, CEO of Five Points. "We will look to build on the strong foundation of quality patient care and excellent customer service established by BestCare and continue the company's growth throughout Northern Virginia."
"We are pleased to partner again with the Five Points management team in expanding the company's footprint into Virginia," said Fulcrum Partner Tom Greer. "This acquisition has a lot of growth potential in the state of Virginia and we will continue to work with Rob and his team in identifying additional high-quality acquisitions."
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