Greenwood Village, CO, United States (December 15, 2017) The Forbes M+A Group (“Forbes”), a leading transaction advisory firm, acted as exclusive advisor to PASCO on its partnership with TEAM Risk Management Strategies and Acumen Fiscal Agent, two portfolio companies of Alpine Investors. The terms of the partnership were not disclosed.
“PASCO selected The Forbes M+A Group amongst competing advisory firms because of their reputation for identifying excellent strategic partners and the great advice Forbes offered before even being officially engaged. Also, they deeply understood the home health and home and community based services space. This understanding allowed Forbes to identify the best potential organizations and approach to partnering for the long term success of PASCO supporting the clients we serve. I am beyond pleased with the ultimate outcome achieved through their process,” said PASCO CEO Ryan Zeiger.
“Home health care companies with strong reputations, broad service offerings, and attractive growth opportunities are highly valued by both strategic and financial partners seeking to support emerging trends in long term services and supports. We knew that PASCO was ideally positioned to attract significant interest from potential partners, maximizing choice of potential partnering organizations,” said Bill Nack, Managing Director at Forbes. Blake Shear, Director at Forbes added, “The partnership formed was both consistent with the robust activity in the home health area, but also unique in the philosophy and capabilities it brings together across the joined organizations to support individuals with long term care needs.”
PASCO is a home healthcare agency headquartered in Lakewood, Colorado. PASCO’s passion and service philosophy are centered around providing maximum choice and independence in their home and community based service delivery. True to that vision, PASCO helped advocate for and develop a unique program that allows parents of children with disabilities to serve as paid Certified Nurse Assistant caregivers for their children. This unique program is available exclusively in Colorado, the only state in which PASCO currently operates.
TEAM, founded in 2003, provides outsourced household employment services in all 50 states, with a focus on facilitating self-directed care for clients of banks, trust companies, and other fiduciaries.
Acumen, founded in 1995, is one of the largest providers of fiscal agent solutions in the nation, working with individuals with disabilities and their families to help facilitate consumer-directed healthcare services.
About Alpine Investors
Alpine is a values-driven private equity firm with a mission to build enduring companies by working with, learning from and developing exceptional people. Alpine specializes in lower middle-market companies in the software, online and business services industries. For more information, visit www.alpine-investors.com.
About The Forbes M+A Group
The Forbes M+A Group is an award-winning Denver, CO-based mergers and acquisitions advisory firm. The firm serves sellers or buyers in middle-market M&A transactions. It applies meticulous attention to detail in helping business owners develop and execute M&A strategy, acquire companies and partner with investor groups for growth, and maximize value in an eventual exit. Senior advisors at The Forbes M+A Group have more than 200 years of combined experience in transactions across a wide variety of industries. For more information on the company, please visit: www.forbesma.com or phone 303-770-6017.
For more information regarding this transaction or The Forbes M+A Group please visit www.forbesma.com or contact the following professionals:
Bill Nack, Managing Director | 720.785.4642 | firstname.lastname@example.org
Tom Schmidt, Managing Director | 303.770.6017 | email@example.com
Blake Shear, Director | 303.246.8509 | firstname.lastname@example.org