J.H. Whitney Completes Purchase of PSA Medical

New Canaan, Connecticut (PRWEB) March 23, 2015

J.H. Whitney Capital Partners, LLC a leading middle-market exclusive equity firm, announced today so it has actually acquired Pediatric Services Holding Corporation, the parent business of Pediatric Services of America, Inc., called PSA medical. Monetary regards to the transaction are not revealed.

PSA is a leading supplier of critically essential homecare services for clinically delicate kiddies. Recognized as an industry frontrunner in quality so it developed across Companys 25 12 months history, PSA provides treatment to significantly more than 2,500 customers across 17 states through over 65 offices. In addition to its core home-based pediatric private duty medical platform, PSA provides an extensive number of health care solutions, including home-based person private-duty medical, home-based pediatric competent nursing visits and treatments, outsourced school wellness programs, pediatric time treatment centers for clinically delicate kids and intellectual and developmental homecare.

Through the efforts of our skilled and dedicated employees, PSA became a frontrunner in providing high quality home care solutions for medically fragile kiddies and many more whom our company is privileged to provide, said Eric Minkove, Chief Executive Officer of PSA. We anticipate integrating with J.H. Whitney and believe that collectively we are able to more our objective to provide the greatest quality attention to your families who need our services.

Our company is very excited to companion with PSA, said Steve Rodgers, Managing Director at J.H. Whitney. PSAs committed business culture and reputation successfully offering quality, economical homecare services have situated them as a leader in its business.

BMO Capital Markets Corp. acted as unique monetary advisor and Debevoise & Plimpton LLP acted as legal consultant to PSA regarding the this deal. Kirkland & Ellis LLP and Nixon Peabody LLP acted as legal advisors to J.H. Whitney associated with this exchange. BMO Capital Markets Corp. acted as lead arranger associated with your debt financing for the deal.

About J.H. Whitney: created in 1946 by the industrialist and philanthropist, John Hay Jock Whitney, J.H. Whitney ended up being one of the first U.S. private equity businesses and it is usually paid with pioneering the development of the private equity business. These days, J.H. Whitney remains privately owned by its investing professionals and centers around offering personal equity capital to little and middle marketplace organizations with powerful development customers in many different companies including customer, health, niche manufacturing and company services. To learn more, visit http://www.whitney.com.

About PSA Healthcare: PSA Healthcare is a nationwide home medical business handled predominantly by clinicians. Our solutions provide care for clinically fragile people of all centuries in comfort of their domiciles. PSA medical has a lot more than 5,000 competent caregivers, providing expert, top-notch, private-duty medical to clients in over 65 areas offering 17 states. To learn more, visit http://www.psahealthcare.com.

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