TYLER, Texas (September 7, 2021)—Trive Capital, a Dallas-based private equity firm, is excited to announce its partnership with Choice Health at Home. Headquartered in Tyler, Texas the company is a geriatric post-acute home health business that has historically served patients throughout Texas. Choice was founded in 2007 as a physical rehabilitation practice, but over the last 10-plus years, the business expanded into home health and hospice, growing organically through geographic expansion, as well via merger and acquisition activity.
"Trive is excited to partner with Choice in its mission of serving patients and their families' needs at home across the continuum of care," commented Conner Searcy, managing partner at Trive Capital. "Choice's patient-centric culture and commitment to clinical excellence are critical to the company's success, and we look forward to providing capital and resources to help Choice expand its reach."
Thrive Founder and CEO David Jackson said, "Trive's ability to provide senior debt, subordinated debt and preferred equity resulted in a streamlined transaction that provided high certainty of execution. Through our partnership with Trive, Choice has been able to accelerate the Company's growth, having closed seven add-on transactions since Trive made its initial investment in Choice in July 2020. Choice has also expanded its geographic footprint to include home health and hospice care in Oklahoma."
Choice is currently seeking opportunities to acquire additional home health and hospice businesses throughout Texas, Oklahoma, New Mexico, Arizona, Louisiana and Arkansas.
Visit choicetx.com for more information
