Cincinnati, OH, March 2011 – CarePoint Partners (“CarePoint”) today announced that it has acquired Premier Infusion (“Premier”). Premier provides home infusion pharmacy services in Austin, Texas and infusion pharmacy and related nursing services in the Atlanta, Georgia area. The Austin location complements CarePoint’s Dallas and Houston operations while CarePoint also continues to grow its southeastern footprint with this expansion into the Atlanta market. CarePoint now has twenty-two sites of service in nine states and with the acquisition of Premier, is quickly becoming a leader of home infusion services.
“We are very excited about our twelfth and latest acquisition. It advances our mission of maintaining a regional footprint while becoming a leading provider of customer-focused pharmacy and related healthcare services in both the home and alternate site environments,” said Dana Soper, CarePoint’s Chief Executive Officer. “What makes this a great fit is the fact that Premier excels at numerous IV therapies which are core CarePoint home infusion services.”
Brett Carter, COO of Premier added, “We always believed that home infusion is less about the medication and supplies, and more about the people who provide them. That’s why we are so excited to team up with CarePoint Partners and be a part of a great organization with the same patient-first belief system.”
About CarePoint Partners
WCP teamed with Chief Executive Officer Dana Soper in 2007 to form CarePoint Partners to acquire, develop and operate a network of home infusion and specialty pharmacies. Based in Cincinnati, CarePoint provides home infusion therapy and specialty pharmacy services via 17 sites of operation in eight states. Infusion pharmacy therapy involves the administration of medications and nutrients using intravenous, subcutaneous and epidural methods. Home infusion therapy allows patients to receive these medications without the inconvenience or cost of a hospital visit.
For additional information on CarePoint, visit the company’s website at www.carepointpartners.com.
About Waud Capital Partners
WCP is a leading middle market private equity investment firm founded in 1993 that partners with exceptional management teams to invest in growth equity investments, industry consolidations, buyouts and recapitalizations. The firm seeks to invest $10 million to $100 million in private companies in the following four areas: healthcare services, business and consumer services, specialty distribution and value-added industrial businesses. Typically, the companies in which WCP invests have enterprise values between $30 million and $300 million.
For additional information on WCP, visit the firm’s website at www.waudcapital.com.
For Further Information Regarding Acquisitions:
Steven W. Jones, DPh, MBA
Executive Vice President, Business Development
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