Latest Unifour Nursing News
Oct 6, 2015
Epic Health Services Gains Foothold in the Southeast with Acquisition of Unifour Nursing This is the fourth transaction that CIT has led for Epic Health Services (Epic) and complements the $210 million senior secured credit facility provided by CIT in support of Epic’s acquisition of Loving Care Agency in March 2015. “Option1’s primarily pediatric patient base is highly complementary to Epic’s core business. The acquisition strengthens our presence in three states and adds three new states to our geographic footprint, creating a pediatric home healthcare business with national scale and significant market density,” said Chris Roussos, Chief Executive Officer, Epic Health Services. “We appreciate having the partnership with CIT in pursuit of our growth objectives. Together, Option1 and Epic will serve approximately 26,000 patients across 15 states.” William Douglass , Group Head and Managing Director, CIT Healthcare Finance, said, “CIT and Epic have built a strong relationship during the years we have been working together. Epic has been very thoughtful in their growth strategy, and we look forward to working with them as they continue to build the business.” Will Duke , Managing Director, CIT Healthcare Finance, said, “Option1 is a premier enteral therapy platform with an impressive track record of growth, extensive referral network and outstanding reputation for quality of care. The acquisition of Option1 strongly complements Epic’s current lines of business and positions the Company for continued penetration of new markets in the future.” Based in Dallas, Texas, Epic is a leading provider of pediatric home health and therapy services, as well as behavioral/mental and adult in-home services. Headquartered in Phoenix, Arizona, Option1 is the largest independent provider of enteral nutrition therapy products and services in the U.S., serving over 6,000 clients across six states. Enteral nutrition therapy is the administration of nutrients directly into the gastrointestinal tract through a feeding tube. EDITOR’S NOTE: CIT thought leadership content can be found at View from the Middle™ ( cit.com/viewfromthemiddle ) and our CIT Point of View blog ( cit.com/pov ). View our corporate video ( cit.com/corporatevideo ) and follow us on Twitter , LinkedIn , YouTube and Facebook . Register to receive press releases at cit.com/newsalerts . About Epic Health Services Epic Health Services provides pediatric home healthcare. Epic’s services are designed to provide a high quality, lower cost alternative to prolonged hospitalization for medically fragile and chronically ill children from birth through age 21. Their pediatric nursing services consist primarily of private duty home nursing care for pediatric patients with illnesses and conditions, such as digestive and absorptive diseases, congenital heart defects and other cardiovascular disorders, cancer, cerebral palsy, obstructive and restrictive pulmonary disease, orthopedic conditions and post-surgical needs. epichealthservices.com About Webster Capital Webster Capital provides equity financing, expertise and a broad contact network for management buyouts and growth capital. Webster Capital is a preferred partner for well-managed smaller companies with unrealized growth potential. The Webster Team works closely with ownership and management to effect a smooth transition and to achieve growth while maintaining company values and culture. webstercapital.com About CIT Founded in 1908, CIT (NYSE:CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across more than 30 industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. cit.com View source version on businesswire.com: http://www.businesswire.com/news/home/20151006005148/en/
Unifour Nursing Frequently Asked Questions (FAQ)
Where is Unifour Nursing's headquarters?
Unifour Nursing's headquarters is located at 805 W 25th St., Newton.
What is Unifour Nursing's latest funding round?
Unifour Nursing's latest funding round is Acquired.
Who are the investors of Unifour Nursing?
Investors of Unifour Nursing include Epic Health Services.