Search company, investor...

Predict your next investment

Asset/Investment Management
perkinindustries.com

Investments

1

Portfolio Exits

1

About Perkin Industries

Perkin Industries is a diversified portfolio of high-performance small and medium sized companies. All of its companies share some common characteristics: they are run by successful entrepreneurs, they have the opportunity to grow, they produce cash, and they have over three years of operating history. Perkin Industries buys into companies with the objective of becoming a value-added, long-term partner to the owners and operators.

Headquarters Location

7709 Maple Street Unit A

New Orleans, Louisiana, 70118,

United States

Are you an investor?
Submit your portfolio details now to be considered in our investor rankings.

Latest Perkin Industries News

Advanced Hospice Management, the Premier Hospice and Palliative Billing Service in the United States, Makes Strategic Acquisition

Jun 1, 2023

News provided by Share this article Share this article NEW ORLEANS, June 1, 2023 /PRNewswire/ --  Advanced Hospice Management  ("AHM") today announced the strategic acquisition of Healthcare Management and Billing Service, LLC ("HCMBS"), a leading Home Health Billing Service. Nationally recognized Hospice and Home Health billing expert, Delaine Henry, will become an owner and serve as CEO of the combined Companies. As part of this acquisition the combined companies will be renamed Advanced Revenue Cycle Management, LLC ("ARCM" or "the Company"). "The objective over the last decade of both companies has been to create a Hospice and Home Health billing service that strives on a daily basis to provide the highest quality service for every agency client," said Delaine Henry. "The role of Hospice and Home Health services is to provide dignified and compassionate care to America's aging population which is essential and incredibly hard work. We see our role as handling and resolving the complex issues around billing and Revenue Cycle Management ("RCM") so that our customers can focus on providing exceptional patient care." The Company has customers across the United States, including the Virgin Islands, Puerto Rico and Hawaii. Agencies large and small rely on Advanced Revenue Cycle Management for worry-free billing, from startups to the industry's largest agencies. "Hospice and In-Home Health reached $35B in 2022 in the US. and as the service providers continue to expand, they need strong business support solutions, especially as these business provide multiple lines of care" said Nic Perkin, Chairman and CEO of Perkin Industries , the majority owner of the Company. "We invested early in building proprietary processes and tools to ensure our clients businesses are running smoothly. That investment has paid off as we have firmly established ARCM as the gold standard in Hospice, Palliative and now Home Health Billing", said Perkin. Having started with just one biller over a decade ago, the Company will end this calendar year with over 50 billers across the United States. "The key has always been hiring top talent", said CEO Delaine Henry. "We hire 1 biller for every 50 applicants. Our billers come to us with talent and then learn our decades of refined processes for collections, which results in collections rates superior to what's seen anywhere in the industry" About Advanced Revenue Cycle Management Advanced Revenue Cycle Management is America's preeminent hospice, home health and palliative management company - providing comprehensive RCM services across the United States. Our billing team is made up of only the best and brightest claims managers from across the country. We unlock every gate in the RCM process to provide our agency partners with unparalleled claim collection speed and rates. About Perkin Industries Perkin Industries is headquartered in New Orleans Louisiana, with operations in New York and The Bay Area. Across Perkin Industries' portfolio of companies, Perkin Industries reaches over 36 million US based consumers and businesses. Perkin Industries focuses on cash producing companies that would benefit from the Perkin Industries' infrastructure as well as from its focus on execution and growth. They further specialize in converting sole proprietorships to enterprise companies. SOURCE Perkin Industries

Perkin Industries Investments

1 Investments

Perkin Industries has made 1 investments. Their latest investment was in Hispanicize Media Group as part of their Unattributed on February 04, 2016.

CBI Logo

Perkin Industries Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/4/2016

Unattributed

Hispanicize Media Group

$2M

Yes

2

Date

2/4/2016

Round

Unattributed

Company

Hispanicize Media Group

Amount

$2M

New?

Yes

Co-Investors

Sources

2

Perkin Industries Portfolio Exits

1 Portfolio Exit

Perkin Industries has 1 portfolio exit. Their latest portfolio exit was Hispanicize Media Group on July 01, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/1/2019

Acquired

$99M

1

Date

7/1/2019

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Perkin Industries Acquisitions

1 Acquisition

Perkin Industries acquired 1 company. Their latest acquisition was I Love My Dog So Much on July 13, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/13/2021

$99M

Corporate Majority

2

Date

7/13/2021

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Corporate Majority

Sources

2

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.