Spring Capital Partners makes Investment in HomeCentris Healthcare

Spring Capital Partners III, L.P. made a $2.375 million subordinated debt and preferred equity investment in HomeCentris Healthcare, LLC (“HomeCentris”), an entity created to acquire Personal Home Care, Inc., Maryland Home Health, LLC, and Community Health Center, LLC. The proceeds were used to facilitate the acquisitions in conjunction with equity invested by Matt Auman and Tim Trybus, two seasoned healthcare executives who have assumed the roles of CEO and CFO, respectively. Interprise Partners sponsored the transaction while the Sellers rolled significant equity and remain involved in the businesses.

Continue reading