The Private Equity team recently advised Bristol Hospice, L.L.C. (“Bristol”), a portfolio company of Webster Capital, on its acquisitions of Optimal Health Services and Suncrest Hospice.
Bristol’s acquisition of Optimal Health Services, the largest privately-held hospice provider in California, will allow for continued growth and drive superior operating performance in the coming years. Financial terms were not disclosed. For additional details, please read the press release.
Bristol also acquired Suncrest Hospice, the largest for-profit hospice provider in Colorado, for an undisclosed amount. This acquisition does not involve any operations outside Colorado that operate under the name Suncrest. For additional details, please read the press release.
Bristol provides hospice and palliative care services to meet the physical, psychosocial and spiritual needs of individuals at the end of life. Bristol is headquartered in Salt Lake City, Utah and currently operates 23 separate locations across eight states.