Brentwood Capital Advisors LLC (“BCA”) is pleased to announce that it served as exclusive financial advisor to CarePlus Management (“CarePlus”), a portfolio company of Fulcrum Equity Partners and Level Capital Partners, in its recently completed sale to CRH Medical (“CRH”), a wholly-owned subsidiary of WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF). The acquisition of CarePlus strengthens CRH’s existing clinical anesthesia services business while also providing avenues for growth and diversification through CarePlus’ recruitment and revenue-cycle management divisions.

Headquartered in Atlanta, Georgia, CarePlus has three primary businesses: (i) RADAR Healthcare Providers which provides staffing and locum tenens services focused on anesthesia providers; (ii) anesthesia services, which provides specialized, multidisciplinary anesthesia management services to operators of outpatient healthcare facilities and (iii) Premier Choice Billing which provides billing, revenue cycle management (RCM) and collection services for healthcare entities.

“We are excited for CarePlus to combine with CRH and continue to deliver on its mission of providing best-in-class anesthesia management services, provider recruiting and RCM and collection services,” said Dan Kohl, CarePlus CEO. “BCA was invaluable in finding a great transaction outcome for our employees, customers and shareholders.”

“CarePlus strengthens CRH’s existing business in new geographies and provides valuable opportunities for growth and service expansion,” said Michael Ory (Managing Director) and Patrick Price (Director) at BCA. “We really enjoyed working with CarePlus leadership on this transaction and are excited to see the company continue to grow as part of CRH.”

About Brentwood Capital Advisors

Founded in 1999 and headquartered in Nashville, Tennessee, Brentwood Capital Advisors (“BCA”) is one of the nation’s premier independent investment banks.  BCA provides innovative, actionable, and no-conflict strategic and financial advice on mergers and acquisitions, recapitalizations, corporate divestitures, and growth capital transactions.  BCA serves growth-oriented, middle-market Healthcare Services, Healthcare Technology, and Business Services companies. For more information, visit www.brentwoodcapital.com.