LifeCare Home Health Family Secures Investment from Zenyth Partners
Brentwood Capital Advisors Serves as Exclusive Financial Advisor to LifeCare Home Health Family
June 6, 2024 – Nashville, TN
Brentwood Capital Advisors LLC (“BCA”) is pleased to announce that it served as the exclusive financial advisor to LifeCare Home Health Family (“LifeCare” or the “Company”), a leading post-acute services provider, in its recently completed investment from Zenyth Partners (“Zenyth”), an investment firm focused exclusively on building leading healthcare companies.
Headquartered in Irving, TX, LifeCare provides skilled home health and private duty care through 10 affiliated branches spanning Texas, Florida and Nevada. LifeCare is distinguished by its exceptional clinical quality and patient outcomes. Through its new partnership with Zenyth, the Company plans to expand within and beyond its current footprint and also broaden its service lines to support a comprehensive, integrated continuum of post-acute care offerings.
“We’re thrilled to partner with the Zenyth team, who we have known for over 5 years now. We’re proud of the success we’ve had to date and are excited at the prospect of what we can achieve with the resources and expertise that Zenyth brings to bear,” said Dean Alverson, Chief Executive Officer of LifeCare. “The BCA team was exceptional throughout every step of the transaction process, and their advice was invaluable in finding the best partner for our organization.”
“LifeCare’s partnership with Zenyth creates a leading presence in the post-acute sector. We were honored to advise LifeCare’s top-notch leadership team and expect them to enjoy continued success.” said John Allgood, Director at BCA. Kyle Witty, Director at BCA, added, “The post-acute sector continues to be a key focus area for BCA’s healthcare services practice, and this transaction bolsters BCA’s leadership position in post-acute healthcare investment banking. We were honored to work with Dean and the LifeCare team, and we expect nothing but success for LifeCare.”
Holland & Knight served as legal advisor to LifeCare.
About Brentwood Capital Advisors
Headquartered in Nashville, Tennessee, Brentwood Capital Advisors is one of the nation’s leading independent investment banks, specializing in providing financial advice on mergers, acquisitions, corporate divestitures, and capital raising to growth-oriented, middle-market healthcare services, healthcare technology, and business services companies since 1999. For more information, visit www.brentwoodcapital.com.