has been acquired by
Pro Care provides non-emergency, emergency, and critical care ambulance services.
About
Pro Care provides non-emergency, emergency, and critical care ambulance services to and from hospitals, hospice centers, private residences, and assisted-living facilities within the Atlanta Metropolitan Statistical Area. The Company has both exclusive and non-exclusive contracts with hospitals, hospice centers, and assisted-living facilities to provide assisted medical transportation to patients to and from healthcare facilities.
Situation
Source Capital and Larsen MacColl Partners selected Croft & Bender to advise the Company through an exclusive sale process, which included valuing the Company, identifying potential acquirers, drafting the offering memorandum and related materials, marketing the Company, selecting a partner, and negotiating the transaction.
Result
Croft & Bender successfully negotiated the sale of the Company to Acuity Capital Partners, a Chicago-based private equity firm.