KRG Capital Partners Completes Investment in Home Solutions


Posted on October 11th, by krg in News, Press Releases. Comments Off on KRG Capital Partners Completes Investment in Home Solutions

Investment represents thirteenth platform for KRG’s Fund IV

DENVER, CO (October 11, 2012) – KRG Capital Partners (KRG), a Denver-based private equity firm that specializes in partnering with management teams that are committed to building best in class industry leading companies, has completed a recapitalization of Home Solutions Holdings, LLC (Home Solutions) in combination with its senior management team. This investment represents the thirteenth (13th) platform company for KRG’s $1.96 billion Fund IV (Fund IV) and its fourth (4th) platform investment in the healthcare sector.

Home Solutions is a leading independent provider of home infusion therapy services located throughout the Northeastern and Mid-Atlantic regions. The Company was founded in 1996 by its current CEO, Todd Timbrook, and has developed into one of the most well-respected infusion providers by delivering unmatched customer service and superior clinical outcomes.

“Home Solutions has an outstanding track record of growth”, said Steve Neumann, Managing Director at KRG. “KRG is excited to continue to build upon that growth and partner with Todd Timbrook and the entire Home Solutions team to advance their reputation as a market leader. We believe the Company is well positioned to take advantage of considerable opportunities, both within its existing customer base, geographies, and industry verticals, as well as through the penetration of new markets. Across the country the demand is high for quality providers of home infusion services as cost-containment pressures continue to drive a shift from institutional care to the home environment.”

Home Solutions’ CEO Todd Timbrook said, “KRG shares our vision and we are enthusiastic about this new chapter in the evolution of our organization. We plan to accelerate our growth strategy by continuing to be the preferred partner of healthcare organizations and managed care customers as a cost effective provider of choice.”

About Home Solutions:

Home Solutions is a leading specialty infusion provider servicing patients in the home throughout the Northeastern and Mid-Atlantic regions of the U.S. The Company employs over 400 individuals who embody clinical excellence, compassion and professionalism. Home Solutions is Joint Commission accredited and provides a full range of infusion and specialty services in the home. Our commitment is to put the patient first in delivering a quality service while offering cost effective solutions to various industry stakeholders such as physicians, hospitals, managed care payors, and governmental agencies. More information about Home Solutions is available at www.infusioncare.com.
About KRG Capital Partners:

Founded in 1996, KRG is a Denver-based private equity firm with $4.3 billion of capital either deployed or available for future investment, which includes approximately $1 billion deployed since inception on behalf of equity co-investors. KRG specializes in acquiring majority interests in middle-market companies and growing them into significantly larger enterprises through the combination of internal growth and selective strategic add-on acquisitions.

KRG Capital seeks investment opportunities where we can partner with existing management teams that are committed to building a best-in-class industry leader. Since inception, KRG has invested in 43 platform companies and has completed 129 add-on acquisitions for those platforms. More information on KRG is available at www.krgcapital.com.

Contact Information:

Steve Neumann, Managing Director
Blair Tikker, Managing Director
KRG Capital Partners 303-390-5001





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