Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis (www.tscp.com), today announced the sale of Option 1 Healthcare Solutions to Dallas, Texas-based Epic Health Services (Epic). Epic, backed by Webster Capital, is the largest pediatric homecare company in the United States. TSCP was advised through the sale by Livingstone, an international mid-market M&A and debt advisory firm. Terms of the deal were not disclosed.
Option 1 is the largest independent company in the U.S. predominantly focused on providing enteral nutrition therapy products and services in the home environment, with a complementary product offering of oral nutritional therapy and ancillary medical products and supplies. The Company provides its life-sustaining therapy on an ongoing basis to a high acuity, primarily pediatric patient base and maintains a well-earned reputation for providing best-in-class care.
According to Brian Kornmann, TSCP Director, “We’ve thoroughly enjoyed working with the outstanding Option 1 management team. The company has achieved strong growth and is very well-positioned for continued success.” Kornmann added, “We’re confident that Option 1 will achieve excellent results with its new partners while maintaining its long tradition of providing the best possible services to its patients.”
