VERTESS Select Opportunities April 2018

The following is a partial list of current healthcare and human services opportunities offered through Vertess as of April 2018.

If you’re interested in learning more about any of the opportunities, please contact the Managing Director listed or email [email protected].

Intellectual/Developmental Disabilities (I/DD)

$22 Million Western US Provider Innovative Behavioral Supports (E127T) – Long-term provider of innovative residential and day community supports to individuals with challenging behavior. Tremendous opportunities for growth in metropolitan and rural areas with very stable senior management in place. Recent growth in process with annual adjusted EBITDA of over $2.5 million. Please contact Tom Schramski at [email protected] to learn more.

$6 Million Successful Oklahoma Provider (F112M) – This well-established provider offers diverse services to adults with I/DD in a wide variety of settings that are customized for the needs and preferences of the individuals served, as well as their families. The organization is well-managed with senior staff available to transition to a new owner. Adjusted EBITDA of over $600,000. Please contact Tom Schramski at [email protected] to learn more.

$3 Million Ohio Residential Supports Provider (C118U) – Supporting individuals with I/DD and their families in fully integrated living arrangements throughout the community. The company has an excellent reputation and referral relationships, and is poised for growth with a talented management team. Extremely well-operated organization with annual adjusted EBITDA of over $800,000. Please contact Tom Schramski at [email protected] to learn more.

Behavioral Health/Addiction Treatment

$18 Million SUD Detox/Residential Facility and Full-Continuum Treatment Programs (E133Q) – This accredited, evidenced-based Substance Use Disorder (SUD) treatment center has been providing recognized treatment services for nearly two decades. The facilities are state-of-the-art with a strong clinical staff in place and there is significant opportunity for growth in this major metropolitan area. Please contact Tom Schramski at [email protected] to learn more.

$3 Million West Coast School-Based Addiction Treatment Program (D138M) UNDER LOI – Unique school-based treatment program for adolescents including innovative IP software for the curriculum and internal operations. With adjusted EBITDA of over $1 million and increasing demand for services, this company can grow rapidly including expansion across the US. Please contact Tom Schramski at [email protected] to learn more.

Durable Medical Equipment (DME)

$55 Million Midwest Pharmacy & DME (E129Y) UNDER LOI – This unique opportunity for a household brand controls a region in the Midwest. They are very diversified and are poised for significant growth in many of their divisions including specialty pharma, compliance packaging, vet pharma, resupply, CRT, respiratory, home modification, just to name a few. They are seeking a capital partner assist their leadership in growing to the next level. Annual adjusted EBIDTA of over $3 million. Please contact Bradley Smith at [email protected] to learn more.

$26 Million Midwest DME Provider (F111C) – With four locations, this provider is the dominate player in their state. They provide a diverse range of products and clinical services for adult and pediatric patients, including Complex Rehab Therapy (CRT), respiratory, resupply, and general HME. The company has a solid management team and is executing on their organic growth plans. There are also several opportunities to expand into adjacent markets. The owner is seeking full exit, but would like to stay on. Adjusted EBITDA of roughly $5 million. Please contact Bradley Smith at [email protected] to learn more.

$10 Million Texas Respiratory Provider (F114G) – Providing highly skilled pediatric clinical respiratory services utilizing a range of DME and disposable products. The company has a solid management team and consistent growth. Ownership is seeking a recapitalization. Adjusted EBITDA of over $2 million. Please contact Bradley Smith at [email protected] to learn more.

$7 Million Pediatric Respiratory Provider (D129S) – Providing highly skilled pediatric clinical respiratory services utilizing a range of DME and disposable products. The company has a solid management team and several opportunities to expand into adjacent markets. Annual EBITDA is consistent at 25%. Adjusted EBITDA of $1.7 million. Please contact Bradley Smith at [email protected] to learn more.

$4 Million DME Provider in Hawaii (D134D) – Providing a diverse range of products and clinical services for DME patients, including respiratory, mobility, tourist rentals, and general HME. The company has a unique diversification of payers with cash representing half of their revenue, followed by private insurance; Medicare and Medicaid combined make up less than a quarter of the revenue. Adjusted EBITDA of $650,000. Please contact Bradley Smith at [email protected] to learn more.

$3 Million B to B Florida Biomedical Repair (F113R) – Supporting managed care and DME providers throughout the state with equipment repair and servicing of oxygen concentrators and ventilation units. The company has an excellent reputation, strong international retail sales, and is poised for growth with a talented management team looking to retain some equity. Annual adjusted EBITDA of $1million. Please contact Bradley Smith at [email protected] to learn more.

$3 Million DME/Clinical Services Provider in Florida (C115R) – Providing diverse clinical services for respiratory DME patients utilizing a wide swath of products, including O2, PAP therapy and NIV. The company has effectively managed to turn around the company and is seeking a larger provider to partner with. Adjusted EBITDA in excess of $400,000. Please contact Bradley Smith at [email protected] to learn more.

$2.7 Million Northeast S&B Ortho Provider (E126H) UNDER LOI – Providing soft orthotics products in a unique stock and bill delivery model with centralized shipping and billing, this DME has substantial room to grow in a cost- effective manner. The company has a unique diversification of private payers with roughly 25% Medicare and Medicaid, as well as a tremendous management team. Adjusted EBITDA of $1.1 million. Please contact Bradley Smith at [email protected] to learn more.

Home Health/In-Home Care

$18 Million Rocky Mountain Home Care Provider (E123R) UNDER LOI – Mature provider of diverse in-home supports to elderly and disabled individuals over a wide geographic area. High retention and very experienced team in place that can transition with new ownership. Significant options for growth and adjusted EBITDA of over $3 million. Please contact Tom Schramski at [email protected] to learn more.

$1.2 Million South Florida Home Health Care Company (E117W) – Providing customized home health solutions with a high patient satisfaction track record. This company has a diverse customer mix, and is in good standing with all payers. This is an excellent opportunity for a platform company looking to expand and add top line business immediately. Annual adjusted EBITDA of over $100,000 and poised to grow. Please contact Joshua Boynton at [email protected] to learn more.

Healthcare IT (HIT)

$23 Million Florida IT/Lab Services Provider (D120Z) Available Q3 – A highly profitable and rapidly growing company with a sustainable high EBITDA percentage. Providing lab services in all 50 states via its robust IT platform that has disrupted the industry, built as a value add for its healthcare partners as well as device manufacturing and distribution. Their success is driven by a rock star management team. The owners/management team are seeking a recap. Adjusted EBITDA of $10 million. Please contact Bradley Smith at [email protected] to learn more.

---

Contributing Advisors