ATLANTA, GA (January 30, 2015) – Cary Street Partners LLC announced that Home Healthcare Solutions, Inc. (“HHS” or the “Company”) has been acquired by Cardinal Health, Inc., a Fortune 500 health care services company based in Dublin, Ohio. HHS, founded in 2001 and based in Atlanta, serves the medical supply management needs of home health and hospice organizations using an advanced patient-direct distribution program. The Company’s sole focus is to deliver disposable or single-use medical supplies (including medical tape, gloves, needles, syringes, wound care dressings, ostomy pouches, incontinence, and urological supplies) to home health and hospice customers. Terms of the transaction were not disclosed.
About Cardinal Health, Inc.
Cardinal Health, Inc. is a Fortune 500 health care services company based in Dublin, Ohio. The firm specializes in distribution of pharmaceuticals and medical products, serving more than 60,000 locations. The firm also manufactures medical and surgical products, including gloves, surgical apparel and fluid management products. In addition, it operates the nation’s largest network of radiopharmacies.
About Cary Street Partners
Cary Street Partners provides objective investment banking and wealth management solutions to successful individuals, institutions and companies from its Southeastern base. The investment banking team provides a broad range of services including merger and acquisition advisory services, private placements of debt and equity capital, and strategic and financial advice to management teams and boards of directors of emerging growth and middle market public and private companies across a variety of industries. Cary Street Partners is the trade name used by two separate limited liability companies, Cary Street Partners Investment Advisory LLC, a registered investment advisor; and Cary Street Partners LLC, a registered broker-dealer and a member of FINRA and SIPC.
For more information about this transaction or Cary Street Partners’ investment banking group, please contact Bill Benston at (404) 965-1600. Additional information about Cary Street Partners can be found at www.carystreetpartners.com.