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Headquartered in Chicago, Illinois, CCHHS is a Medicare-certified home health agency founded in 2003. The company provides skilled intermittent care to predominantly homebound elderly patients residing primarily within the city of Chicago. Services include nursing, home health aid, physical and occupational therapy, behavioral health, diabetic management and wound care. "This transaction positions CCHHS for its next stage of growth and diversification, and we are very appreciative of the efforts of our advisors at Dresner and Fleetridge for bringing this opportunity to fruition," said Antoinette Hardy-Waller, Chief Executive Officer of CCHHS. "We are very excited to be working with the proven, high quality team at HHG to continue to build upon our success and expand our market and service offerings." Ms. Hardy-Waller will remain in her role as Chief Executive Officer of CCHHS following the transaction. HHG was formed by Craig W. Moore and Eric Maaske to invest in the highly fragmented home health services sector. Building on their track records with Everest Healthcare Services, Inc., a very successful build-up in the dialysis sector which was sold to Fresenius Medical Care (NYSE: FMS | Quote | Chart | News | PowerRating) in 2001, Moore and Maaske intend to leverage CCHHS as a platform to add other related home health businesses under the holding company umbrella. "We were very impressed with the high quality of service and technological innovation at CCHHS, in addition to the breadth of services provided," commented Eric Maaske, Chief Executive Officer of HHG. "The strong management and historical investment in infrastructure make CCHHS an ideal platform for executing HHG's build-up strategy in home health services." Gregg Pollack, Managing Director at Dresner Partners, stated, "We are pleased to have facilitated this highly strategic transaction on behalf of the shareholders of CCHHS in this challenging environment. Given the ongoing state of flux of capital markets and regulatory uncertainty in the healthcare sector, we commend the management teams at both CCHHS and HHG for their ability to focus on the mutual benefits of this transaction and see it through to completion." Steven Dresner, President of Dresner Partners, added, "The professionalism and creativity of both Toni Waller and Eric Maaske enabled us to structure and complete a transaction that achieves the objectives of both organizations and sets the stage for accelerated growth at CCHHS. We look forward to the continued success of these two companies in the home health industry." About Dresner Partners Dresner Partners is a FINRA-registered, middle-market investment bank based in Chicago, Illinois with a long-term focus on the healthcare services sector. Founded in 1991, Dresner Partners and its affiliates provide financial advisory services to business owners and managers throughout the United States, including institutional private placements of debt and equity, mergers & acquisitions, and valuation and strategic consulting services. Dresner Partners is also a member of IMAP, an exclusive global organization of leading merger and acquisition advisory firms. Its affiliate company, Dresner Corporate Services, is a strategic communications firm specializing in investor and public relations. More information is available via the Internet at www.dresnerpartners.com. About Care Collaborative Home Health Services, Inc. Headquartered in Chicago, Illinois, CCHHS is a Medicare-certified home health agency founded in 2003. The company provides skilled intermittent care to predominantly homebound elderly patients residing primarily within the city of Chicago. Services include nursing, home health aid, physical and occupational therapy, behavioral health, diabetic management and wound care. About Home Health Group, LLC Home Health Group, LLC (HHG) was formed by Craig W. Moore and Eric Maaske in 2009 to invest in the highly fragmented home health services sector. Based in Oakbrook, Illinois, HHG intends to leverage its partnership with CCHHS to build, through organic growth and acquisitions, a functionally and geographically diverse home health services business in the Midwestern United States. For Media Inquiries: David Gutierrez (312) 780-7204 dgutierrez@dresnerco.com Stephen Mullin (312) 780-7213 stevemullin@dresnerco.com For Transaction Related Inquiries: Gregg Pollack Managing Director Dresner Partners (312) 780-7207 gpollack@dresnerco.com SOURCE: Dresner Partners mailto:dgutierrez@dresnerco.com mailto:stevemullin@dresnerco.com mailto:gpollack@dresnerco.com For full details on Fresenius Medical Ag Co Kgaa (FMS) click here. Fresenius Medical Ag Co Kgaa (FMS) has Short Term PowerRatings of 5. Details on Fresenius Medical Ag Co Kgaa (FMS) Short Term PowerRatings is available at This Link.
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