The Care Team, a hospice and home health provider operating across Michigan and Texas, completed the acquisition of Arcadia Hospice of SEPA, a hospice provider based in Allentown, Pennsylvania. Terms were not disclosed.
TCT is a portfolio company of Revelstoke Capital Partners, a Denver-based private equity firm. This transaction marks TCT’s second acquisition since partnering with Revelstoke and its first outside of Michigan. Select shareholders of Arcadia will continue in an advisory role with TCT. Read more.
