Industry News • April 23, 2019
SAN DIEGO, April 23, 2019 /PRNewswire/ — HCAP Partners, a California-based private equity firm and recognized impact investor, announced today its investment in Mission Healthcare, a leading home health and hospice services provider headquartered in San Diego, CA. With 10 locations and wide-ranging coverage throughout Southern California, Mission Healthcare has cultivated a strong operating team and infrastructure to guide the company’s continuing growth. Terms of the investment were not disclosed. Nicolas Lopez, Principal, and Bhairvee Shavdia, Senior Associate, led HCAP Partners’ investment.
Founded in 2009 by a team of clinicians, Mission Healthcare is committed to providing exceptional home-based care for patients across Southern California. Mission Healthcare aims to have a positive impact on the lives of its patients, their families, and its healthcare partners throughout the continuum of care. Its broad network of nurses and therapists lead its efforts to provide the highest possible level of care. Mission Healthcare recognizes that its employees are its greatest resource, which is in alignment with HCAP Partners’ goal of creating and sustaining quality jobs within its portfolio companies. As a result of its commitment to providing both quality patient care and a strong workplace culture for its employees, Mission Healthcare was recognized by San Diego Union-Tribune as a San Diego Top Workplace in 2018.
“HCAP Partners has been a valued partner in supporting Mission Healthcare’s growth. We are looking forward to working with their team as we enter our next stage of development,” stated Paul Ver Hoeve II. “Their value as a strategic resource will be especially impactful as we continue to drive growth and focus on quality of care for our patients.”
Nicolas Lopez, Principal, commented, “Mission Healthcare is poised for growth and has significant upside for expansion in both its home health and hospice services. Under the leadership of new CEO Paul Ver Hoeve II, the company is well-positioned to scale operations and drive performance improvement. Additionally, with a focus on workplace culture, Mission’s values align well with HCAP Partners’ impact initiative of providing quality jobs under its Gainful Jobs Approach™.”
This article originally appeared in an article in PR Newswire.