Avondale Partners is pleased to announce it recently served as financial advisor to American Health Partners (the “Company”) for its sale to the Mitchell Family Office (“MFO”).
Headquartered in Franklin, TN, American Health Partners provides a continuum of health care services for adults and seniors, including long-term support for daily living, home health and hospice, and short-term care focused on recovery and rehabilitation. Operations in Tennessee, Alabama and Mississippi include:
• 29 senior living, skilled nursing and rehabilitation centers;
• five psychiatric hospitals;
• home health and hospice offices serving 34 counties; and
• a long term care pharmacy that serves more than 60 locations.
Its American Health Plan division operates Medicare Advantage provider-owned Institutional Special Needs Plans (I-SNPs) in nursing homes in Georgia, Kansas, Mississippi, Missouri, Oklahoma, Utah, Texas and Tennessee. The company’s TruHealth division provides plan members with an innovative model of concierge, bedside care to improve overall health and wellness.
MFO, based in Birmingham, Michigan, has holdings in a variety of businesses and was founded by managing partner Mark Mitchell, an experienced entrepreneur with a proven track record of building and growing successful health care companies.
About Avondale Partners
Avondale Partners is a leading healthcare-focused boutique investment banking firm headquartered in Nashville. We deliver bespoke solutions and superior outcomes to our clients by leveraging our domain expertise, broad transaction expertise and extensive network of relationships. Avondale was founded in 2001 on the belief that high quality, value-added advice from trusted professionals is always in style.
For questions about the transaction or Avondale Partners’ healthcare investment banking services, please contact Phil Krebs (615-467-3482; pkrebs@avondalepartnersllc.com), or Jonathan Morphett (615-467-3533; jmorphett@avondalepartnersllc.com).
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