Home Health Care News October 4, 2021
Private equity firm Pharos Capital Group has acquired THEMA Health Services, a home health and palliative care provider that operates across Arizona. The financial terms of the transaction were not disclosed.
Prescott, Arizona-based THEMA provides care services including home health, palliative care, and hospice in patients’ homes, skilled nursing facilities, and assisted living facilities. The company serves over 2,000 patients annually.
With headquarters in both Dallas and Nashville, Tennessee, Pharos is a health care-focused investment firm. Pharos has invested in 55 companies since launching and has more than $1.3 billion of private equity assets under management.
Typically, Pharos makes investments in the $25 million to $50 million range.
For Pharos, the institutional cost-savings opportunity made THEMA an attractive acquisition target.
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