Providence Service Corporation Acquires Matrix Medical Network for $400 Million

In The News
September 19, 2014

Ropes & Gray advised Welsh, Carson, Anderson & Stowe and CCHN Group Holdings (Matrix Medical Network) in the sale of Matrix to Providence Service Corporation in a deal announced Sept. 18. Providence will acquire Matrix, a leading provider of in-home health assessments and care management services, for an aggregate purchase price of $400 million.

The Ropes &  Gray team included finance partner Stefanie Birkmann (New York), securities & public companies partner Carl Marcellino (New York), health care partner Timothy McCrystal (Boston), tax partner Leo Arnaboldi (New York), private equity counsel Christopher Parsons (New York), benefits counsel Allie Alperovich (New York), and intellectual property transactions counsel Thomas Burke (New York).