Ropes & Gray Advises Cressey & Co. and EHHI Holdings in $750 Million Sale of Encompass Home Health and Hospice to HealthSouth Corp.
Ropes & Gray represented Cressey & Co. LP and its portfolio company, EHHI Holdings, Inc., in the sale EHHI to HealthSouth Corp. for approximately $750 million. EHHI Holdings is the owner of Dallas, Texas-based Encompass Home Health and Hospice, a leading provider of Medicare-focused, skilled home health services in the United States. The transaction was announced Nov. 24 and is expected to close before the end of 2014.
The Ropes & Gray team included private equity partner Neill Jakobe (Chicago), health care partner Deborah Gersh (Chicago), tax partner Aaron Harsh (Boston), private equity partner Howard Glazer (San Francisco), labor & employment partner Peter Ebb (Boston), and private equity associate Timothy Castelli (Chicago).