Ropes & Gray Advises H.I.G. Capital in its Acquisition of St. Croix Hospice
Ropes & Gray advised H.I.G. Capital in its acquisition of St. Croix Hospice. The transaction will be completed through the H.I.G. Advantage fund. Terms of the transaction, which was announced on Oct. 19, were not disclosed. The press release is here.
Founded in 2008 and based in Oakdale, Minn., St. Croix is a leading provider of hospice care across the Midwestern United States, serving an area that covers six contiguous states. H.I.G. is a leading global private equity and alternative assets investment firm with over $40 billion of equity capital under management.
The Ropes & Gray team that represented H.I.G Capital was led by private equity partner Carl Marcellino (New York), and included finance partner Stefanie Birkmann (New York), health care partner Deborah Gersh (Chicago), tax partner Benjamin Rogers (San Francisco), employment, executive compensation & benefits partners Alexandra Alperovich and Danna Kivell (both of New York), data, privacy & cybersecurity partner Edward McNicholas (Washington D.C.), private equity associate Zain Rehman (New York), health care associate Christina Bergeron (Boston) and employment, executive compensation & benefits counsel Stephanie Bruce (Boston).