Ropes & Gray Advises The Vistria Group in its Majority Investment in Professional Health Care Network
Ropes & Gray advised The Vistria Group in its majority investment in Professional Health Care Network, a home health management company. Terms of the transaction were not disclosed. The announcement was made on March 30 in a press release.
Phoenix-based Professional Health Care Network is a leading provider of home health management solutions and care coordination throughout the western United States. The Vistria Group is a Chicago-based next generation private investment firm that operates at the intersection of purpose and profit. The transaction with PHCN represents the fifth investment from Vistria Fund IV, a $2.68 billion fund.
The team that advised The Vistria Group was led by private equity partner Martin Ruhaak, and included private equity counsel Janet Coscino and leveraged finance counsel Nichole Lopez-Tackett (all of Chicago), tax partner Aaron Harsh (Boston), private equity partner Neill Jakobe (Chicago), benefits partner Jennifer Cormier (Boston), leveraged finance partner Alexander Zeltser (New York), health care partners Timothy McCrystal (Boston) and Jennifer Romig (Chicago), IP transactions partner Regina Sam Penti (Boston), tax counsel Sara Clevering (Boston), litigation & enforcement partner Samer Musallam (Washington, D.C.), litigation & enforcement counsel Steven Kaye and Deidre Johnson (both of Boston).