Thoma Cressey Bravo Leads Recapitalization of Encompass Home Health, Inc.

Chicago, IL - Encompass Home Health, Inc. ("Encompass"), one of the leading providers of Medicare focused home health services, has successfully completed a recapitalization led by Thoma Cressey Bravo, a leading private equity investment firm with more than 27 years of experience. Thoma Cressey Bravo, in partnership with Encompass management and Northwestern Mutual Capital, acquired all of the interests in Encompass owned by the company's previous financial partner, Apax Partners, LP.

According to April Anthony, CEO of Encompass, "We are excited about our partnership with Thoma Cressey Bravo. We believe that Thoma Cressey Bravo shares our belief in exceptional patient care, and that Encompass' position as a leading provider in the home health sector will be further enhanced as we partner together to expand the business."

"We welcome the opportunity to partner with the market leader in the fragmented and growing home health sector, and look forward to helping the company enhance its leadership position," said Peter Ehrich, partner of Thoma Cressey Bravo. "With home health care expenditures currently exceeding $53B and projected to double in the next ten years, we believe Encompass is well positioned to capitalize on the sector's strong growth prospects."

SOURCE: Encompass Home Health, Inc.