HCD gets equity funding
By HME News Staff
Updated 9:28 AM CDT, Thu April 15, 2021
GLEN ALLEN, Va. – Home Care Delivered has received a majority equity investment from BPOC, a Chicago-based private equity firm focused exclusively on the health care industry.
“There's a strong outlook for delivering quality health care in the home, and BPOC shares our vision of delivering HCD-quality service on a much larger scale with our customer-first, employee-centric culture," said Gordy Fox, CEO and founder.
The transaction is effective immediately and financial terms were not disclosed.
HCD, which launched in 1996, is a provider of disposable medical supplies including wound care, diabetes and incontinence supplies.
“In our search for the right medical supply provider, it became clear that HCD’s unique blend of people, culture, and technology would be an ideal foundation to address this growing market,” said Troy Phillips, partner at BPOC. “We look forward to partnering with the HCD team and supporting the company’s growth strategies and long-term vision.”
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