Dallas private equity firm s portfolio company expands its Texas hospice care business dallasnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dallasnews.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Pharos Capital Group, LLC, a private equity firm based in Dallas and Nashville, Tennessee, announced today that its post-acute care provider.
Pharos-Backed Charter Health Acquires Providence Home Health
Pharos Capital Group LLC, a private equity firm based in Dallas and Nashville, has, through its post-acute care provider platform,
Charter Health Care Group, acquired
The Providence Hospice Inc. and
The Providence Home Health Services Inc., a Houston, TX in-home health care provider.
“Even before the onset of COVID-19, the demand for home health and end-of-life services had seen a dramatic upswing, and such services are now increasingly seen as a mainstream component of high-quality patient care,” said
Bob Crants, founding partner and chief investment officer of Pharos. “We are proud to support Charter’s expansion into Houston as well as its mission of ensuring a comfortable patient experience while lowering the cost of care.”
Cartesian SPAC Offers Separate Shares and Warrants
Cartesian Growth Corp. has offered holders of the units sold in the company’s initial public offering the option to separately trade shares of the company’s Class A ordinary shares and warrants included in the units.
Any units not separated will continue to trade on the
Nasdaq Capital Market and trade under the ticker symbol “
GLBLU.,” and the Class A ordinary shares and warrants that are separated will trade on Nasdaq under the symbols “
GLBL” and “
GLBLW,” respectively. Each holder of units will need to have its broker contact
Continental Stock Transfer & Trust Company, the company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants.