St. Croix Hospice, LLC

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St. Croix Hospice, LLC - overview

Established

2008

Location

Oakdale, MN, US

Primary Industry

Healthcare

About

St. Croix Hospice, LLC, based in the US, provides essential in-home hospice care, palliative care, and family support services dedicated to enhancing comfort and quality of life for patients facing end-of-life challenges. Founded in 2008 and headquartered in Oakdale, US, St. Croix Hospice, LLC focuses on delivering in-home hospice care.


The company was subject to a Secondary Buyout in October 2020, when H. I. G. Capital acquired it from The Vistria Group for USD 325.


00 mn, the total amount raised since inception. Heath Bartness serves as CEO. St. Croix Hospice specializes in comprehensive in-home hospice, palliative, and family support services aimed at maximizing comfort for patients during end-of-life challenges.


Its core offerings include BridgeCare™, the Lighthouse End-of-Life Planning Program®, the North Star Dementia Program™, and the Heart Failure Program. The company serves multiple states in the Midwest, including Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, South Dakota, and Wisconsin, catering to the specific needs of patients and their families throughout their hospice journey. St. Croix Hospice generates revenue primarily through direct-to-consumer transactions, billing for its various in-home hospice and palliative care programs.


In 2020, the firm reported an EBITDA of USD 30. 00 mn. The company collaborates with private payers and insurance providers to facilitate service coverage, ensuring families receive the necessary support during critical times. St.


Croix Hospice plans to leverage its recent funding from the Secondary Buyout to expand its service offerings and reach new markets. The company is designing new programs aimed at enhancing patient care and support services. Additionally, it plans to target expansion into new geographic regions to further increase its client base, with specific plans for new market entries being assessed in the upcoming years.


Current Investors

H.I.G. Capital

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.stcroixhospice.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

St. Croix Hospice, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCorpore Sano Home Health Care Inc-
Add-onCompletedSilverado Hospice-Des Plaines III-
Secondary BuyoutCompletedSt. Croix Hospice, LLC-
Add-onCompletedHometown Hospice & Homecare, Inc.-
Secondary BuyoutCompletedSt. Croix Hospice, LLC-

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St. Croix Hospice, LLC - employee data

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