TLC Health Care Services, Inc.

Tlc Health Network

Acquired by Arcapita in 2005, TLC is one of the largest home healthcare and hospice services providers, and one of the largest Medicare home care service providers, in the United States. Founded in 1978 and headquartered in Lake Success, New York, TLC had 94 locations in 23 states and the District of Columbia at the of acquisition by Arcapita. TLC’s licensed personnel provide skilled nursing services including disease management, cardiac care, behavioral healthcare, hospice support, and healthcare counseling. During the three-year holding period, Arcapita led an intense reorganization of management, and a major realignment of the cost structure and compensation plans to drive growth and profitability. This organizational transformation and strong financial performance over the past 18 months led to the premium valuation. In March 2008, TLC was purchased from Arcapita and its co-investors by Amedisys, Inc.

Investment Type

Private Equity

Region

United States

Exit Date

2008