Sentinel provides junior capital financing for Vital Care

Pharmacy Franchise Business Offers Home Infusion Services to Underserved Secondary Markets

NEW YORK, December 16, 2020 – Sentinel Capital Partners, a private equity firm that invests in promising lower midmarket companies, today announced a minority, structured equity investment in Vital Care, a pharmacy franchise business that provides home infusion services. The investment supported the recapitalization of Vital Care led by Linden Capital Partners, a Chicago-based private equity firm focused on the healthcare industry. Terms of the deal were not disclosed.

Founded in 1986 and headquartered in Meridian, Mississippi, Vital Care is the premier franchisor of home infusion services in the United States. Vital Care serves the medical needs of a wide range of patients, including those with chronic and acute conditions. Home infusion therapy involves the intravenous or subcutaneous administration of drugs or biologicals to patients at home. Vital Care supports more than 50 franchises across 20 states and focuses on underserved secondary markets.

"Vital Care is an attractive business with a passionate and committed management team," said Jim Coady, a partner at Sentinel. "Vital Care provides an essential service to an underserved market using a franchise model with which Sentinel has considerable expertise, and is well positioned for future growth."

"We are excited to welcome Sentinel to the Vital Care team," said Ed Eiland, CEO of Vital Care. "Sentinel's experience in franchising and healthcare will be a valuable addition to our partnership with Linden. Vital Care's goal is to improve the lives of our patients by providing access to the best care and service possible."

Sentinel's investment in Vital Care was made from Sentinel Junior Capital I, L.P., which specializes in non-control junior capital investing in the lower midmarket.