Ancor Sells Tritrax Healthcare Services, Inc.
16 Apr, 2012, 09:00 ET
FORT WORTH, Texas, April 16, 2012 /PRNewswire/ -- Ancor Capital Partners has sold Tritrax Healthcare Services, a home health-care services provider to Dallas/Fort Worth area geriatric patients, to Jordan Health Services, a statewide provider of adult home health services.
"The focus of our growth plan in the home care sector at Ancor is in pediatric care, and we were pleased to find a strategic buyer such as Jordan who valued the Tritrax employees and its reputation in the industry," said Timothy J. McKibben, managing director at Ancor. "We are excited about the opportunities that are in front of us in the pediatric sector and look forward to building our presence in this market."
Ancor Capital Partners, based in Fort Worth, Texas, is an operations-oriented private equity firm focused on lower middle-market manufacturing and distribution companies with EBITDA of $5-$15 million. Extensive operational experience gives the Ancor team a unique understanding of the critical business issues faced by lower middle-market companies. Ancor's proven track record includes 29 acquisitions to date in health care, consumer and other industries.
Based in Mount Vernon, Texas, and founded in 1975, Jordan Health Services has over 11,000 employees in a variety of locations serving literally thousands of individuals every day. Jordan is one of the largest home healthcare providers in Texas.
SOURCE Ancor Capital Partners
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