Team Select Home Care Announces Investment From Tenex Capital Management
Summary
Team Select operates four complementary service models: Medicare home health, pediatric long-term care, mobile outpatient therapy, and certified nursing assistant training. "We look forward to partnering with Team Select management to leverage the leading position they have established in the market and to re-invest into optimizing their operational platform," commented Tenex Managing Director Varun Bedi.Team Select CEO Mike Lovell said, "We are excited to work with the Tenex team to continue to enhance our robust data analytics, technology, and customer-centric approach to providing best in class healthcare solutions. Mike Lovell, Fred Johnson, and Nancy Gillette will continue in their current leadership roles.The transaction was effective as of Oct. 2, 2017.Tenex Capital Management is a private equity firm that invests in middle-market companies. Tenexs deep operating experience allows the firm to collaborate with management teams to capitalize on business and market opportunities. For additional information, please visit www.tenexcm.com.Dedicated to improving the lives of patients through increased health and mobility, Team Select Home Care maintains offices in Arizona, Colorado, Missouri, and Oklahoma that provide home health care and other services to their local communities.