Healthy Connections Home Care Services, Inc. has been acquired by Option Care Enterprises, Inc.

HOUSTON, TEXAS (December 14, 2016) Statesman Corporate Finance, LLC is pleased to announce that Healthy Connections Home Care Services, Inc., (“Healthy Connections”) a specialty home healthcare provider to high-risk obstetrical patients, has been acquired by Option Care Enterprises, Inc., (“Option Care”) a leading national provider of home and alternate treatment site infusion therapy. The transaction closed on October 31, 2016, and was only recently announced upon completion of final regulatory agency consents.

Founded in 1999, Healthy Connections provides an alternative to in-hospital maternity care for several conditions including gestational diabetes, pregnancy-induced hypertension, hyperemesis and management of preterm labor. Serving only the Houston and Dallas greater metropolitan areas, Healthy Connections has grown to become the second largest provider of in-home services for high risk pregnancies in the US. Commenting on the transaction, Healthy Connections Co-Founder and President Gaylynn Thomas said, “We are so excited to be joining Option Care. Their experience, capabilities and resources will greatly enhance our capability to achieve our long quested goal of expanding nationally.” Paul Mastrapa, CEO of Option Care, said, “The addition of Healthy Connections was a natural fit, with its in-home services complementing our infusion services and strategically expanding the range of treatments we offer.”

About the Transaction Participants

Option Care Enterprises, Inc., (Bannockburn, IL) was formed in 2015 when Madison Dearborn Partners, LLC acquired a majority interest in Walgreens Infusion Services and took this division private, renaming it Option Care. Walgreens maintains a significant minority interest.

With nearly 40 years of experience, Option Care is one of the nation’s largest providers of home and alternate treatment site infusion services and is considered an industry pioneer. Option Care’s broad geographic footprint includes 89 infusion pharmacies and 110 alternate treatment sites in 40 states, approximately 4,700 employees and the ability to serve more than 90 percent of the U.S. population. Its clinical personnel, including nurses, pharmacists, technicians and dieticians, treat patients who are managing a broad range of acute and chronic conditions.

Statesman Corporate Finance, LLC is the FINRA licensed broker dealer arm of Statesman Business Advisors and advised Healthy Connections in this transaction. Statesman with offices in Houston and Austin, Texas, is a leading middle-market investment bank providing merger and acquisition and general corporate financial advisory services to middle-market companies. The Statesman team advising on this engagement included Principal Walter Tomlinson, and Vice President Peter Chiu.

Boyar Miller provided legal counsel to the Seller led by shareholders Philip Dunlap and Gary Miller.

Rosen and Spears also provided legal counsel to the Seller led by Partner Marion S. Rosen.

Sidley Austin – Chicago provided legal counsel to the Buyer led by Partner Michael Heinz and Associate Emerich Gutter.