Jordan Healthcare Acquires Chartwell Home Care to Expand Statewide Footprint and Support Future Growth in Texas

Trinity Hunt Partners has invested approximately $16 million in Jordan Healthcare, a leading home health company in Texas and Arkansas, in support of Jordan’s purchase of Chartwell Home Care, a provider of in-home Medicaid services in Texas. The acquisition of Dallas-based Chartwell Home Care firmly establishes Jordan Healthcare, headquartered in Mount Vernon, Texas, as one of the largest regional providers of Medicaid and Medicare home care services for more than 15,000 clients/patients in Texas.
The combined company will be led by Mike Jordan as Chairman and Roy Serpa as Chief Executive Officer.

“This transaction positions Jordan Healthcare to meet the increasing demands for home healthcare by expanding its services throughout the entire state of Texas,” said Pete Stein, Trinity Hunt investment partner. “Mike Jordan, Roy Serpa, and their team at Jordan Healthcare have earned an industry-leading reputation for quality patient care. Trinity Hunt is pleased to be involved in a deal that helps shapes the Texas home health landscape.”

“We have had the privilege of caring for thousands of families, generation after generation, over the past 32 years,” said Mike Jordan. “Now, with the purchase of Chartwell Home Care, we can continue this tradition of superior patient care statewide.”

“The mission of Jordan Healthcare is to be the leading provider of quality, ethical and cost-effective healthcare, delivered by the most qualified and best-trained staff,” Roy Serpa said. “This acquisition and our partnership with Trinity Hunt Partners create a platform for continued growth and improved care for our patients.”

About Jordan Healthcare
Based in Mount Vernon, Texas, and founded in 1975, Jordan Healthcare provides home health services, including personal care, home management and skilled nursing, to both Medicare and Medicaid eligible patients throughout 55 counties in East Texas and Arkansas. With approximately 6,300 employees, Jordan Healthcare is one of the largest home healthcare providers in the state. For more information, visit www.jhsi.com.

About Chartwell Home Care
Founded in 1975, Chartwell Home Care provides home health services to Medicaid eligible patients throughout Texas. Chartwell’s 5,900 employees currently serve the company’s patients through its 10 licensed, Texas offices in Abilene, Arlington, Corpus Christi, Del Rio, Edinburg, Jasper, Laredo, Pasadena, Round Rock and San Antonio.

About Trinity Hunt Partners
Trinity Hunt Partners is a Dallas-based, Southwest regionally focused private equity firm specializing in leveraged acquisitions, recapitalizations and late-stage growth financings of established middle-market companies with enterprise values between $15 million and $150 million in the business services, healthcare services, industrial, consumer, and media & entertainment industries. For more information on Trinity Hunt Partners, visit www.trinityhunt.com.