The DAK Group, a Rochelle Park-based investment bank specializing in middle-market mergers and acquisitions, on Wednesday said its client, Focus Forward Skilled Care, headquartered in Orlando, Florida, has been sold to Sonas Home Health Care, also of Florida.
DAK served as the exclusive investment banker and financial adviser to FFSC, initiating and managing the entire transaction process. The DAK Group conducted a deep search identifying a number of exceptional strategic acquirers, of which Sonas Home Health Care emerged as the superior partner to bring these two leading companies together.
FFSC is a multisite, pediatric home health care company that provides individualized, in-home care for medically complex children and infants throughout Central Florida, Tampa Bay and the I-4 Corridor, making it possible for them to stay where they belong — at home with the people who love them most. FFSC built a reputation for highest level of care for patients and families who are in great need and highly vulnerable.
Sonas Home Health Care will continue to work with FFSC founders Kat Sullivan and Thomas Messina as they look to grow the combined company and improve the already-high standard of care provided to its at-risk, pediatric patient population.
“The founders of Focus Forward Skilled have created a superior company, focused on providing both a high standard of care and strong patient experience while innovating revolutionary solutions for a high-acuity pediatric patient population. With this transaction, they will have the opportunity to extend their services to an even broader patient community by gaining a strategic partner to accelerate the company’s growth,” stated Melvyn Threatt-Peters II, vice president, who alongside Alan Scharfstein, president, and Alexander Slawinski, analyst, executed the transaction.