Paradigm Partners with Cressey for Next Growth Phase
Deal News | May 12, 2025 | Cressey & Co LP
Cressey & Company, a private equity firm with a focus on healthcare services and IT, has announced a new partnership with Paradigm Health, a leader in hospice and palliative care. Headquartered in Indianapolis, Paradigm Health will receive support from both existing investor Havencrest Capital Management and Cressey to aid its growth strategy. Cressey's experience with post-acute services makes it a strong partner for Paradigm, as both entities share a commitment to clinical quality and innovation. Advisors involved in the transaction included Edgemont Partners for Paradigm and Brentwood Capital Advisors for Cressey.
Sectors
- Healthcare Services
- Private Equity
Geography
- United States – The entities involved, including Cressey & Company and Paradigm Health, are based in the United States, with operations primarily focusing on Indiana.
- Indiana – Paradigm Health is headquartered in Indianapolis, Indiana, and provides its services across the state, making it a critical geography for their operations.
Industry
- Healthcare Services – This sector is relevant as the article discusses the expansion and partnership of Paradigm Health in providing hospice and palliative care, which falls under healthcare services.
- Private Equity – The involvement of Cressey & Company, a private equity firm, in the partnership with Paradigm Health highlights the relevance of the private equity sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cressey & Company LP | Bidding Company/Investor | Company | A private equity firm known for building leading healthcare services and information technology businesses. |
| Paradigm Health | Target Company | Company | A leading provider of hospice and palliative care services in Indiana. |
| Havencrest Capital Management | Existing Investor | Company | An investment firm that has previously invested in Paradigm Health. |
| Edgemont Partners | Financial Advisor for Paradigm | Company | Served as the exclusive financial advisor to Paradigm Health for the transaction. |
| Brentwood Capital Advisors | Financial Advisor for Cressey | Company | Provided financial advisory services to Cressey & Company. |