H.I.G. Capital, a prominent global alternative investment firm managing $67 billion in capital, has announced the sale of its portfolio company, Soleo Health, to funds managed by Court Square Capital and WindRose Health Investors. Soleo Health, based in Frisco, Texas, is a leading provider of specialized infusion therapy and pharmacy services for patients with complex medical conditions, operating 26 pharmacies and over 30 infusion suites nationwide.
During H.I.G.'s ownership, the firm played a crucial role in expanding Soleo's operations and enhancing its service offerings. This included opening new pharmacies and infusion suites, implementing a unique therapy-specific clinical model, and diversifying its payer and therapy options. Key executive hires were also made to strengthen the company's leadership.
Drew Walk, Soleo's CEO, praised H.I.G. for being an exceptional partner, highlighting their support in building Soleo into a market leader. Scott Zhu, Managing Director at H.I.G., commended the management team for transforming Soleo from a regional player into a national specialty care provider, emphasizing the company's growth potential.
Soleo Health is recognized for its comprehensive specialty pharmacy services and infusion therapy, which can be administered at home or alternate care sites. The company employs a skilled interdisciplinary team, including clinical pharmacists and registered nurses, to optimize patient care and deliver significant clinical and economic value. Soleo is accredited by several organizations, including URAC and the Joint Commission, and operates with national nursing coverage across all 50 states.
H.I.G. Capital, founded in 1993, specializes in providing both debt and equity capital to middle-market companies. The firm has invested in over 400 companies globally, with a current portfolio of more than 100 companies generating combined sales exceeding $53 billion. H.I.G. also manages a publicly traded business development company and focuses on real estate and infrastructure investments.
For more information about Soleo Health and H.I.G. Capital, visit their respective websites.
