MidOcean Partners has successfully led a term loan investment in The Carpenter Health Network to support its growth and employee ownership through an Employee Stock Ownership Plan (ESOP).

Information on the Target

MidOcean Partners has recently finalized a credit investment in The Carpenter Health Network, a leading provider of home health, hospice, and restorative services based in Baton Rouge, Louisiana. Founded in 2002, Carpenter Health Network has established itself as a significant player in the healthcare sector, offering compassionate care through various brands, including St. Joseph Hospice and STAT Home Health, to patients across Louisiana and neighboring states. The company has over two decades of experience in delivering high-quality healthcare services, emphasizing a mission-driven approach.

The Carpenter Health Network operates across multiple states, including Texas, Arkansas, Mississippi, Alabama, and Florida. Their primary goal is to provide optimal patient care that promotes spiritual, emotional, and physical healing, respecting life and preserving dignity and quality of life at all times. With their comprehensive suite of services, Carpenter is positioned to meet the growing demand in the healthcare market.

Industry Overview

The healthcare industry in the United States continues to experience significant growth, driven by an aging population and increasing demand for home health and hospice services. This trend is particularly pronounced in the Southern United