Cimarron Healthcare Capital & Tacoma Holdings Recapitalize Frontpoint Health Specialty Home Heath & Hospice Platform
Private equity firms Cimarron Healthcare Capital (Cimarron) and Tacoma Holdings (Tacoma) recapitalized Frontpoint Health, a specialty home health and hospice platform. Frontpoint serves Medicare Advantage members in Texas. Financial terms of the private transaction were not disclosed.
The investment will be used to support organic growth, drive synergy opportunities between the Company’s home health and hospice businesses, and to complete strategic acquisitions, all in response to significant demand from the Medicare Advantage market.
Additionally, Cimarron and Tacoma appointed Brent Korte as Frontpoint’s new chief executive officer. A board of industry experts has also been assembled to support Mr . . .