MBF Healthcare Partners Signs Definitive Agreement To Acquire A Majority Interest In Affinity Hospice

MBF Healthcare Partners (MBF) recently signed a definitive agreement to acquire a majority interest in Affinity Hospice (Affinity). Affinity—a Birmingham, Alabama based hospice provider organization—is the leading provider of high-quality end of life care services in Alabama and Georgia.

As part of the transaction, Affinity’s CEO—Ray Shrout—will maintain a significant substantial equity position in the organization. According to statements from Mr. Shrout, Affinity looks forward to collaborating with MBF to continue a standard of excellence in end of life care in the markets it serves. It is anticipated that the purchase will close this . . .