
HCAP companions efficiently leaves Arosa Funding
HCAP Companions introduced on Tuesday that it efficiently left his funding in Arosa.
The personal fairness firm helped prolong the house care firm from a regional supplier in 4 states to 38 areas on 13 states, together with a brand new location in Kansas Metropolis to serve residents of Kansas and Missouri.
“HCAP supported Arosa at his essential second in 2018, to help the formation of coast-to-coast care administration and residential care,” Ari Medoff, CEO of Arosa, instructed Dwelling Well being Care Information.
Hope Mago, accomplice at HCAP Companions, mentioned HHCN that the imaginative and prescient of Medoff to supply a differentiated stage of care to the senior inhabitants and creating a top quality -working surroundings for care suppliers in accordance with the HCAP mission.
“We aren’t solely targeted on the outcomes of the affected person and providing entry to care, however we additionally deal with making a excessive -quality activity surroundings by way of a framework known as the worthwhile job method,” he mentioned.
HCAP's “Baicful Jobs Method” focuses on rising compensation, advantages and help within the office, which studies, helps with elevated worker retention and scores for patrons and worker satisfaction.
HCAP Companions, primarily based in San Diego, gives mezzanine money owed and personal fairness to firms with a decrease center market in the USA. Since its basis, the corporate has invested in additional than 65 firms.
“From the start, HCAP and Arosa shared a deep dedication to bettering work high quality in an trade that urgently wants – and stays this focus,” mentioned Medoff. “As Arosa continues to develop and HCAP retains its mission to extend and use influence capital, this marks a pure bending level and the conclusion of this section of our partnership.”
Arosa will proceed to construct revolutionary care fashions for older adults and elevate the work high quality for the professionals who present this care, in response to Medoff.
“The connection has been wonderful,” mentioned Mago. “Our funding thesis adopted a pure cycle of about 5 – 6 years, after which we have been planning to go away, and all the pieces went as anticipated. If we nonetheless have an opportunity to collaborate with ARI and the crew, we will definitely take into account it. Seniors deserve worthy care, and we’re all the time in search of alternatives within the senior care sector.”