StateServ is a leading technology-enabled cost containment platform serving the post-acute care market. Through its proprietary software and national durable medical equipment (DME) network, StateServ delivers substantial value to all of its key constituents – hospices / post-acute providers, DME providers, and caregivers and patients. As the industry pioneer, StateServ has achieved rapid growth and scale and is poised for continued expansion across the care continuum.
TripleTree was engaged by StateServ as the Company’s exclusive financial advisor based on its deep industry expertise in the post-acute space and long standing history of successful transactions with innovative healthcare companies. StateServ sought a partner that would accelerate its ability to take advantage of a large market opportunity and multiple growth avenues. TripleTree successfully conveyed StateServ’s value proposition by highlighting the Company’s unique ability to provide value to all constituents, innovative technology platform, strong ROI, and position as the market leader in post-acute DME benefit management.
In a competitive process, StateServ realized a successful transaction with Blue Wolf Capital, who was attracted to StateServ’s leadership position in the hospice market, strong management team, and multiple avenues for future growth. Blue Wolf distinguished itself through its deep industry expertise, strong ties in the healthcare market, and shared vision for the future of the Company.
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