Cornerstone Healthcare Group

Client Description

Based in Dallas, TX, Cornerstone Health Group (CHG) is a network of behavioral health, senior living, and specialty hospitals. The Company offers a variety of healthcare services such as physician coverage, mental health, and physical rehabilitation services.

The Winning Solution

Principals of Genoa Partners worked directly onsite with CHG prior to and during the sale of their business due to the workload and need to cover everyday activity. This resulted in the sale of the CHG via a robust auction process where a number of high profile private equity and strategic companies bid against each other to win. The sellers chose J.W. Childs Associates because of their deep expertise and prior investments in healthcare services and products, biotechnology and pharmaceuticals.

Buyer Description

Founded in 1995 and based in Boston, MA, J.W. Childs Associates is a private equity firm that focuses on buyouts and venture capital investments in biotechnology, pharmaceuticals, and healthcare consumer products. The firm invests directly in companies; makes co-investments alongside external managers; and invests in the funds of investment managers are regarded as partners.