Founded in 2011, Five Points Healthcare currently owns and operates home health and hospice locations in Alabama, North Carolina, Tennessee and Virginia. Five Points Healthcare was founded with a vision to become the premier provider of home health and hospice services throughout the southeast by focusing on its five key stakeholders – patients, employees, physicians, providers and communities.
- The Right Experience: FivePoints was attracted to Fulcrum’s experience operating healthcare businesses, in particular hospice, and understanding government reimbursement which often swings like a pendulum. The CEO felt the partners had walked in his shoes.
- The Right Support: Five Points grew rapidly, and we were able to smooth the process of 8 acquisitions and 2 divestitures. In addition to investing capital, we were able to bridge the relationship between Five Points and lenders and advise on the legal processes and completing deals. All the deals that went through were evaluated to make sure they were the right fit to ensure we were buying growth.
- The Right Relationship: Since we have been in this business before, we spent our time with Five Points on building a strong business and less on selling immediately. Our belief in the team enabled us to give recommendations without pushing them in one direction or another – we knew they would make the right decision for the company. We invested in their team, not just their platform.