Infinity Homecare Completes Acquisition of Care America

Infinity Homecare Completes Acquisition of Care America

  Tampa, FL – October 10, 2011 – Infinity Homecare, LLC (“Infinity”) announced today that it has completed the acquisition of Hi Tech Care, Inc, d/b/a Care America HHC (“Care America” or the “Company”). Infinity is represented by the Tampa-based investment team of HealthEdge Investment Partners, LLC.

Headquartered in Sarasota, Florida and founded in 2006, Infinity Homecare provides home health services in the state of Florida through licensed and Medicare-certified agencies. Infinity offers a broad range of services for physicians, patients, and clinical programs. The company currently offers these services from 17 locations in seven districts in the state of Florida.

HealthEdge Managing Partner Phil Dingle said, “We are excited to expand our footprint within the Florida market and will continue to pursue add-on acquisitions. This acquisition grants us the ability to extend our service offering to the Orlando market and the rest of District 7. The similar goals and values of the Company made this an easy decision for our team, and we are excited to expand our platform within the state of Florida.”

About HealthEdge HealthEdge Investment Partners, LLC is an operating-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit from the knowledge, experience and network of relationships of its partners. HealthEdge’s partners have more than 100 years of combined operating experience in healthcare as CEOs and investors. For more information on HealthEdge, visit www.healthedgepartners.com.

About Infinity Homecare Infinity Homecare provides home health services in the state of Florida through licensed and Medicare-certified agencies. Infinity offers a broad range of services for physicians, patients, and clinical programs. The company currently offers these services from 17 locations in seven districts in the state of Florida. With over 500 employees, the quality of the staff is maintained due to a highly involved and experienced management team and incentive programs found at every employment level. The Company was founded in 2006 and is headquartered in Sarasota, Florida. www.infinityhc.com

For more information, please contact Phil Dingle at HealthEdge at (813) 490-7101.

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