| Atlanta, GA, July 14, 2004 | |||||||||||||||||||||
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| Caymus Partners LLC Advises CareSouth Home Health Services on Private Placement | |||||||||||||||||||||
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About CareSouth CareSouth is one of the largest providers of home healthcare services in the Southeast. Through its large, integrated healthcare delivery system, CareSouth provides cost-saving services to its patients and business services clients across the country. CareSouth manages or provides business services to approximately 26 agencies (representing 65 locations), 14 Medicare-certified home health agencies, and three affiliated Medicare-certified home health agencies. About Caymus Partners With offices in Atlanta and New York, Caymus Partners is a leading middle-market investment banking firm, providing merger and acquisition advisory services, private placements and other financial advisory services. Combined, the firm's senior bankers have more than 65 years of experience and have closed over 250 transactions. More information can be found at www.caymuspartners.com. |
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Caymus Partners LLC is pleased to announce that it has successfully completed the private placement of $7 million in senior debt for CareSouth Home Health Services (“CareSouth” or the “Company”). This new line of credit will allow the Company to retire more expensive legacy bank debt, while allowing the Company to bolster its acquisition strategy. Caymus Partners served as the Company’s exclusive advisor in the transaction.3490 Piedmont Rd NE, Suite 1040
Atlanta, GA 30305
(404) 995-8300
17th Floor
New York, NY 10022
(212) 755-3600
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