Agape Care Group Acquires Lanier Hospice in Georgia, Continuing Rapid Growth in the Southeast Region of the U.S.
Expands coverage to Atlanta area and northern Georgia
SPARTANBURG, SC, January 10, 2022 – Agape Care Group (Agape Care), a portfolio company of Ridgemont Equity Partners and a leading hospice and palliative care provider in the Southeast region announced today it has acquired Lanier Hospice based in Buford, Georgia. This acquisition expands Agape Care’s presence in Georgia to 98 counties, covering 65% of the state. Regionally, the company provides care in all 46 counties in South Carolina and has a total of 1,090 employees caring for 2,100 patients in both South Carolina and Georgia.
“We are thrilled to bring Lanier Hospice into the Agape Care family. The union of our two companies will help us to serve more patients and families in Georgia,” said Troy Yarborough, chief executive officer of Agape Care Group. “Our vision is to be the premier provider of care in the Southeast known for our superior patient-family experience, delivering the highest quality care, and building a culture of excellence. Adding Lanier Hospice to our team helps us achieve this goal.”
Lanier Hospice of Georgia will continue to operate under its current name and brand in the near term. Terms of the deal are not disclosed.
ABOUT AGAPE CARE GROUP
As a regional leader in hospice and palliative care, Agape Care Group proudly serves more than 2,100 patients across South Carolina and Georgia. The company’s ~1,090 employees are committed to serving with love those touched by an advanced illness, providing comfort and support through compassionate care and meaningful experiences. Agape Care Group offers hospice and palliative services across multiple settings and is renowned for its superior patient-family experience and expertly trained professionals.
ABOUT RIDGEMONT EQUITY PARTNERS
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $5.5 billion. The firm focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. www.ridgemontep.com