RestorixHealth

“Sverica has been a fantastic partner for RestorixHealth. Their strategic input has been invaluable to our success. The company wouldn’t be where it is today without their board level oversight and involvement.”

- Steve McLaughlin, CEO
www.restorixhealth.com

Investment Date: December 2010

Status:

Acquired by Leonard Green
September 2015

RestorixHealth is a leading provider of comprehensive wound care treatment centers, which it manages nationwide in partnership with local acute care hospitals. RestorixHealth was founded by physicians in 1997 with a focus on establishing in-hospital centers to treat the growing incidence of severe grade diabetic wounds of the lower extremities and wounds that are unresponsive to general wound treatments.

Significant Business Growth

Significant Growth Graph
  1. Taken private by Sverica in 2010
  2. Quadrupled managed centers through organic growth and M&A
  3. Tripled and quadrupled revenue and EBITDA, respectively
  4. Acquired by Leonard Green in 2015

Sverica’s Role:

  • Recruited CEO, CFO, and CMO
  • Recruited three board operating executives: Co-founder Epstein Becker Green, former CEO of BJC Health and former CEO Carillion Clinic
  • Underwent robust strategic planning process, optimizing center unit economics and facilitating path to accelerated growth
  • Completed three add-on acquisitions, adding 45 centers in aggregate
  • Raised more than $100 MM in debt financing to support growth

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