National provider of nutrition solutions at home for seniors and patients
PurFoods LLC, the nation’s largest provider of home delivered meals to Medicaid clients, explored strategic alternatives to support Company’s continued growth. Cressey & Company approached Guidon Partners about co-investment opportunity based on Guidon’s experience building companies in Medicaid and Medicare programs market. Partners Jim Carlson, Paul Diaz, Greg Scott and Tim McDonald led assessment and recommendation to co-invest, which was endorsed by the Guidon Partners Investment Committee. Guidon made a minority co-investment alongside Cressey & Company as part of a transaction that closed in May, 2016. Jim Carlson was appointed as PurFoods Board member.