December 18, 2018

MSouth Announces Successful Exit of CRH Healthcare

Atlanta, GA (December 18, 2018) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of CRH Healthcare, a patient-focused operator of urgent care centers. Founded in 2012 and headquartered in Atlanta, GA, CRH operates 38 urgent care centers in Georgia, Florida, and Alabama. CRH is a leader in its markets having grown historically through both acquisitions and de novo development. CRH operates a “family of brands”, leveraging a different brand name in each state, while always being focused on the CRH Mission, “to deliver the Perfect Patient Experience every time.” To achieve this mission, everything CRH does is focused on the 5C’s — convenient, courteous, caring, competent and compliant. All of CRH’s clinics are equipped to help diagnose and treat a wide range of nonlife threatening illnesses and injuries as well as to provide occupational health services to local employers.

"Bill Miller, Andrea Malik Roe and their team at CRH have done a tremendous job building one of the largest urgent care platforms in the South," said Peter Pettit, an MSouth Partner.  "We were fortunate to partner with such an outstanding management team and are very pleased with the outcome and the return it generated for our investors."

MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued between $25 and $200 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, specialty distribution, niche manufacturing, healthcare services and telecommunications/media companies. With over $2.2 billion under management across four funds, MSouth is a successor to Cravey, Green & Wahlen, Inc., which was founded in 1984.