New Owner for Plum Healthcare

Plum Healthcare Group LLC, an owner/operator of 50 skilled nursing facilities and 5 home health and hospice agencies was acquired by Bay Bridge Capital Partners.  Plum facilities are located throughout California as well as Utah and Arizona.  The seller, private equity firm GI Partners, is credited with acquisition and turnaround of 39 skilled nursing facilities and expanding into two additional states.  The sale of Plum generated approximately three times the capital invested by GI Partners. >>Read more