NASHVILLE, Tenn.--(BUSINESS WIRE)--Rubicon Founders, a healthcare investment firm focused on building and growing transformational companies, announced today that it has made a majority investment in Horizon Infusions, Ohio’s largest network of ambulatory infusion centers. BroadOak Capital will continue as a minority investor in Horizon Infusions.
Horizon Infusions operates 21 centers statewide, providing critical infusion therapies to patients with chronic conditions. Horizon is renowned for its commitment to delivering exceptional patient care in a convenient outpatient setting. With a track record of operational excellence, Horizon uses state-of-the-art facilities and a highly skilled team to provide a comprehensive range of infusion therapies.
With this acquisition, Rubicon continues to expand its portfolio of healthcare services businesses that prioritize expanding access to high-quality, low cost, patient-centered care in optimal ambulatory care settings.
“We are thrilled to add Horizon Infusions to our portfolio and excited to partner with their talented leadership team as they continue expanding,” said Matt Kim, Partner at Rubicon. “We believe Horizon Infusions’ commitment to clinical and operational excellence will continue to support growth both within Ohio as well as in new markets.”
“We look forward to partnering with the team at Rubicon, whose strategic vision, entrepreneurial spirit and commitment to patient-centered care will be instrumental in accelerating our growth," said Tim Johnson, Chief Executive Officer of Horizon Infusions. “This partnership will allow Horizon Infusions to remain independent, create growth opportunities for our employees, and continue our mission of providing superior care and lowering costs for our patients.”
“Ambulatory infusion centers deliver critical therapies in a setting that is increasingly preferred by patients, providers, and payors,” said Asif Dhanani, Principal at Rubicon. “With its strong operational foundation and market position, we believe the platform is well-positioned to continue capitalizing on the growing demand for ambulatory infusion services.”
Guggenheim Securities, LLC served as financial advisor and Ropes & Gray LLP served as legal counsel to Rubicon Founders. Raymond James served as financial advisor, and Pillsbury Winthrop Shaw Pittman LLP and Bass Berry & Sims, PLC served as legal counsel to Horizon Infusions.
About Horizon Infusions
Horizon Infusions is Ohio’s leading network of infusion centers, committed to delivering expert care in a low-cost patient-focused environment. For more information visit www.horizoninfusions.com.
About Rubicon Founders
Rubicon Founders is an entrepreneurial healthcare investment firm focused on building and growing transformational companies. Rubicon brings together a core team of investment and operating professionals who work to put patients and providers first.
