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Bristol Hospice Acquires “New Hope” Hospice Care operations
Bristol Hospice, which is backed by Webster Capital, has added New Hope Hospice Care in Dallas, Texas, a for-profit hospice provider to its portfolio. No financial terms were disclosed.
Salt Lake City, Utah (April 1, 2019) — Bristol Hospice, a portfolio Company of Webster Capital, is pleased to announce its partnership with New Hope Hospice Care in Dallas, Texas.
Bristol Hospice CEO, Hyrum Kirton, remarked, “New Hope Hospice Care has a reputation of delivering exceptional patient care in the Dallas – Fort Worth area. We are excited to assist the team in their next phase of growth. Our combined team is comprised of the most talented and compassionate professionals in the industry. We are committed to maintaining the highest clinical standards while continuing to expand Bristol Services across new and existing communities.” New Hope Hospice CEO, Kevin Burton stated “We have worked with vigilance to provide an excellent patient experience for those we have been honored to serve. We are thankful to have discovered a company that shares our mission, commitment, and belief that the care we provide for others is of utmost importance. We believe that we have found that partner in caring among the compassionate and qualified people at Bristol Hospice.”
Bristol Hospice began serving patients and families in Texas in December of 2013 with the purchase of “Lighted Pathways” – Waxahachie, Texas. With the merging of the Bristol Hospice Location in Waxahachie and the New Hope Hospice location in Bedford, TX it will create positive synergies with staffing coverage as well as considerable expansion to the service areas including: Anderson, Angelina, Cherokee, Dallas, Ellis, Gregg, Harrison, Henderson, Kaufman, Nacogdoches, Navarro, Rusk, Smith, Tyler, Van Zandt, Tarrant, Dallas, Denton, Collin, Rockwell, Johnson and Hill Counties. Bristol Hospice also has a location in The Woodlands, Texas serving Houston and surrounding counties.
About Bristol Hospice
Bristol Hospice began operations in 2007 and is headquartered in Salt Lake City, Utah. They provide Hospice services from 25 locations across eight states. The Bristol Programs are designed to promote quality and comprehensive hospice services to patients and families in the communities they serve. The Bristol leadership is committed to the company’s mission in ensuring that all patients and families who are entrusted to our care will be treated with the highest level of compassion, respect, and quality of care.
For additional information on Bristol Hospice please visit www.bristolhospice.com.
About Webster Capital
Founded in 2003, Webster invested in Bristol Hospice in November 2017 with the goal of providing the highest quality hospice and palliative care services to meet the physical, psychosocial and spiritual needs of individuals at the end of life. Webster Capital is a private equity firm that invests in the branded consumer and healthcare services industries and provides equity financing, expertise, and a broad contact network for management buyouts and growth capital. For additional information on Webster Capital, please visit www.webstercapital.com.
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