Cimarron Healthcare Capital and Tacoma Holdings have announced the recapitalization of Frontpoint Health.
Frontpoint is a home health and hospice platform focused primarily on servicing Medicare Advantage patients in the Texas market.
Cimarron, based in Salt Lake City, is a healthcare-focused private equity firm targeting investments in the lower middle market. Founded in 2015, the firm typically invests between $10 million and $30 million per transaction.
Tacoma, based in Park City, Utah, is a private equity firm focused on investments in the lower middle market. Founded in 2020, the firm typically invests between $10 million and $50 million in healthcare services and companies in other sectors.
Terms of the recap were not disclosed.