H.I.G. Capital’s Acquisition of St. Croix Hospice


Ropes & Gray advised H.I.G. Capital, while Winston LLP acted as legal counsel to St. Croix Hospice and Vistria in the transaction.

H.I.G. Capital announced that one of its affiliates has signed a definitive agreement to acquire St. Croix Hospice. The transaction will be completed through the H.I.G. Advantage fund. Terms were not disclosed.

Founded in 2008 and based in Oakdale, Minn., St. Croix is a leading provider of hospice care across the Midwestern United States, serving an area that covers six contiguous states.

H.I.G. is a leading global private equity and alternative assets investment firm with over $40 billion of equity capital under management.

The Ropes & Gray team that represented H.I.G Capital was led by private equity partner Carl Marcellino (New York; Picture), and included finance partner Stefanie Birkmann (New York), health care partner Deborah Gersh (Chicago), tax partner Benjamin Rogers (San Francisco), employment, executive compensation & benefits partners Alexandra Alperovich and Danna Kivell (both of New York), data, privacy & cybersecurity partner Edward McNicholas(Washington D.C.), private equity associate Zain Rehman (New York), health care associate Christina Bergeron (Boston) and employment, executive compensation & benefits counsel Stephanie Bruce (Boston).

Involved fees earner: Alexandra Alperovich – Ropes & Gray; Christina Bergeron – Ropes & Gray; Stefanie Birkmann – Ropes & Gray; Stephanie Bruce – Ropes & Gray; Deborah Gersh – Ropes & Gray; Danna Kivell – Ropes & Gray; Carl Marcellino – Ropes & Gray; Edward McNicholas – Ropes & Gray; Zain Rehman – Ropes & Gray; Benjamin Rogers – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: H.I.G. Capital, LLC;

Author: Ambrogio Visconti