Kain Capital has announced it has acquired Hospice Care of America (HCA).
HCA, founded in 2004 and based in Kansas City, operates a group of affiliated hospices in Kansas, Missouri, Oklahoma and Colorado.
Kain, based in New York and founded in 2014, is a private equity firm focused on investments in healthcare services and information technology companies.
The acquisition of HCA was announced in conjunction with Kain announcing the formation of PERA Holdings, a new holding company for hospice investments.
Terms of the acquisition were not disclosed.