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Citizens Advises ACU-Serve on its Strategic Partnership with Lovell Minnick Partners

November 01, 2023, 07:04 AM
Filed Under: Medical

Citizens M&A Advisory served as the exclusive financial advisor to ACU-Serve Corp. on its majority growth investment from Lovell Minnick Partners, a private equity firm focused on investments in financial services, business services and financial technology companies. ACU-Serve is a leader in revenue cycle management for healthcare providers focused on post-acute, home-based care, including the home medical equipment, durable medical equipment and home infusion industries.

ACU-Serve Founder and Chief Executive Officer Jim Knight said: "We greatly appreciate the efforts made by Justin and the entire Citizens team in bringing about a successful outcome. Their knowledge of the RCM sector, work ethic and expert advice while navigating the M&A process helped us find the right partner to continue and accelerate our success.”

“Jim and the executive management team have built ACU-Serve into a best-in-class RCM solutions provider with a reputation for delivering outstanding value through leading technology and services,” said Citizens Managing Director Justin Bentley. “The strategic partnership with Lovell Minnick Partners, which has a long track record of successful partnerships with high growth, technology-enabled companies, will help ACU-Serve drive continued success while better serving their clients.”

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