A Kansas City-based company with hospice operations in four states has sold a majority stake for a unit of private equity firm Kain Capital LLC.
Hospice Care of America sold a controlling stake in the company to Kain Capital, according to a release. Terms of the deal were not disclosed, but HCA founders Phil Hill, Janet Rogers and Russ Rogers remain equity owners and will continue to work as executives for the operation.
Kain Capital is a New York-based private equity firm that specializes in the…
