Evolution Capital Partners LLC ("Evolution") is pleased to announce its investment in Cascade Healthcare Services, LLC ("Cascade").
Headquartered in Colorado Springs, Colorado, Cascade provides healthcare training and staffing services to private, nonprofit and government entities nationwide. Cascade's two verticals provide high quality, cost effective and synergistic services to some of healthcare's most challenging sectors with a focus on patient outcomes. The training center is authorized by the largest nationally validated curriculum providers to administer mandatory certification programs to all levels of healthcare providers including physicians, registered nurses and many other allied healthcare professionals. Staffing services provides experienced healthcare professionals the ability to work in some of the most challenging patient care environments and client facilities with experienced and accountable staff.
"We are thrilled to have Cascade as the fourth platform investment in our second Fund, and excited to partner with co-founders, Dave Fiala and Paul Regalia, as they continue to build on the wonderful foundation they have created," said Evolution's Co-Founder and Managing Partner, Jeffrey Kadlic. Jeffrey continues "There is tremendous potential for Cascade to expand their expert training and specialty healthcare staffing while ensuring the highest quality of care for every patient."
"Over the last decade we have worked hard to build a company that delivers high quality training and staffing to healthcare and commercial industries. We are excited about partnering with Evolution Capital Partners, they not only have the knowledge and experience to help take us to the next level but, more importantly, we share similar core values," said Dave Fiala.
Bowside Capital, a Charleston, South Carolina based private investment firm, also provided additional equity financing.
About Evolution Capital Partners
Evolution Capital Partners is a small business private equity fund investing growth equity nationwide in Second Stage Companies generating annual free cash flow of at least $500,000. Evolution specializes in helping entrepreneurial businesses transform and scale their organization by providing the capital, management, infrastructure and other resources necessary to leverage the time and energy of the business owner. To learn more, visit www.evolutioncp.com
About Cascade Healthcare Services
An organization of healthcare professionals providing real time, cost effective and patient care focused solutions for the staffing, training and health needs of its clients. Cascade provides medical staff and medical training services to Hospitals, Medical Centers, Medical Clinics, EMS authorities, Fire Departments, Federal, State and Local Government Agencies, Correctional Facilities, and individuals in the community. To learn more, visit www.cascadetraining.com