SC&H Capital Advises Healthcare Management Solutions on the Sale of Stock to an ESOP
Our long-standing relationship with SC&H Capital and Greg Hogan allowed us to establish trust in their process and expertise, and their guidance in evaluating the ESOP transaction was invaluable in reaching a successful outcome for the future employee owners of HMS.”
Leah HeimbachPresident Healthcare Management Solutions
Since founding HMS in 2002, Leah Heimbach has focused on building a company that delivers a unique combination of healthcare experience and innovative IT capabilities to enable HMS customers to achieve new levels of efficiency and effectiveness. After owning and running the business for almost 20 years, Leah reached the difficult conclusion that it was time to transition the ownership of the business as the next step in the evolution and growth of HMS.
SC&H Capital has served as a strategic and M&A advisor to HMS for nearly a decade. Recently, SC&H was engaged to help the company to understand and assess the landscape of transition options; including a third-party sale, recapitalization, or an ESOP. After evaluating each of the potential options, Leah and the management team of HMS determined that a sale to an ESOP allowed for the best outcome for all parties including the shareholder, the company, the management team, and the employees. After determining that the ESOP represented the best possible solution, the Company retained SC&H to advise on the structuring and execution of the transaction and to assist in raising debt financing.