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SEATTLE, WA -- Alexander Hutton is very pleased to announce it facilitated a majority investment for Ro Health, Inc. The shareholders following the transaction include Achieve Partners, Ro Health Founder & CEO Jeff Widmyer and other senior executives and board members of Ro Health.
Regarding the transaction Alexander Hutton Managing Director Scott Hardman said, “The majority investment from Achieve Partners will not only accelerate Ro’s already rapid growth by utilizing Achieve’s Last Mile Training program, it also allowed current shareholders to gain some liquidity while continuing to have significant ownership. Given the strong alignment and fit between the parties, we were thrilled to assist Jeff and his team to complete this transaction.”
Commenting on the work of Alexander Hutton, Ro Health Founder & CEO Jeff Widmyer said "The Alexander Hutton team was exceptional. I couldn't be more impressed with their professionalism, support and dedication. They were with me every step of the way."
Cassidy Leventhal, Vice President at Achieve Partners said “Building on its track record of success, Ro Health is putting Last Mile Training to work to tackle the labor shortage in one of the most critical fields for the long-term health of our economy and our society.”
Legal counsel for Ro’s shareholders was Ogden Murphy Wallace while Achieve was represented by Greenberg Traurig. Financial terms of the transaction were not disclosed.
MORE ABOUT RO HEALTH
Headquartered in Seattle and with current operations in the Western U.S., Ro Health is a rapidly expanding home health and medical staffing agency. Founded in 2013 by Jeff Widmyer, Ro Health has grown to over 1,000 employees. Ro Health is committed to helping its providers achieve their goals while delivering exceptional patient care.
MORE ABOUT ACHIEVE PARTNERS
Achieve Partners is engineering the future of learning and earning by investing in cutting edge technologies and novel business models to bolster skill development and secure the future of work for millions of Americans. By harnessing digital transformation to build new models for learning and new pathways to good jobs, Achieve is helping to level the playing field, improve socioeconomic mobility, and rekindle the American Dream. www.achievepartners.com
MORE ABOUT ALEXANDER HUTTON
Alexander Hutton is the oldest Middle Market Investment Banking firm in the Northwest. Since its founding in 1986, the firm has worked on behalf of entrepreneurs and boards of directors to help them divest and acquire their companies and to serve as their advocates to the complex capital markets. Alexander Hutton clients reflect the Northwest region’s global expertise in manufacturing, technology, services, healthcare, and logistics. As the Seattle office of Oaklins, the world's leading M&A specialist with 70 offices worldwide, Alexander Hutton provides clients global reach as they explore strategic alternatives. With 220 successful M&A transactions, Alexander Hutton have gained the appreciation and trust of clients by being strong, thoughtful and effective teammates.