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Tremont Associates Announces the Successful Acquisition of a Majority Interest in Accurate Home Care

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Tremont Associates, a Burlington, MA based private equity firm, completed the acquisition of Accurate Home Care. Accurate, located in Elk River, MN, provides in-home heathcare for patients who need specialized care at home and focuses on high-tech pediatric nursing cases.

(PRWEB) September 13, 2007 -- Tremont Associates, a Burlington, MA based private equity firm, completed the acquisition of Accurate Home Care.

Accurate Home Care, located in Elk River, MN, provides health care for patients who need specialized care at home and focuses on high-tech pediatric nursing cases such as those requiring tracheostomy tubes, gastrostomy tubes or ventilators. Over the last few years, Accurate has been one of the fastest growing home health care companies in Minnesota thanks to its unique business model and the commitment of the management team and employees.

Troy Kenyon, a partner at Tremont Associates said, "Tremont is very excited by the opportunity to partner with Accurate. The company has a great reputation for the quality and expertise of the care that it provides to its patients. We are looking forward to supporting the company and its committed management team and staff as it enters its next phase of growth."

Kenyon added, "Accurate is a great example of the types of growth-oriented companies that Tremont looks to partner with. It is a well run company with a great team that is competing in a well-defined and market niche with a diverse set of growth opportunities."

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Mary Bitanga
Tremont Associates, LLC
(781)272-7910
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