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Pinecrest Serves as Exclusive Financial Advisor to MGA Homecare

DALLAS, TX (April 14, 2020) – Pinecrest Capital Partners (“Pinecrest”), a premier investment banking firm to middle market companies, is proud to announce that MGA Homecare (“MGA”), a portfolio company of ZOE Holding Company, Inc. (“ZOE”), has partnered with Flexpoint Ford. Pinecrest served as the exclusive financial advisor to MGA and ZOE.

MGA is an established pediatric home healthcare provider throughout Arizona, Colorado, and Texas, specializing in skilled nursing, therapies, and other home care services.

Pinecrest Senior Managing Director, Barrett Kingsriter; Managing Director, Bobby Renkes; and Vice President, Scott Renkes served as the investment bankers on this transaction.

“The Pinecrest team provided first-class advisory services and was instrumental in developing and finalizing the partnership between MGA and Flexpoint Ford,” said Dave Zowine, CEO of ZOE. “Their team worked tirelessly to match MGA with the best partner capable of strategically increasing the company’s market presence. We are eager to see what’s next for MGA as the company continues to expand clinical services and patient care.”

“Both the ZOE and MGA management teams were exceptional during the process,” added Barrett Kingsriter, Senior Managing Director for Pinecrest. “We’re thrilled MGA’s management and clinical teams will be able to partner with Flexpoint Ford to further expand its quality, compliance, and patient-centered initiatives. We look forward to seeing MGA’s future growth as an industry leader in pediatric home health.”

Gibson, Dunn & Crutcher LLP, Orrick Herrington & Sutcliffe LLP, and The Nelson Law Group, PLLC acted as legal counsel for MGA and ZOE and Crowe LLP provided accounting and financial diligence services.

About Pinecrest Capital Partners:
Pinecrest Capital Partners is a premier investment banking firm based in Dallas, Texas that offers exclusive advisory services to middle market companies with enterprise values typically ranging from $25 million to $500 million. Pinecrest’s team of highly experienced professionals operates across a variety of industries and is an expert in managing transaction processes. By focusing on high-touch advisory and one-stop solutions, Pinecrest works to position clients with the goal of maximizing transaction outcomes and realizing the full value of their companies. For more information about Pinecrest Capital Partners visit
www.pinecrestcap.com.

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The testimonials may not be representative of the experience of other customers and is no guarantee of future performance or success.

Barrett Kingsriter’s career has focused on advising on business strategy, mergers and acquisitions, private placements for companies in a variety of industries and stages of development, capital raising and corporate formation. His extensive expertise in successfully managing complex transactions crosses a broad spectrum of industries, including energy, healthcare, industrials, technology, manufacturing, aerospace, financial services, technology and construction. As Senior Managing Director at Pinecrest Capital Partners, Kingsriter concentrates on merger and acquisition advising, capital raising transactions and advising companies on strategic and growth initiatives. Prior to forming Pinecrest, an investment banking firm based in Dallas, Texas that offers exclusive advisory services to middle market companies with enterprise values typically ranging from $25 million to $500 million, Kingsriter served with several prestigious investment banking and financial advisory institutions, including Managing Director and Head of Investment Banking at Barrier Advisors, Inc.; Vice President of Commerce Street Capital, LLC; and Managing Director and Head of Investment Banking at NexBank Capital Advisors. He served as Managing Director at NexBank Capital, Inc. He also served as an Analyst with SAMCO Capital Markets, Inc. where he focused on mergers and acquisitions, private placements and research for funds management. Kingsriter earned his bachelor of science in Political Science from Southern Methodist University and studied Political Science and International Law at Oxford and Cambridge Universities. He holds a juris doctorate from the University of Richmond. He is registered with the Financial Industry Regulatory Authority (FINRA) as a General Securities Representative (Series 7, 63) and an Investment Banking Representative (Series 79).