May 5, 2016

Camellia Healthcare Completes Sale to Encompass Home Health

Brentwood Capital Advisors is pleased to announce that it served as the exclusive financial advisor to Camellia Healthcare (“Camellia” or the “Company”) in the sale of its Georgia operations to Encompass Home Health (“Encompass”).

Camellia is a leading regional provider of home health, hospice and private duty services. Based in Hattiesburg, Mississippi, Camellia operates 30 locations in Louisiana, Mississippi, Alabama and Tennessee. Encompass, a subsidiary of HealthSouth Corporation (NYSE: HLS), is a leading provider of home health, hospice and pediatric services to patients across 23 states.

Abb Payne, Chief Executive Officer of Camellia, commented, “Camellia has an excellent reputation for providing high quality post-acute care throughout the Southeast, and the sale of our Georgia operations will enable us to put greater focus on our core geographic markets. Brentwood Capital Advisors, our investment banker in this transaction, did an excellent job of creating and maintaining a competitive process that maximized shareholder value. BCA provided extensive resources that were essential to the success of the transaction and was integral in every phase of the process from signing until closing.”

“We are pleased to be joining forces in Georgia with a great organization like Camellia.   By combining the Camellia and Encompass teams in Georgia, we will further our mission of providing a better way to care,” said April Anthony, Chief Executive Officer of Encompass.

“We were pleased to represent Camellia in the sale of its Georgia operations,” stated L.A. Galyon, Managing Director of Brentwood Capital Advisors LLC. “Camellia has a strong reputation for delivering high quality patient care and unmatched customer service to patient families and referral sources. This divestiture was our second assignment for Camellia, following a successful capital raise in 2013. The home health and hospice sectors are a critical component of our healthcare services practice, and we look forward to working with the Camellia team again in the future.”

About Camellia Healthcare
Camellia Healthcare, founded in 1974 by W.A. Payne, is a Medicare certified, state licensed provider of home health care, hospice and private duty services. Headquartered in Hattiesburg, Mississippi, Camellia provides a broad range of post-acute care services to Louisiana, Mississippi, Alabama, and Tennessee. For more information, please visit www.camellia.com.

About Brentwood Capital Advisors
Based in Franklin, Tennessee, Brentwood Capital Advisors (“BCA”) is one of the South’s leading boutique investment banks that provides mergers and acquisitions and capital raising advice to privately-held, middle market healthcare, technology and tech-enabled and outsourced services companies. BCA has served as exclusive financial advisor in over 74 successfully closed transactions totaling approximately $4.7 billion in value in these sectors. Founded in 1999, the firm is partner-owned and has sixteen investment banking professionals. For more information, visit www.brentwoodcapital.com.

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