.__35eFTzH__cls-1{fill:#1c4b5b;}.__35eFTzH__cls-2{fill:#069dd9;} ABOUT VALUE CREATION PORTFOLIO TEAM NEWS BACK TO NEWS ModivCare Completes Acquisition of Pamlico Portfolio Company VRI Sep 22, 2021 COMPANY VRI Franklin, OH INVESTMENT TEAM Brian Chambers Ben Albert Watts Hamrick, III Stuart Christhilf, IV ModivCare Inc. (“ModivCare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions focused on improving patient outcomes, today announced that the Company has completed its previously announced acquisition of VRI Intermediate Holdings, LLC (“VRI”), an industry-leading provider of remote patient monitoring solutions, for a purchase price of approximately $315 million, subject to customary purchase price adjustments. Forward-Looking Statements Certain statements contained in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are predictive in nature and are frequently identified by the use of terms such as “may,” “will,” “should,” “expect,” “anticipate,” “believe,” “estimate,” “intend,” and similar words indicating possible future expectations, events or actions. In addition, statements that are not historical statements of fact should also be considered forward-looking statements. Such forward-looking statements are based on current expectations, assumptions, estimates and projections about the Company’s business and the Company’s industry, and are not guarantees of the Company’s future performance. These statements are subject to a number of known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s ability to control or predict, which may cause actual events to be materially different from those expressed or implied herein. The Company has provided additional information in its Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) for the fiscal year ended December 31, 2020 and subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made and are expressly qualified in their entirety by the cautionary statements set forth herein and in our other filings with the SEC. We undertake no obligation to update or revise any forward- looking statements contained in this release, whether as a result of new information, future events or otherwise, except as required by applicable law. ABOUT PAMLICO ABOUT VRI ABOUT MODIVCARE About Pamlico Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies in North America. Pamlico Capital seeks control-oriented growth equity investments of up to $200 million alongside founders and proven leaders in its target industries: business & technology services, communications, and healthcare. The firm, based in Charlotte, NC, has assets under management of approximately $4 billion. For additional information, please visit www.pamlicocapital.com. LP LOGIN Login (opens in new window) CONTACT US (704) 414 7150 (opens in new window) Email Pamlico (opens in new window) Download Brochure (opens in new window) ADDRESS 150 North College St. Suite 2400 Charlotte, NC 28202 (opens in new window) Pamlico Capital respects your privacy and will process your personal information in accordance with our Website Privacy Policy, linked below. The categories of personal information we may collect from you and the purposes for which we may use this information are listed therein. © 2021 Pamlico Capital. All rights reserved. a FINE site (opens in new window) Privacy Sitemap