Merger Creates Largest Transition Planning and Facility Activation Consulting Firm in North America
Healthcare Building Solutions, LLC (HBS) has acquired the Transition Planning Division of Healthcare Technical Services, LLC (HTS). The HTS team has a national presence providing transition planning, facility activation, and move planning services to hospitals helping ensure a safe transition and patient relocation into a new environment of care.
HBS is a highly respected healthcare consultancy offering project management, medical equipment planning, transition planning, facility activation services, regulatory compliance assistance, and turn-key development capabilities to health systems, both domestically and internationally. HBS is a platform investment of Latticework Capital Management, a Dallas-based private equity firm focused on partnering with entrepreneurially minded management teams to build leading healthcare companies.
“We are very excited to add HTS’s deep bench of clinical expertise and transition planning professionals to our service line offerings,” shares Jay Hornung, ACHE, CHFM, President and CEO of HBS. “The addition of HTS to our portfolio of firms provides us with the resources, scale, geographic reach, and capabilities to solidify our position as the leading provider of transition planning and facility activation services in the healthcare industry.”
HTS was founded in 2002 and offers a range of services and solutions to facility managers and owners in support of the built environment. The firm’s client portfolio includes projects for health systems, academic institutions, community hospitals, children's hospitals, ambulatory/outpatient facilities, cancer centers, and rehabilitation (inpatient/outpatient) facilities across the country. “We have collaborated with HBS on projects and know that HBS shares our client-first focus,” adds HTS Senior Vice President Hilda Nering, RN, MSN. “We decided to join forces with HBS because we believe that a larger organization will allow us to provide a wider array of services and more depth to meet evolving client needs.”
About HBS
Founded in 2006 and headquartered in Langhorne, Pennsylvania, HBS provides a comprehensive suite of services that help healthcare organizations design, build, and operate industry-leading, innovative, safe, and cost-effective patient environments. As former hospital administrators, facility managers, clinicians, and Joint Commission regulators, HBS brings an understanding of the entire project lifecycle and a project portfolio that includes both new construction and renovation projects. For more information visit www.hbsinc.com.
About Latticework Capital Management
Headquartered in Dallas, Latticework is a growth oriented private equity firm focused exclusively on the healthcare industry. Latticework leverages its over 85 combined years of healthcare and investing experience, as well as its network of industry executives, to help companies grow and realize their full long-term value. For more information, please visit www.latticeworkcapital.com