MBF Healthcare Partners LP is set to purchase a majority interest in Birmingham, Ala.-based hospice care provider Affinity Hospice.
Affinity Hospice CEO Ray Shrout will continue to hold a substantial equity position in the company, which offers end-of-life services to patients in Alabama and Georgia.
The deal is expected to be completed in November.
MBF is a middle-market private equity and venture capital firm focused on healthcare companies.