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MBF Healthcare Partners to buy majority stake in Affinity Hospice

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.