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Trive Capital (“Trive”), the Dallas-based private equity firm, is excited to announce its recent acquisition of Valor Healthcare, Inc. (“Valor” or the “Company”) from Concentra Health Services, Inc. Founded in 2004 and headquartered in Addison, Texas, Valor is an outsourced provider of high quality primary care and mental health services to veterans in the United States. Valor operates more than 35 Veterans Administration (“VA”) community-based outpatient clinics (“CBOCs”) as a contractor for the US Department of Veterans Affairs.
“We are excited to partner with the Valor management team to support the continuing growth of the Company. We are firm believers in the mission of the Company to serve our nation’s veterans,” commented Conner Searcy, Managing Partner at Trive Capital. “Valor is a value-added contractor to its VA Medical Center partners with increased access to care for veterans. Trive looks forward to providing capital and resources to further enable Valor to pursue its mission.”
Dr. Scott Wise, CEO of Valor and a veteran himself stated, “Valor is a leader in the CBOC market, and we are eager and excited to watch its continued success and expansion with a partner like Trive. We share in our passion for the mission and look forward to continuing to enhance our service offerings for our VA Medical Center partners and veterans.”
About Valor Healthcare, Inc.
Valor Healthcare Inc. operates more than 35 VA community-based outpatient clinics in the United States as a contractor for the US Department of Veteran Affairs. Valor provides a full range of medical services to veterans through the operation of CBOCs tailored to meet the specific needs of local VA Medical Centers. The company’s comprehensive set of services includes primary care, diagnostics, laboratory, telehealth, behavioral health, and more.