New York, NY, September 25, 2014 — BBH Capital Partners (“BBHCP”) announced today that it has recapitalized KabaFusion Holdings, LLC and Affiliates (“KabaFusion” or the “Company”) in partnership with Dr. Sohail Masood, KabaFusion’s founder and CEO, and other key members of the Company’s senior management team. The recapitalization included growth capital for the pursuit of organic and inorganic growth opportunities. In conjunction with the recapitalization, Dr. Masood and senior management remain significant shareholders of KabaFusion.
KabaFusion, headquartered in Cerritos, CA and founded by Masood, is a fast growing provider of specialty pharmaceutical home infusion (“Specialty Home Infusion”) services. Through its pharmacy locations in California, Texas, Massachusetts and New Jersey, the Company provides Specialty Home Infusion services to those with a broad scope of complex chronic and acute diseases. Bradley M. Langer, Managing Director of Brown Brothers Harriman & Co. and Co-Manager of BBHCP commented, “We were very focused on finding a platform in the Specialty Home Infusion sector. We believe that the provision of high touch infusion therapy services in the home provides an attractive value proposition to patients, providers and payors and that Specialty Home Infusion providers are important partners for specialty pharmaceutical manufacturers. Dr. Masood and his management team are highly experienced, proven executives in Specialty Home Infusion who are focused on providing high quality care to their patients, and we are looking forward to our partnership with Dr. Masood and the entire KabaFusion team in the continued growth of the Company.”
On the new partnership, Dr. Masood commented, “Partnering with BBHCP is the next step in the evolution of KabaFusion. The management team believes that the recapitalization with BBHCP will help to facilitate the future growth objectives that me and my management team believe are available for KabaFusion as the market for high quality Specialty Home Infusion services continues to expand. BBHCP is a long time, experienced healthcare investor that really understands our business and understands the opportunities in front of the Company. We are looking forward to our partnership.”
About KabaFusion: KabaFusion provides Specialty Home Infusion services to patients in 26 states with complex chronic and acute conditions. The Company was founded in 2010 by Dr. Sohail Masood, who is a licensed pharmacist and long term veteran of the Specialty Home Infusion segment.
About BBH Capital Partners: BBH Capital Partners, a private equity fund sponsored by Brown Brothers Harriman & Co., provides friendly capital solutions to profitable, growth oriented middle market companies. BBHCP typically invests between $25 million and $75 million per platform investment and has the flexibility to act as a control or non-control investor. BBHCP’s capital is used to support a variety of transactions including management or leveraged buyouts, growth financings, recapitalizations (including dividend recapitalizations), buy-and-build strategies and acquisitions.