In May 2020, an SGK team led by Eric C. Springer and Susan J. Messer represented Chronic Care Management, Inc. (“CCMI”), in its acquisition of substantially all of the assets of Cosán Group LLC.
Established in 2015, Cosán grew to be an industry-leading healthcare organization creating new pathways to modern aging with technology-driven preventative care services, offering concierge home care for older adults. Early market exposure in the delivery of technology and services to support the chronic care management and behavioral health integration programs along with remote patient monitoring propelled Cosán to deliver a practice and patient-centric approach to remote care coordination. As a result of this transaction, CCMI now offers more effective services and value to care providers through its ability to leverage its enhanced technology and patient focused services. CCMI will now be able to positively impact more patient lives on a national basis.
In addition, SGK represented CCMI in raising the funds necessary for the acquisition from existing investors through the issuance of convertible notes. The SGK team also included Chase S. Ayers.
The announcement of the transaction can be found at: https://www.cosangroup.com/the-update-merger-announcement-cosan-group-llc-ccm-inc/.