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Renal Advantage and Liberty Dialysis Deal Completed
Date:12/22/2010

re forming a shared services organization supporting the two sister companies.  

About Liberty DialysisWith more than 112 dialysis clinics, Liberty Dialysis, is dedicated to providing outstanding care for patients with kidney disease, and a rewarding career experience for its caregivers.  Liberty has a history of developing clinics in underserved communities in conjunction with local physicians and non-profit organizations.  Liberty partners with local nephrologists and hospitals in developing, owning and operating these centers.  Liberty was founded in 2002 by Mark Caputo and Bob Santelli in conjunction with Bain Capital.  Liberty's historic rapid growth has been funded, in part, by subsequent equity investments from Bain Capital, KRG Capital Partners, and Ignition Partners, each of whom will continue as equity sponsors of the merged organization.  For more information on the company, please visit the website for Liberty Dialysis at www.libertydialysis.com

Barclays Capital and Bank of America Merrill Lynch served as financial advisors to Liberty Dialysis Holdings, Inc in relation to its transaction with RAI.

About Renal AdvantageBased in Brentwood, Tenn., Renal Advantage provides dialysis services to patients with chronic kidney failure, also known as end-stage renal disease (ESRD). Renal Advantage and Liberty Dialysis recently announced their merger which clearly positions the combined organization as the third largest provider of dialysis services in the U.S.  The shared services organization will maintain their unique brands in the markets they serve, and have 5,300 employees serving more than 19,000 patients in 260 locations in 32 states.  RAI also advances pioneering laboratory services through RenaLab, a state-of-the-art independent clinical laboratory located in Jackson, Miss.  Founded by veteran healthcare executives, RAI's growth pl
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SOURCE Renal Advantage
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