Goldman Sachs Aquires Home Care Company

Goldman Sachs Urban Investment Group and health care- focused MBF Healthcare Partners have purchased  Omni Home Care LLC, a provider of skilled nursing and therapy-based services.

Goldman Sachs Urban Investment Group and MBF, which will own equal stakes in Omni, used some senior debt financing from Wachovia Corp. (WB) and ORIX Finance Corp., which lends to health-care deals. Other terms weren’t disclosed.

Goldman Sachs Urban Investment Group, which typically invests in companies owned or operated by ethnic minorities or serving markets with large minority populations, liked the opportunity because of Omni’s focus on markets such as Florida with a significant Hispanic population, said William Gonzalez, a vice president with the firm. In addition, the majority of the investment team of co- investor MBF Healthcare is of Hispanic descent