Evolution Capital Partners Invests in Cascade Healthcare Services
Cleveland, OH -- June 23, 2014 -- Evolution Capital Partners LLC (“Evolution”) is pleased to announce its investment in Cascade Healthcare Services, LLC (“Cascade”).
Headquartered in Colorado Springs, CO, Cascade offers high quality, cost effective and complementary healthcare training and staffing services to private, nonprofit and government entities nationwide. Authorized by the American Heart Association and other curriculum providers, Cascade's training centers administer mandatory certification programs to healthcare professionals, businesses and individuals. Accredited by the Joint Commission, Cascade provides travel nurse and allied healthcare staffing services to healthcare facilities throughout the United States.
“We are thrilled to have Cascade as the fourth platform investment in our second Fund and excited to partner with Cascade’s co-founders, Dave Fiala and Paul Regalia, as they continue to build on the foundation they have created,” said Evolution’s co-founder and managing partner, Jeffrey Kadlic. Mr. Kadlic continued, “There is tremendous potential for Cascade to expand their expert training and specialty healthcare staffing while ensuring the highest quality of care for every patient."
“Over the last decade we have worked hard to build a company that delivers high quality training and staffing to healthcare and commercial industries,” added Dave Fiala. “We are excited about partnering with Evolution Capital Partners. They not only have the knowledge and experience to help take us to the next level but, more importantly, we share similar core values.”
Bowside Capital, a private investment firm based in Charleston, SC, provided additional equity financing.