Blackstreet Capital Holdings sells stake in Premier Care to Management

BCH affiliate sells holding in direct marketer of walk-in bath tubs and showers

CHEVY CHASE, Md.--()--Premier Care Holdings, Inc. (“PCI” or the “Company”), an affiliate of Blackstreet Capital Holdings, LLC (BCH), has sold its ownership in Premier Care, LLC (“Premier Care”) in a Management Buyout lead by Chief Executive Officer, Ron Greene. Premier Care, headquartered in South Daytona, FL, provides safe bathing solutions for seniors, veterans, those with limited mobility or people living with disabilities. BCH is run by Murry Gunty, Chief Executive Officer, and Lawrence Berger, Chief Investment Officer.

“We want to thank BCH for their partnership in Premier Care and look forward to continuing to build Premier Care into a leader and innovator in safe bathing solutions,” said the Company’s CEO, Ron Greene. “With this management buyout, we are best positioned to enable our customers to rediscover their independence while continuing to live at home with our walk-in bath tubs and showers.”

“Ron is an industry veteran and he is the right person to continue to build Premier Care in the future,“ said Murry Gunty, CEO of BCH. “Through the outstanding work of the BCH team, Premier Care has been reconfigured into a great opportunity for Ron.”

BCH is a diversified holding company that seeks investments in debt and equity of companies that are either underperforming, in out-of-favor industries or are undergoing some form of transition. BCH seeks to invest in a range of industries including education, manufacturing, sports and entertainment, distribution, ecommerce, technology, and franchising.

About Blackstreet Capital Holdings, LLC

Blackstreet Capital Holdings, LLC is a Chevy Chase, MD based diversified holding company run by Murry Gunty and Lawrence Berger. BCH currently has equity and debt holdings in education, consumer finance, sports and entertainment, and direct-to-consumer. Mr. Gunty and Mr. Berger have deep experience buying companies that are either underperforming businesses, in out-of-favor industries or are undergoing some form of transition. BCH seeks investments in a range of industries, including education, manufacturing, sports and entertainment, distribution, ecommerce, and franchising.

Contacts

Blackstreet Capital Holdings, LLC
Lawrence Berger, 202-210-2234
LBerger@blackstreethold.com

Contacts

Blackstreet Capital Holdings, LLC
Lawrence Berger, 202-210-2234
LBerger@blackstreethold.com