Select Medical Corp. Acquires SemperCare

Select Medical Corp. (NYSE: SEM) has completed the acquisition of SemperCare Inc., a Plano, Texas-based operator of 17 long-term acute care hospitals. The deal is valued at approximately $100 million. CRP invested in SemperCare in 2001, leading a Mezzanine Debt and Preferred Stock financing. Investors in the Company are Three Arch Partners, CHL Medical Partners, Salix Ventures and CIBC Capital Markets.

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