Remuda Ranch Company
In July of 2001, Prospect Partners and management acquired Remuda
Ranch from its publicly traded parent company. Remuda Ranch of Wickenburg,
Arizona is the leading provider of medical, nutritional and psychological
treatment for women and girls with eating disorders.
In the years prior to completing the transaction with Prospect
Partners, Remuda had passed through multiple corporate parents and
received little assistance or attention during that time. In addition,
the management team had no ownership stake in the business. After
completing the transaction with Prospect, management became owners
alongside Prospect. Significant effort went into working with management
to develop short and long-term plans for building on Remuda’s
past success to create a stronger and more valuable business for
the benefit of patients, employees and shareholders.
Under prior ownership, Remuda received no attention or assistance
and was treated as a provider of cash flow to fund non-Remuda-related
activities of the corporate parents. Prospect worked with management
as fellow shareholders and partners, sitting “on the same
side of the table” to address the needs of the business.
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