National Health Care Affiliates, Inc.
37.2% IRR
Founded in 1977 by Mark E. Hamister, NHCA quickly became one of the top 20 long-term care and sub-acute providers in the United States. During the 1980’s, NHCA made the Inc. 500 list five times as one of the fastest growing companies. By 1996, when it was sold, NHCA had 37 business units in six states with annual sales exceeding $100 million. Shareholders received an internal rate of return exceeding 37.2%.
