Just Care

Just Care, Inc. is a detention healthcare company that provides medical and mental health services. It offers sub-acute, intermediate, and hospice care for AIDS, cancer, cardiac disease, dialysis, life support, and mental health treatment, as well as special needs programs. The company serves county, state, and federal law enforcement agencies, as well as mental health organizations

The GEO Group, Inc. is the world's leading provider of correctional detention, and residential treatment services with facilities located in the United States, United Kingdom, Australia, and South Africa. GEO is a leader in the delivery of private correctional and detention management, community re-entry services as well as behavioral and mental health services to government agencies worldwide.

Case description: Delaware appraisal action arising from the sale of Just Care to the GEO Group for $40 million

Cypress was offered as an expert witness on behalf of the Defendant as to the valuation of Just Care.  The case was tried and the Chancery Court valued Just Care at $34.2 million. Cypress had valued the company in a range of $33.6 million to $34.1 million. The petitioner’s expert had valued it at $55.2 million.