Viemed Healthcare Acquires East Alabama HomeMed
Viemed Healthcare, Inc. announced that it acquired East Alabama HomeMed. East Alabama HomeMed, also called HomeMed, provides home medical equipment services to patients within the East Alabama Health network, as well as those in the surrounding areas of Eastern Alabama. Viemed Healthcare is a provider of in-home medical equipment and post-acute respiratory healthcare services in the United States. Viemed’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counseling to patients in their homes. The transaction closed on April 1, 2024, with Viemed acquiring a majority ownership interest and assuming managerial... Read More »
Best Life Brands Announces Latest Acquisition of Next Day Access
Best Life Brands, a portfolio company of private equity firm The Riverside Company, announced that it has added another home-focused company to its portfolio. The company will acquire Next Day Access, according to a March 25 press release. Next Day Access is a leading provider of home access solutions to homeowners and businesses across the United States and Canada. The company offers wheelchair ramps, stair lifts, porch lifts, patient lifts, grab bar installations, auto lifts, pool lifts, mobility scooters and other mobility equipment, as well as durable medical equipment such as manual wheelchairs, super poles, shower benches, transfer benches, toilet safety frames, hospital beds... Read More »
PE Firm Waud Capital Partners Acquires Senior Helpers
Waud Capital Partners announced on March 21 the acquisition of Senior Helpers, one of the national leaders in home care and wellness offerings for seniors. Waud Capital is acquiring Senior Helpers from Illinois-based Advocate Health, the third-largest nonprofit health system in the nation. Timonium, Maryland-based Senior Helpers operates through more than 380 franchised and corporate-owned locations that span 44 states, Canada and Australia. These locations provide seniors home care and wellness services, including meal planning, grocery shopping, medication reminders, transportation, companionship and assistance with personal hygiene. It also offers special programs for chronic... Read More »
Regency Home Care Sale and Home Health M&A Trends – A Conversation with Stephen Sargent of Agenda Health
When it comes to mergers and acquisitions (M&A), every closed transaction tells a story—a narrative of challenges, negotiations and ultimately, success. Stephen Sargent, a Managing Director at Austin, Texas-based M&A advisory firm Agenda Health, recently shared his involvement in a noteworthy home care deal that was completed at the end of 2023. His commentary not only reveal the intricacies of the transaction itself, but also shed light on market trends and future forecasts in the Home Health & Hospice (HH&H) market. The key players in this deal were Regency Home Care, based in Atlanta, led by founder and owner Erich Schuetz, and Feature Healthcare, also in Georgia. The... Read More »