Generational Equity, a leading M&A advisor for privately held businesses, announce the sale of its client Inteli-Care LLC to 24 Hour Home Care. The transaction closed on November 16, 2022. According to the LevinPro HC database, this marks the 100th Home Health & Hospice transaction announced during 2022.
Inteli-Care was wholly owned by CEO Onesimo “Mo” Vigil and Executive Director Rachel Vigil. Post-closing, both Mo and Rachel will be partners of the acquirer and continue in their respective roles and positions.
Founded in 2003, Inteli-Care is a non-medical home health care provider based out of Albuquerque, New Mexico. Inteli-Care’s caregivers and personal care attendants provide a wide range of non-medical services including light housekeeping, meal preparation, mobility assistance, companionship, cognitive assistance, medication reminders and assistance with bathing and toileting.
24 Hour Home Care is a provider of non-medical home care to seniors and persons with intellectual and developmental disabilities. 24 Hour Home Care started in 2008 in Los Angeles and has since expanded across California, Arizona and Texas. 24 Hour Home Care was acquired by TEAM Services Group, a portfolio company of private equity firm Alpine Investors, in October 2021.
