InTandem Capital Partners, LLC announced on January 12 the completion of its equity investment in HouseWorks, one of the nation’s largest independent home care companies.
Goodwin Procter LLP served as legal counsel for InTandem Capital. Edgemont Partners served as the firm’s exclusive financial advisor. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal counsel for HouseWorks and SVB Securities served as the company’s exclusive financial advisor. Financial terms of the transaction were not disclosed.
Founded in 1999 and based in Woburn, Massachusetts, HouseWorks is one of the nation’s largest independent home care companies.
InTandem Capital Partners is a private equity firm that invests in and helps accelerate the growth of small to mid-sized companies in select healthcare services sectors.
According to data captured in the LevinPro HC database, this acquisition marks the third Home Health & Hospice (HH&H) transaction of 2023. There were 110 HH&H transactions announced during 2022.
