Havencrest Capital Management, a Dallas-based healthcare private equity firm, has announced its sixth and seventh acquisitions under its Avid Health at Home platform: Home Care Angels (HCA) and Private Duty Home Healthcare (PDHH).
HCA is a leading provider of at-home personal care services in Illinois. The company is based in Des Plaines, Illinois. PDHH is a Michigan-based provider of personal care services and private duty nursing.
Avid Health at Home is a multi-state home care provider serving individuals of all ages who are frail, disabled and in need of assistance. Avid Health at Home was formed by Havencrest Capital Management through its acquisition of For Papa’s Sake Home Care in August 2023.
Avid Health at Home announced two acquisitions in 2024. The company acquired Central Illinois Care Services in October and Sandhills Home Care in December.
The addition of HCA adds to Avid Health at Home’s platform in the Chicagoland area, while the addition of PDHH serves as Avid’s initial acquisition in Michigan as the company expands its geographical footprint throughout the Midwest.
According to data captured in the LevinPro HC database, this acquisition marks the 34th and 35th Home Health & Hospice (HH&H) transaction of the year. There were 96 HH&H deals announced during 2024, and 100 announced during 2023.
