Family Resource Home Care Purchases Washington-Based Beneficial In-Home Care
Family Resource Home Care announced on February 6 the acquisition of Beneficial In-Home Care, a home-health care service company with locations across Washington. This acquisition strengthens Family Resource Home Care’s footprint in Washington. Beneficial In-Home Care provides in-home care services to residents of all ages and special needs who require additional help with daily tasks. The company has six locations in Spokane, Colville, Wenatchee, Moses Lake, Pullman and Omak, Washington. Family Resource Home Care, a portfolio company of Great Point Partners, is the largest independent home care services provider in the Pacific Northwest. The company provides home care services across 35... Read More »
Levine Leichtman Capital Partners and Management Acquire Synergy HomeCare
Levine Leichtman Capital Partners (LLCP) announced that it has partnered with management to acquire Synergy HomeCare from NexPhase Capital, LP. Synergy HomeCare will continue to be run by the existing executive team led by CEO, Charlie Young. Synergy HomeCare is a provider of in-home care services to individuals of all ages with more than 240 franchises operating in approximately 550 territories across 42 states. The company provides a broad range of non-medical in-home services including personal care, companion care, memory care and specialized care for individuals living with physical or developmental disabilities, chronic health conditions or recovering from illness or surgery. Synergy... Read More »
Behind the Deal: Agenda Health Advises on Clear Path Home Care Sale to Avenues Home Care
Healthcare-focused M&A advisory firm Agenda Health announced that it has facilitated the sale of Clear Path Home Care to Avenues Home Care, a portfolio company of Capital Alignment Partners. The transaction was announced at the end of 2024. It marks a strategic expansion for Avenues, adding six new locations in Texas and broadening its reach to 14 locations across Texas, Tennessee and Georgia. The LevinPro HC team spoke with Alex Veach, Director of Transaction Services at Agenda Health, about the firm’s role in the deal and the broader trends shaping the home care M&A landscape. Based in Denton, Texas, Clear Path Home Care is a family owned company dedicated to providing... Read More »
Regis Healthcare Doubles Home-Care Revenue Through BodeWell Community Care Deal
Australian aged care operator Regis Healthcare announced on January 6 that it is poised to double its home care business after securing a deal to acquire in-home support provider BodeWell Community Care. Based in Moorabbin, Australia, BodeWell Community Care provides in-home community care and services as part of the Commonwealth Home Support Program and National Disability Insurance Scheme. The company provides its services in Victoria and Queensland. Regis Healthcare provides services to 9,000 older Australians through residential aged care homes, home care service hubs, day therapy and day respite centers and retirement villages. The purchase price has not been... Read More »
Top 5 Home Health & Hospice Deals of 2024
The Home Health & Hospice (HH&H) market has experienced a significant number of tailwinds in the past few years, such as aging demographics, a focus on expanding more cost-effective care settings, and favorable reimbursement trends. This environment has kept the HH&H healthy, often hovering around 100 per deals annually. Based on preliminary results, there were 92 transactions announced in the HH&H in 2024, compared with 99 in 2023 and 114 in 2022. As we close out the year, we wanted to provide the top five HH&H deals of 2024. Owens & Minor, Inc., a healthcare supply chain management company, acquired Rotech Healthcare for $1.36 billion, or 1.8x Rotech’s... Read More »Schedule a demo
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