Viemed Healthcare Acquires Lehan Drugs for $26 Million 

Viemed Healthcare Acquires Lehan Drugs for $26 Million 

Viemed Healthcare, Inc. announced on May 6 that it entered into an agreement to acquire Lehan Drugs, Inc. Lehan is being acquired for a base purchase price of $26 million, subject to customary net working capital adjustments and an estimated $2.2 million of contingent payments.   Lehan Drugs is a provider of durable medical equipment with six locations: five in Illinois and one in Wisconsin. Its products include sleep apnea machines, mobility aides and breast pumps. According to the original deal press release from May 6, 2025, Lehan generated net revenues of approximately $25.7 million and Adjusted EBITDA of approximately $7.4 million in 2024.  Viemed Healthcare is a... Read More »
Deal of the Week: HomeCentris Healthcare Announces Acquisition of Family First Home Healthcare

Deal of the Week: HomeCentris Healthcare Announces Acquisition of Family First Home Healthcare

HomeCentris Healthcare, LLC announced that it has completed the acquisition of Family First Home Healthcare. The acquisition closed on April 3, 2025, and HomeCentris has begun integrating Family First’s staff and operations into its network of regional care providers. Family First Home Healthcare is a home care agency serving clients in Philadelphia, Pennsylvania. Family First provides non-medical personal care services to Medicaid and private pay clients. Founded in 2000, HomeCentris Healthcare is an independent home and community-based care organization headquartered in Owings Mills, Maryland. The company provides its services to private pay clients, Medicaid waiver clients,... Read More »
Deal of the Week: HomeCentris Healthcare Announces Acquisition of Family First Home Healthcare

Waud Capital Partners Adds MedTec Healthcare to Newly Formed Altocare

Waud Capital Partners has announced the acquisition of MedTec Healthcare, a provider of in-home care and adult day services. This acquisition represents a significant milestone in Waud Capital’s strategy to build a platform in home-based care services through its newly formed holding company, Altocare. MedTec Healthcare provides culturally and linguistically tailored in-home care services designed to help clients maintain their independence. The company also operates adult day centers offering transportation, meals and engaging activities for seniors. Waud Capital Partners is a private equity firm that partners with management teams to acquire or create platforms in the lower middle... Read More »
PE-Backed Avid Health at Home Acquires 2 Home Care Providers

PE-Backed Avid Health at Home Acquires 2 Home Care Providers

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... Read More »
PE-Backed Avid Health at Home Acquires 2 Home Care Providers

LiveWell Partners Acquires Empower Home Health Services

LiveWell Partners announced that it has finalized its acquisition of Empower Home Health Services. The acquisition allows LiveWell to enter the Chicago area, a new market for the company. Financial terms of the deal were not disclosed. Founded in 2005, Empower Home Health Services is a privately owned home health company that operates in nine counties in the Chicago MSA. The company is headquartered in West Dundee, Illinois. LiveWell Partners is a home health and hospice provider headquartered in St. Louis, Missouri. The company currently operates in Illinois, Kansas, Michigan, Missouri and Ohio. “We are thrilled to welcome our new teammates in the Chicago area to the LiveWell family,”... Read More »
Deal of the Week: HomeCentris Healthcare Announces Acquisition of Family First Home Healthcare

Five Good Friends Secures TPG as Strategic Growth Investor

Five Good Friends has announced a strategic investment from global alternative asset management firm TPG to fund its continued growth in the home care sector. Under the terms of the agreement, TPG will acquire a majority interest in Five Good Friends alongside co-founders Simon Lockyer and Nathan Betteridge, who will retain significant interests in Five Good Friends and continue in their leadership roles. Global investment organization EQT will retain a minority stake. Financial terms of the deal were not disclosed. Founded in 2016, Five Good Friends is a technology-enabled data driven home care provider providing services to older Australians and people living with a disability. Five Good... Read More »