Help at Home Grows with Two Home Care Acquisitions in Ohio and Indiana
Help at Home announced the completion of two acquisitions: Ohio-based Berkshire Homecare and Indiana-based My Care at Home. Berkshire Homecare serves the Cleveland area that includes Lorain and Cuyahoga counties and has been providing care since the early 1990s. My Care at Home is a provider of non-medical home care in Shelbyville, Indiana, serving the community since 2013. Help at Home is a leading national provider of in-home care services, delivering high-quality, relationship-based personal care and other services to help seniors and the disabled remain in their homes, the preferred setting of care. As of December 31, 2022, Help at Home operated more than 180 branch locations across 12... Read More »
St. Croix Hospice Sold to H.I.G. Capital
St. Croix Hospice now has a new owner. The Oakdale, Minnesota-based hospice provider was sold by The Vistria Group to fellow private equity firm H.I.G Capital. According to sources cited in PE Hub, the deal was valued at $580 million. St. Croix Hospice is a leading provider of hospice care across the midwestern United States, serving an area that covers six contiguous states. The Vistria Group and St. Croix Hospice partnership started in October 2017 after the private equity firm purchased a majority stake in St. Croix from Clearview Capital Fund III, LP. Vistria and St. Croix’s first acquisition came in 2019 when they purchased... Read More »Medical Staffing Companies Attract Private Investors
Labor shortages in the healthcare industry aren’t a new topic. Earlier this year, the Association of American Medical Colleges warned that the United States could lose as many as 100,000 doctors by 2025, up to one-third of those being primary care physicians. A shortage of registered nurses has been discussed since 1965, by one account. That makes the market for medical staffing companies of particular interest to investors. M&A activity in this subsector has grown in recent years, from a single deal in 2013 to eight deals in 2015. Through the end of October 2016, six deals targeting medical staffing companies are on the books. The majority of acquirers have been another staffing... Read More »Schedule a demo
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