Former Help at Home CEO Paul Mastrapa To Replace Jennifer Sheets At Interim HealthCare

Paul Mastrapa is replacing Jennifer Sheets as CEO of Interim HealthCare, the company announced Friday. Sheets had served as the president and CEO of Interim since January of 2019. She also served as the president and CEO of Caring Brands International, the parent company of Interim, the U.K.-based Bluebird Care and the Australia-based Just Better […]

Wellspring Capital Management Acquires Interim HealthCare Parent Company Caring Brands International

Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare. The deal, announced early Monday, is yet another example of PE players becoming more involved in the home-based care space, especially when it comes to home care franchise organizations. There have been […]

Business Briefs: Great Lakes Caring Switches Private Equity Owner

Great Lakes Caring Announces New Equity Partner Home care agency Great Lakes Caring Home Health and Hospice (Great Lakes Caring) has chosen a new equity partner, Blue Wolf Capital Partners LLC (Blue Wolf). Blue Wolf will be replacing the agency’s partner since 2014, Wellspring Capital Management LLC. Based in Jackson, Michigan, Great Lakes will continue to […]

Michigan Home Health Provider Partners with Private Capital Firm

New York-based Wellspring Capital Management LLC is seeing a valuable investment opportunity in Great Lakes Caring Home Health & Hospice, a Jackson, Michigan-based post-acute care services provider.   Great Lakes Caring announced Tuesday that Wellspring will be the company’s new equity partner, replacing Pouschine Cook Capital Management, which has been a partner to the home […]