Nautic Partners Scoops Up Home Health Provider Angels of Care

The private equity company Nautic Partners has completed one of the first PE-driven deals of 2024. Announced Tuesday, the firm is acquiring the McKinney, Texas-based Angels of Care from Varsity Healthcare Partners. “I am extremely grateful to the entire VHP team for their extensive capital, operational and strategic support, which was instrumental in enhancing the […]

Home-Based Care Provider BrightSpring Health Services Again Eyeing IPO

The home- and community-based services provider BrightSpring Health Services once again is planning to go public. Backed by the PE firm KKR, BrightSpring originally planned to raise $800 million in an IPO. In November of 2022, it ultimately decided against that course of action. Now, an IPO – this time with a goal of raising […]

‘We’re Going To Be Here For A Long Time’: Inside The Vistria Group’s Home-Focused Investment Strategy

The Vistria Group, a Chicago-based private equity firm, believes in home-based care’s value. Its investments back that up. Over the years, the company has built a diverse portfolio of home-based care assets that include home health and home care providers, vendors and a management services company. Specifically, those assets include Help at Home, Mission Healthcare, […]

The PE-Backed Avid Health at Home Has Lofty Goals From The Get-Go

The Dallas-based private equity firm Havencrest Capital Management has its home care platform. That’s Avid Health at Home, which has aggressive growth plans from the outset. The company was first unveiled in early August. It was created in conjunction with Havencrest’s acquisition of For Papa’s Sake Home Care, which is a personal home care provider […]

Contessa Co-Founder Travis Messina Takes Over as CEO of Regent Surgical Health

Travis Messina co-founded Contessa Health as a hospital-at-home startup in 2015. He served as CEO until March 2023, helping to grow the business into a higher-acuity care innovator with joint venture partnerships with some of health care’s biggest names. Messina now finds himself leading another organization. The Franklin, Tennessee-based Regent Surgical Health announced Monday that […]

What PE Firms Want Out Of Their Next Home-Based Care Targets

Private equity (PE) firms still see home-based care as an investment area filled with opportunity. That sustained interest is driven by patient preferences. But another driver is providers reaching out to – and seeking out – capital partners. Last year, 37 of the 628 health care PE transactions that took place were home health and […]

‘It’s Kind Of The Perfect Space’: Private Equity Firms Still See Massive Upside In Home Health Care

Inflation reaching multi-decade highs, uncertainty in the banking world and credit markets drying up dampened private equity health care M&A activity in 2022, especially in the second half. Many anticipate that investment slowdown to continue into 2023, but there’s a good chance the home health industry will buck that trend. Multiple PE firms, such as […]

How Staffing Shortages Are Affecting PE Dealmaking In Home Health Care

The home health care workforce shortage is restricting PE dealmaking, experts suggest. That’s especially been the case over the last year and a half, as micro and macro economic headwinds have also affected both agencies and PE firms. “When you think about it, it takes the margin on a business that was already feeling some […]