Private equity (PE) interest in health care spiked last year — with in-home care and hospice deals among the 10 largest in terms of dollars. Overall, there were at least 715 PE deals that closed by the middle of December, according to PitchBook, which provides data and other insights on the private market through a […]
Category: Private Equity
Under Julie Smith’s leadership, Homewatch CareGivers has transformed from being a family owned home care franchisor to being backed by private equity — but that only tells part of the story. The company — which encompasses more than 190 locations — was acquired by Authority Brands, a portfolio company of PNC Riverarch Capital, in 2017, […]
Home care startups have been bringing in serious capital in recent years, both in the United States and abroad. India in particular has been a hot market, and a closer look reveals that while the country is different from the U.S. in some key regards, some of the same factors–including demographics, industry fragmentation and mobile […]
Epic Health Services, the nation’s largest pediatric-focused home care company, is merging with PSA Healthcare to achieve even greater scale. The new entity will be an affiliate of Bain Capital Private Equity, which acquired Epic in late 2016. Epic, based in Dallas, also provides adult home care. Its footprint prior to the PSA merger spanned […]
This week, we were over the moon that our beloved Cubbies made it to the World Series. Even with a team of Cubs superfans in our Chicago office, we were sure to bring our readers the latest home health and home care news. Readers were interested in the announcement that one of the largest home […]
Private equity firm Webster Capital is considering a sale of Epic Health Services, a national home health care services and pediatric skilled nursing company, The Wall Street Journal reported. The health care services provider, which is the nation’s largest pediatric focused home care company, could be valued as high as $1 billion, WSJ reported. Based […]
As one of the fastest-growing sectors in the United States, home health care is teeming with activity — from acquisitions and partnerships to new leadership appointments and promotions. Here’s the latest news buzzing around the industry: Private Equity Firm Acquires Home Care Provider J.H. Whitney Capital Partners, LLC, a middle-market private equity firm, announced recently […]
The ongoing purchase offers and subsequent rejections between Kindred Healthcare, Inc. (NYSE:KND) and Gentiva Health Services, Inc. (NASDAQ:GTIV) has invited a new player into the mix, one that analysts assume is likely a private equity suitor for the latter home health giant. Monday, Kindred solicited its newest proposal to Gentiva in response to the company’s […]
Home health care is listed among the top areas for private equity investment in 2014 in a Beckers Hospital Review article on trends for 19 niche investment areas in the health care space. “While the overall volume of transactions in 2013 declined from 2012, there was significant growth in certain sub sectors of healthcare,” says […]