Transaction volume for home health, home care and other in-home care businesses dipped in 2023, with inflation, higher interest rates and global unrest contributing to the downturn. Many home-based care stakeholders anticipated M&A to rebound in 2024, however, thanks to increased loan activity in January, greater buyer-seller consensus and private equity’s record-high levels of “mature” […]
The home-based care provider PurposeCare is expanding again. This time, it’s doing so through the acquisitions of three Midwestern home-based care agencies. Specifically, the Chicago-based PurposeCare is acquiring Scott’s Home Healthcare and Attentive Personal Care, both of which are located in Indiana. The company is additionally acquiring the Ohio-based Choice Nursing Care & Home Health. […]
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