|American In-Home Care, LLC completes acquisition of Advocate Home Care Services|
Company is now one of the largest independent personal care service provicers in the State of Florida
July 22, 2015 – American In-Home Care, LLC (“AIHC”) has completed the acquisition of Advocate Home Care Services (“Advocate”), of Lauderhill, FL. This represents the fourth acquisition by AIHC since its inception in September 2013. With the addition of Advocate, American In-Home Care, a Silverhawk Capital Partners (“Silverhawk”) portfolio company, is now one of the largest independent in-home care providers in Florida
Advocate’s service areas are both complimentary and expansionary for AIHC, with the Fort Lauderdale, Miami, Lake Worth, and Naples offices adding to its market coverage in South and Southwest Florida gained through the acquisition of Whitsyms Nursing Service in October 2014. The Vero Beach, Tampa, and St. Petersburg offices serve new markets for the company. Like AIHC, Advocate provides caregiver referral and administrative support services for clients that prefer to continue living in the comfort and safety of their own home. The company helps clients accomplish this goal by referring comprehensively screened, credentialed, and insured independent caregivers who provide companion, homemaker and personal care services.
“As we continue to execute against our strategy of creating a major presence in the independent living and personal care services industry, we were looking for a company that served the right markets, with the right philosophies, and the right people. Advocate more than met that criteria”, said Doug Hollman CEO and President of AIHC. “We are pleased to now be able to take our service model into new markets like Tampa Bay, and expand our coverage along the Treasure Coast to better serve clients, referral sources, and independent caregivers who value our approach that is represented by choice, affordability, and personalized service".
American In-Home Care, LLC
AIHC is a Silverhawk Capital Partners portfolio company. AIHC was formed in September 2013 to address the independent living and personal care services industry, which is growing rapidly as a result of an increase in the aging population and their desire to age in place. The company provides referral services to older adults and others needing assistance with the activities of daily living, through its registry of licensed, screened, and empathetic caregivers. AIHC helps its clients reach their goal of remaining in their homes while allowing them personal control, selection and authority over this decision. AIHC and its clients recognize the benefits of this consumer directed approach. The company’s internal processes ensure that its registered caregivers are credentialed, verified and rigorously screened. This process includes a national background check, a review of current licensing requirements, and inspection of their liability insurance, to provide the company’s clients with control, choice and peace of mind when choosing their independent caregiver.
Learn more about American In-Home Care, LLC at www.americaninhomecare.com
Reach American In-Home Care, LLC at 844-505-0002
About Silverhawk Capital Partners
Silverhawk Captial Partners is an independent investment firm established in 2005 to invest in lower middle market transactions within the Growth Industrial, Energy/Natural Resources and Business Service sectors. Silverhawk typically invests between $10 million and $50 million of equity capital in growth oriented businesses with revenues ranging from $25 million to $250 million. Silverhawk has offices in Greenwich, CT, Charlotte, NC and Overland Park, KS.
Learn more about Silverhawk at www.silverhawkcapitalpartners.com
|< Prev||Next >|