|American In-Home Care, LLC completes fifth acquisition in State of Florida|
Douglas Health Services, LLC of Vero Beach enhances company’s market position
February 23, 2016 – American In-Home Care, LLC (“AIHC”) has completed the acquisition of Douglas Health Services, LLC (“Douglas”) of Vero Beach, FL. AIHC, a Silverhawk Capital Partners (“Silverhawk”) portfolio company, has now completed five acquisitions in the State of Florida since its launch in September 2013, and can now serve over 90% of the 65+ population there.
Douglas, like AIHC, provides referral and administrative support services for clients that prefer to age in place by continuing to live in the comfort and familiarity of their own home. The companies refer comprehensively screened, credentialed, and insured independent care providers who offer companion, homemaker and personal care services on hourly and daily schedules, that are determined through assessment and consultation.By adding Douglas, a respected and well established personal care service company that was founded in and based in Vero Beach, AIHC has strengthened and expanded its presence in one of its existing markets. “Our goal in the important Vero Beach market was to find a company with a history of leadership in providing services to all the constituencies we serve,” commented Doug Hollman CEO and President of AIHC, “Douglas Health Services met all of our criteria. They are respected and trusted by their clients, by local health care and other professionals who refer our services, and by the independent care providers that deliver these essential and needed services. We are very pleased to have Douglas as part of American In-Home Care.
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 independent care providers. AIHC helps its clients reach their goal of remaining in their homes, while allowing them personal control, and the benefits of a consumer directed approach. The company’s internal processes ensure that its registered care providers 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 peace of mind when choosing a caregiver.
Learn more about American In-Home Care, LLC at www.americaninhomecare.com
About Silverhawk Capital Partners
Silverhawk Capital 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