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 […]

Waud Capital Backs Signify Health Veterans On New Staffing Solutions Venture

For the second time this year, Waud Capital Partners is making an investment in a home-based-care adjacent platform. On Thursday, the Chicago-based middle-market private equity firm announced it is launching Fusion Health, a new platform that will provide clinical staffing services to health care facilities, health plans and providers, including of the home health care […]

The Challenges, Opportunities That Investment Experts See In Home-Based Care

Shortly after COVID-19 entered our collective lexicon, investments began pouring into the health care industry. The warts on the U.S. health care system that COVID-19 exposed were enough for lenders, backers and buyers to continue to throw money at the companies – or even ideas – that could cover up or eradicate those warts. Home-based […]

Projecting PE Activity In Home-Based Care In 2023

Last year, home-based care M&A was up by dollar amount and down by volume. CVS Health’s (NYSE: CVS) $8 billion pending deal for Signify Health (NYSE: SGFY) and UnitedHealth Group’s (NYSE: UNH) pending deal for LHC Group Inc. (Nasdaq: LHCG) made sure of the former. While 2021 was an outlier year from an M&A perspective, […]

InTandem Capital Partners Makes Majority Investment In HouseWorks

InTandem Capital Partners LLC, a health care services-focused private equity firm, has completed a strategic equity investment in HouseWorks. Both organizations declined to reveal financial details, but did confirm that it was a majority investment. “As a growing organization, partnering with InTandem Capital allows the company to expedite our growth goals, leveraging their deep expertise […]

BrightSpring Health Services No Longer Plans To Go Public

BrightSpring Health Services – a large home- and community-based services provider – is not going through with its planned IPO, according to an S-1 filing. Backed by the PE firm KKR and Walgreens Boots Alliance (Nasdaq: WBA), the company had initially filed the paperwork for an IPO that was expected to raise close to $800 […]