Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]
Waud Capital Partners
One of the biggest home-based care deals of the year thus far was Waud Capital’s acquisition of Senior Helpers. The Maryland-based franchise – which was previously owned by the health system Advocate Health – will be the foundation of Waud Capital’s home care platform moving forward. Overseeing that platform will be Steve Jakubcanin, the home-based […]
Three years after being acquired by Advocate Aurora Health, Senior Helpers has a new home. The personal care company has been sold to Waud Capital, a Chicago-based middle-market private equity firm. Senior Helpers declined to disclose the transaction purchasing price. The wheels for the acquisition began turning following Advocate Aurora’s merger with Atrium Health in […]
Most buyers in home health and personal care are signaling they’ll be more active in the M&A market this year. That’s according to a new Mertz Taggart report, which included responses from over 50 potential home-based care buyers. Nearly 80% said they planned to be more acquisitive in 2024 compared to 2023. But some of […]
The private equity firm Waud Capital has acquired the home care franchise Senior Helpers. Advocate Aurora Health acquired Senior Helpers in 2021, with the idea that the health system would “own the full continuum.” A year and a half later, however, Advocate Aurora merged with Atrium Health, forming one of the largest health systems in […]
Private equity investment remains down in health care services. But the firms active in home-based care will likely have a major impact on the industry in the near future. The decisions those firms make – while entering or exiting – will have a lasting impact. In the second quarter, there were 164 PE deals across […]
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 […]
Waud Capital Partners has partnered with former Cornerstone Healthcare Group CEO Steve Jakubcanin. The aim of the partnership is to grow a business in the broader home care and post-acute services market. Waud Capital plans to inject more than $100 million of equity capital to support the venture. “Waud Capital’s executive partnership approach, dedicated ecosystem […]