During an acquisition process, there are obvious boxes that need to be checked on the buyer and seller sides. On the buyer side, that due diligence includes checks around financials, compliance and a whole lot of other numbers. But one factor that can fly under the radar is employee tenure. “Tenure is a very important […]
Havencrest Capital Management
In home care, the relationship between the operator and the private equity sponsor can be difficult to manage. Generally, healthy relationships – ones where there’s “give and take” – lead to growth and success. Poor relationships between those two parties, on the other hand, tend to lead to undesirable outcomes. “Private equity has a really […]
The Dallas-based private equity firm Havencrest Capital Management has its home care platform. That’s Avid Health at Home, which has aggressive growth plans from the outset. The company was first unveiled in early August. It was created in conjunction with Havencrest’s acquisition of For Papa’s Sake Home Care, which is a personal home care provider […]
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 […]
In connection with its acquisition of For Papa’s Sake Home Care (FPS), Havencrest Capital Management has formed its own home care platform. The new company will be dubbed “Avid Health at Home,” and Havencrest Operating Partner Jen Lentz will be the CEO. “We are very excited about the creation of Avid as well as our […]