Havencrest Capital Management Expands Avid Health at Home with New Acquisitions

Havencrest Capital Management, a well-known private equity firm based in Dallas, has recently made waves in the healthcare sector with the announcement of two additional acquisitions for its Avid Health at Home platform. This move marks a significant step in Havencrest's ongoing mission to reshape the landscape of home care services in the U.S.

In total, Avid Health at Home has now completed its sixth and seventh acquisitions, adding Home Care Angels (HCA) and Private Duty Home Healthcare (PDHH) to its portfolio. HCA, recognized as a premier provider of at-home personal care services in Illinois, is anticipated to be a key contributor to Avid's expanding network in the Chicago area. This addition is believed to strategically enhance Avid's service delivery capabilities in a vital market.

Moreover, PDHH, a Michigan-based organization specializing in personal care services and private duty nursing, signifies Avid's first foray into Michigan. The addition of PDHH expands Avid's geographical reach across the Midwest, demonstrating the company's commitment to meeting the increasing demand for quality home care services.

Commenting on these acquisitions, Dr. Christopher W. Kersey, M.D., M.B.A., Founding Managing Partner of Havencrest, expressed enthusiasm about the continued growth of the Avid platform. He emphasized the firm’s dedication to responding to the rising demand for home care services across the nation. Dr. Kersey noted, "The Avid team continues to identify and partner with high-quality organizations in its core geographies."

Avid Health at Home's CEO, Jen Lentz, reinforced this sentiment by highlighting the organization’s focus on delivering person-centered care. She stated, "As we continue to expand, our focus remains on delivering person-centered care that empowers clients to live safely and independently at home. We are proud to welcome the clients and dedicated staff of HCA and PDHH into the Avid family.”

The Vision Behind Avid Health at Home

Avid Health at Home positions itself as a comprehensive multi-state home care provider, catering to individuals of various ages who may be frail, disabled, or in need of support. The agency's commitment to providing affordable, high-quality home care services aligns with its goal of increasing access to essential health care services in both emerging and established markets.

Utilizing cutting-edge technology, Avid Health at Home enhances caregiver communication, thereby improving overall health outcomes for clients. This tech-savvy approach is pivotal in today’s healthcare landscape, where efficient communication is vital for successful care management.

About Havencrest Capital Management

Havencrest Capital Management specializes in healthcare-focused private equity investments and manages over $600 million in assets. The firm prides itself on a unique business model that partners with founder-owned healthcare companies that boast an EBITDA ranging from $3 million to $15 million. The firm is known for its effective strategies aimed at building prominent companies that innovate healthcare delivery in America.

The quality of its investment professionals, operating partners, and senior advisors is indicative of Havencrest’s commitment to excellence, reflecting a team composed of leading healthcare entrepreneurs and policy experts.

Conclusion

The recent acquisitions of HCA and PDHH signify a pivotal moment for Avid Health at Home and demonstrate Havencrest’s strategic vision for expanding quality home care services throughout the Midwest. As the demand for home healthcare continues to grow, the company is well-positioned to lead the industry, fulfilling the needs of those seeking personalized, reliable care within the comfort of their homes. For those interested in more information regarding Avid Health at Home, visit Avid Health at Home.

For further insights into Havencrest Capital Management, please visit Havencrest.