Havencrest's Avid Health Expands Its Reach with New North Carolina Acquisition

Havencrest's Avid Health at Home Grows with New Acquisition in North Carolina

Havencrest Capital Management, a private equity firm based in Dallas, is thrilled to announce its fifth acquisition under the Avid Health at Home platform. They've recently added Sandhills Home Care, a North Carolina-based provider of home care services, to their roster. This expansion highlights Avid's commitment to enhancing its presence in the home care market across the state.

About Sandhills Home Care

Sandhills Home Care operates within a significant reach, providing essential home care services across 14 counties in North Carolina. With offices situated in Pembroke, Rockingham, and Wilmington, the company is well-placed to cater to a diverse clientele in the region. This acquisition signifies Avid's second move into the North Carolina market, following the successful integration of another local provider, thus solidifying their foothold in this vital area of health services.

Strategic Growth in Home Care Services

Christopher W. Kersey, M.D., M.B.A., who serves as the Founding Managing Partner of Havencrest, emphasized the importance of this acquisition. He stated, “The continued growth of the Avid platform is critical to meeting the rising demand for home care services nationwide.” The Avid team is focused on identifying and forging partnerships with high-quality organizations within their core service areas, ensuring they can respond effectively to the increasing needs in the healthcare sector.

Avid Health at Home is dedicated to addressing the needs of individuals who are frail, disabled, or require assistance. The organization's mission is to afford high-quality home care services to all individuals, regardless of age, at accessible prices. Leveraging technology to enhance caregiver communication and streamline processes aids in improving overall health outcomes for their clients.

A Welcoming Addition

Jen Lentz, the CEO of Avid Health, expressed enthusiasm over the acquisition of Sandhills Home Care. She noted, “The addition of Sandhills will allow Avid to expand access to care for communities across North Carolina. We are excited to welcome Sandhills into the Avid family.” This sentiment reflects the company's vision of creating a supportive network through which high-quality care is not just a promise, but a reality for the communities they serve.

A Broader Perspective on Avid Health

Avid Health at Home operates in multiple states, constantly seeking to bridge gaps in healthcare accessibility. Their commitment to expansion is clear as they continue to grow their market presence and enhance the services they provide to individuals requiring home-based assistance. The utilization of innovative technologies plays a crucial role, allowing Avid to not only optimize caregiver interactions but also to contribute positively to health care outcomes.

About Havencrest Capital Management

Havencrest Capital Management stands out as an investment entity concentrating on healthcare-focused private equity, managing assets exceeding $600 million. Their strategic approach involves partnering with founder-led healthcare companies, particularly those that demonstrate financial performance in the EBITDA range of $3 million to over $15 million.
Havencrest has a solid track record in fostering leading organizations that are transforming healthcare delivery in the United States. For more insights on their initiatives and investment strategies, visit www.havencrest.com.

In conclusion, Avid Health at Home’s acquisition of Sandhills Home Care marks a significant step forward in ensuring vital home care services reach more communities in North Carolina. As Avid continues to grow, the focus remains on quality, accessibility, and the overall health improvement of the populations they serve.