M&A Deal Summary

24 Hour Home Care Acquires GrandCare Health Services - Caregiving Division

On September 15, 2021, 24 Hour Home Care acquired healthcare services company GrandCare Health Services - Caregiving Division from GrandCare Health Services

Acquisition Highlights
  • This is 24 Hour Home Care’s 1st transaction in the Healthcare Services sector.
  • This is 24 Hour Home Care’s 1st transaction in the United States.
  • This is 24 Hour Home Care’s 1st transaction in California.

M&A Deal Summary

Date 2021-09-15
Target GrandCare Health Services - Caregiving Division
Sector Healthcare Services
Buyer(s) 24 Hour Home Care
Sellers(s) GrandCare Health Services
Deal Type Divestiture

Target

GrandCare Health Services - Caregiving Division

Pasadena, California, United States
GrandCare Health Services' Caregiving Division is a provider of healthcare services.

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Buyer(S) 1

Buyer

24 Hour Home Care

El Segundo, California, United States

website


Category Company
Founded 2008
Sector Healthcare Services
DESCRIPTION

24 Hour Home Care is an in-home care company that provides friendly and reliable home care services to seniors and children with disabilities. 24 Hour Home Care was founded in 2008 and is based in Carlsbad, California.


DEAL STATS #
Overall 1 of 4
Sector (Healthcare Services) 1 of 3
Type (Divestiture) 1 of 1
State (California) 1 of 3
Country (United States) 1 of 4
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-17 Bright Moon Care Services

Westlake Village, California, United States

Bright Moon Care Services is an operator of a home care agency that specializes in high-quality personal care for seniors. Bright Moon Care Services is based in Westlake Village, California.

Buy -

Seller(S) 1

SELLER

GrandCare Health Services

Pasadena, California, United States

website


Category Company
Founded 2003
Sector Healthcare Services
DESCRIPTION

GrandCare Health Services is a 5-star provider of in-home medical care, specializing in post-surgical orthopedic rehabilitation. GrandCare has been a trusted provider for patients, bundles, and orthopedic surgeons in the Southern California region. GrandCare Health Services was founded in 2003 and is based in Pasadena, California.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1