M&A Deal Summary

Investors Management and Apogem Capital Acquire Right at Home

On August 24, 2016, private equity firm Investors Management and asset manager Apogem Capital acquired consumer services company Right at Home

Acquisition Highlights
  • This is Investors Management’s 1st and Apogem Capital’s 1st transaction in the Consumer Services sector.
  • This is Investors Management’s 1st and Apogem Capital’s 53rd transaction in the United States.
  • This is Investors Management’s 1st and Apogem Capital’s 1st transaction in Nebraska.

M&A Deal Summary

Date 2016-08-24
Target Right at Home
Sector Consumer Services
Buyer(s) Investors Management
Apogem Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) The McLean Group (Financial)

Target

Right at Home

Omaha, Nebraska, United States
website
Right at Home, Inc. is a franchise platform in the in-home senior care industry offering a broad range of services and ancillary programs that provide a continuum of care for seniors. The company is one of the largest franchise platforms in the sector consisting of three wholly owned subsidiaries including Right at Home, Right at Home International, and IKOR that serve more than 500 territories globally.

Search 193,804 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

DESCRIPTION

Investors Management Corp. is a closely held, long-term owner of a family of companies. Investors Management Corp. was established in 1971 and is headquartered in Raleigh, North Carolina.


DEAL STATS #
Overall 1 of 2
Sector (Consumer Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Nebraska) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-10 Independent Doctors of Optometric Care

Norwalk, Connecticut, United States

Independent Doctors of Optometric Care is an alliance of independent optometrists throughout the U.S. IDOC includes practices representing more than 1,400 optometrist members across the United States. The company has more than 65 partner vendors and provides group purchasing services, marketing, and continuing-education offerings to its members.

Buy -
Buyer

Apogem Capital

Chicago, Illinois, United States

website


Category Asset Manager
Founded 2001
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apogem Capital is a diversified alternative investment manager and subsidiary of insurance provider, New York Life. Apogem manages a variety of investment strategies including private equity, private credit, and real assets. Within private equity, the Firm looks to make fund, direct, and secondary investments, as well as acquire GP stakes. Within its direct investing activity, Apogem targets mid-sized companies valued up to $250 million and will consider businesses throughout North America and Europe. Apogem Capital formed as the result of New York Life combining PA Capital, Madison Capital Funding, and Goldpoint Partners into one entity. Apogem Capital is based in New York City.


DEAL STATS #
Overall 53 of 69
Sector (Consumer Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 19 of 22
State (Nebraska) 1 of 2
Country (United States) 53 of 69
Year (2016) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Cape Electrical Supply

Cape Girardeau, Missouri, United States

Cape Electrical Supply is a distributor of electrical and communications products to commercial, industrial, residential, institutional, and utility customers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-29 T2 Systems

Indianapolis, Indiana, United States

T2 Systems is a provider of unified SaaS (Software as a Service) parking management solutions. T2 Systems's comprehensive portfolio of services includes solutions that help organizations manage parking permits, citations, gated parking facilities, and special events. T2 Systems was established in 1994 and is based in Indianapolis, Indiana.

Buy -