M&A Deal Summary

AccentCare Acquires Southeastern Healthcare At Home

On June 28, 2021, AccentCare acquired healthcare services company Southeastern Healthcare At Home from Geneva Glen Capital

Acquisition Highlights
  • This is AccentCare’s 7th transaction in the Healthcare Services sector.
  • This is AccentCare’s 7th transaction in the United States.
  • This is AccentCare’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2021-06-28
Target Southeastern Healthcare At Home
Sector Healthcare Services
Buyer(s) AccentCare
Sellers(s) Geneva Glen Capital
Deal Type Add-on Acquisition

Target

Southeastern Healthcare At Home

Bristol, Pennsylvania, United States
website
Southeastern Healthcare At Home is an independent Medicare home health provider in Pennsylvania. Southeastern operates in 16 offices across Eastern Pennsylvania and Eastern Virginia. In addition to providing traditional home health care services, the Company offers a full suite of specialty services to address patients’ needs, including Heart Failure Disease Management, Palliative Care, Wound Care, Lymphedema, Tele-Health, Geriatric Care Management, Gero-Psychiatric, and Oncology Home Health Care programs. Southeastern Home Health Services was founded in 1987 and is based in Bristol, Pennsylvania.

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Buyer(S) 1

Buyer

AccentCare

Dallas, Texas, United States

website


Category Company
Founded 1999
Sector Healthcare Services
DESCRIPTION

AccentCare is a provider of post-acute healthcare, with partnerships and care models covering the full continuum from personal, non-medical care to skilled nursing, rehabilitation, hospice, and care management. AccentCare was founded in 1999 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 7 of 7
Sector (Healthcare Services) 7 of 7
Type (Add-on Acquisition) 7 of 7
State (Pennsylvania) 1 of 1
Country (United States) 7 of 7
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-16 Seasons Hospice & Palliative Care

Rosemont, Illinois, United States

Seasons Hospice & Palliative Care is a provider of compassionate care in 19 states through our 31 Medicare-certified programs. Seasons Hospice & Palliative Care was founded in 1997 and is based in Rosemont, Illinois.

Buy -

Seller(S) 1

SELLER

Geneva Glen Capital

Chicago, Illinois, United States

Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2008
Size Small
Type Sector Agnostic
DESCRIPTION

Geneva Glen Capital is a private equity firm that invests in lower middle-market companies. The Firm partners with management when pursuing private companies with leading market positions, significant growth potential, and stable cash flows. Target businesses are located in the US or Canada and have $2 to $20 million of EBITDA. Sectors of interest include business/consumer services, consumer products, environmental services, education, healthcare, niche manufacturing, publishing, chemicals, insurance, and value-added distribution. Geneva Glen will not invest in high technology, retail, restaurants, real estate, or early-stage companies. Geneva Glen Capital was formed in 2008 and is based in Chicago, Illinois.


DEAL STATS #
Overall 10 of 11
Sector (Healthcare Services) 3 of 3
Type (Add-on Acquisition) 7 of 8
State (Pennsylvania) 2 of 2
Country (United States) 10 of 11
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 Envision

Orem, Utah, United States

Envision provides skilled home health and hospice care services as well as palliative and specialty treatments directly to patients in their homes, independent living facilities, assisted living facilities, and skilled nursing facilities across Utah, Washington, and Colorado. The Company prides itself on providing the best service and care for patients to increase quality of life and patient independence through the principles of compassion, integrity, knowledge, and uncompromising service. Envision is based in Orem, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-01 Salon Freedom

Pennsylvania, United States

Salon Freedom is a large franchisees of Sola Salon Studios. Sola operates salon suites in the U.S. and offers independent beauty professionals the freedom and benefits of salon ownership without the risk and overhead of opening a traditional salon. Sola provides beauty professionals with fully equipped salon studios along with the support and tools they need to launch their own salon business. Salon Freedom has a proven ability to develop successful Sola franchise locations, with 37 units across Pennsylvania, Southern New Jersey, and Tennessee.

Buy -