M&A Deal Summary

Care Advantage Acquires A Hopeful Home

On August 21, 2018, Care Advantage acquired healthcare services company A Hopeful Home

Acquisition Highlights
  • This is Care Advantage’s 4th transaction in the Healthcare Services sector.
  • This is Care Advantage’s 5th transaction in the United States.
  • This is Care Advantage’s 4th transaction in Virginia.

M&A Deal Summary

Date 2018-08-21
Target A Hopeful Home
Sector Healthcare Services
Buyer(s) Care Advantage
Deal Type Add-on Acquisition

Target

A Hopeful Home

Richmond, Virginia, United States
A Hopeful Home is a provider of in-home personal care services primarily for the elderly and disabled. A Hopeful Home is based Richmond, Virginia.

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Buyer(S) 1

Buyer

Care Advantage

Richmond, Virginia, United States

Category Company
Founded 1988
Sector Healthcare Services
DESCRIPTION

Care Advantage is a provider of home healthcare and related services in Virginia. The Company specializes in “one-on-one” quality nursing care in the home for both “unskilled care” and “skilled care” patients. Care Advantage was founded in 1988 and is based in Richmond, Virginia.


DEAL STATS #
Overall 5 of 8
Sector (Healthcare Services) 4 of 7
Type (Add-on Acquisition) 4 of 7
State (Virginia) 4 of 5
Country (United States) 5 of 8
Year (2018) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-21 Paradise Home Care

Las Vegas, Nevada, United States

Paradise Home Care is a provider of in-home skilled nursing services primarily to Medicare beneficiaries. Paradise Home Care is based in Las Vegas, Nevada.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-10 Direct Home Health Care

Portsmouth, Virginia, United States

Direct Home Health Care is committed to providing quality personal care. Trained and qualified staff will provide assistance in meeting your activities of daily living. We will use all resources available to give assistance and assure continuity of care is delivered. DHHC works directly with your doctors, family and nursing care facility to provide a plan of care to meet your needs.

Buy -