Add-on Acquisition • Healthcare Services

Care Team Acquires 1st Care Home Health Services

On December 14, 2022, Care Team acquired healthcare services company 1st Care Home Health Services

Acquisition Context
  • This is Care Team’s 4th transaction in the Healthcare Services sector.
  • This is Care Team’s 4th transaction in the United States.
  • This is Care Team’s 1st transaction in Indiana.

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M&A Deal Summary

Date December 14, 2022
Target 1st Care Home Health Services
Sector Healthcare Services
Buyer(s) Care Team
Deal Type Add-on Acquisition

Target Company

1st Care Home Health Services

Carmel, Indiana, United States
1st Care Home Health Services provide home health and hospice services to patients in the greater Indianapolis area and surrounding counties. 1st Care Home Health Services was founded in 2012 and is based in Carmel, Indiana.
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Buyer Overview 1

Buyer

Care Team

Flint, Michigan, United States

Category Company
Founded 2015
Sector Healthcare Services
DESCRIPTION

Care Team is a home health and hospice agencies in the Great Lakes region. The Care Team offers a full spectrum of home care services including nursing services, therapy services, and hospice care across central and eastern Michigan. Care Team was founded in 2015 and is based in Flint, Michigan.


Deal Context for Buyer #
Overall 4 of 4
Sector: Healthcare Services 4 of 4
Type: Add-on Acquisition 4 of 4
State: Indiana 1 of 1
Country: United States 4 of 4
Year: 2022 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-12 Crossroads Hospice

Tulsa, Oklahoma, United States

Crossroads Hospice is a hospice provider. Crossroads Hospice was founded in 2018 and is based in Tulsa, Oklahoma.

Buy -