M&A Deal Summary

HouseWorks Acquires Amedisys’ Personal Care Division

On February 15, 2023, HouseWorks acquired healthcare services company Amedisys’ Personal Care Division from Amedisys

Acquisition Highlights
  • This is HouseWorks’ 3rd transaction in the Healthcare Services sector.
  • This is HouseWorks’ 5th transaction in the United States.
  • This is HouseWorks’ 1st transaction in Louisiana.

M&A Deal Summary

Date 2023-02-15
Target Amedisys’ Personal Care Division
Sector Healthcare Services
Buyer(s) HouseWorks
Sellers(s) Amedisys
Deal Type Divestiture

Target

Amedisys’ Personal Care Division

Baton Rouge, Louisiana, United States
Amedisys’ Personal Care Division offers a wide range of home care services, from home health aides and companionship to household chores and respite care for families.­ Also called private duty care, home care is available to anyone who needs help at home. it provides care for people with a wide variety of needs, including senior home care, disability care, rehabilitative care, dementia care, mental health care, dialysis care, and family caregivers.

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Buyer(S) 1

Buyer

HouseWorks

Newton, Massachusetts, United States

Category Company
Founded 1998
Sector Consumer Services
DESCRIPTION

HouseWorks is a private-pay home care company dedicated to helping seniors live independently. The company operates with an innovative, customer-driven approach to service delivery that returns a sense of control to adult children and their parents. HouseWorks was formed in 1998 and is based in Newton, Massachusetts.


DEAL STATS #
Overall 5 of 7
Sector (Healthcare Services) 3 of 3
Type (Divestiture) 1 of 3
State (Louisiana) 1 of 1
Country (United States) 5 of 7
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-10 Greater Boston Home Health Care Services

Norwood, Massachusetts, United States

Greater Boston Home Health Care Services is a home health care agency that provides homemaker, companion, home health aide, and personal care services. The company's private pay home care services offer customized support, from two hours a day to round-the-clock care based on each client’s unique needs. It works closely with the state’s regional healthcare agencies to help thousands of seniors in greater Boston, south of Boston, the North Shore, Central Massachusetts, Fall River, and across Cape Cod and Martha’s Vineyard continue to live comfortably and safely in their homes. Greater Boston Home Health Care Services is based in Norwood, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-29 Companion & Homemakers

Enfield, Connecticut, United States

Companion & Homemakers offers dedicated caregivers to provide support, companionship, and a helping hand, ensuring a safe and comfortable environment for you or a loved one. The company offers friendly companionship, engages in meaningful conversations, and assist with non-medical tasks. Companion & Homemakers is based in Enfield, Connecticut.

Buy -

Seller(S) 1

SELLER

Amedisys

Baton Rouge, Louisiana, United States

Category Company
Founded 1982
Sector Healthcare Services
Revenue 2.2B USD (2022)
DESCRIPTION
Amedisys' corporate headquarters in Baton Rouge, Louisiana.
Amedisys' corporate headquarters in Baton Rouge, Louisiana.

Amedisys is a healthcare-at-home company delivering personalized home health, hospice, and high-acuity care services. The company is focused on delivering the care that is best for its patients, whether that is inpatient hospital, palliative, and skilled nursing facility (“SNF”) care in their homes; home-based recovery and rehabilitation after an operation or injury; care focused on empowering them to manage a chronic disease; or hospice care at the end of life. Amedisys was founded in 1982 and is based in Baton Rouge, Louisiana.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-02 Evolution Health

Dallas, Texas, United States

Evolution Health is a home health company that offers traditional home health services reimbursed by Medicare, Medicaid, and commercial payers including skilled nursing, occupational, physical, and speech therapy, counseling, and emotional support. Evolution Health’s highest priority is to provide quality, compassionate care to its patients, their families, and the communities in which they serve. Evolution Health is based in Dallas, Texas.

Buy -