Divestiture • Consumer Services

HouseWorks Acquires Companion & Homemakers

On May 29, 2024, HouseWorks acquired consumer services company Companion & Homemakers from AccordCare

Acquisition Context
  • This is HouseWorks’ 4th transaction in the Consumer Services sector.
  • This is HouseWorks’ 7th transaction in the United States.
  • This is HouseWorks’ 2nd transaction in Connecticut.

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M&A Deal Summary

Date May 29, 2024
Target Companion & Homemakers
Sector Consumer Services
Buyer(s) HouseWorks
Sellers(s) AccordCare
Deal Type Divestiture

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 7 of 7
Sector: Consumer Services 4 of 4
Type: Divestiture 3 of 3
State: Connecticut 2 of 2
Country: United States 7 of 7
Year: 2024 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-29 Companions Forever

Newington, Connecticut, United States

Companions Forever 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, engage in meaningful conversations, and assist with various non-medical tasks. Companions Forever is based in Newington, Connecticut.

Buy -

Seller Profile 1

SELLER

AccordCare

Marietta, Georgia, United States

Category Company
Founded 2001
Sector Healthcare Services
DESCRIPTION

AccordCare is a provider of home care services to clients with catastrophic and complex injuries. AccordCare was founded in 2001 and is based in Marietta, Georgia.


Deal Context for Seller #
Overall 2 of 2
Sector: Consumer Services 2 of 2
Type: Divestiture 2 of 2
State: Connecticut 2 of 2
Country: United States 2 of 2
Year: 2024 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-29 Companions Forever

Newington, Connecticut, United States

Companions Forever 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, engage in meaningful conversations, and assist with various non-medical tasks. Companions Forever is based in Newington, Connecticut.

Sell -