M&A Deal Summary

TEAM Services Group Acquires 24 Hour Home Care

On October 14, 2021, TEAM Services Group acquired healthcare services company 24 Hour Home Care

Acquisition Highlights
  • This is TEAM Services Group’s 2nd transaction in the Healthcare Services sector.
  • This is TEAM Services Group’s 3rd transaction in the United States.
  • This is TEAM Services Group’s 1st transaction in California.

M&A Deal Summary

Date 2021-10-14
Target 24 Hour Home Care
Sector Healthcare Services
Buyer(s) TEAM Services Group
Deal Type Add-on Acquisition

Target

24 Hour Home Care

El Segundo, California, United States
24 Hour Home Care is an in-home care company that provides friendly and reliable home care services to seniors and children with disabilities. 24 Hour Home Care was founded in 2008 and is based in Carlsbad, California.

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Buyer(S) 1

Buyer

TEAM Services Group

San Diego, California, United States

Category Company
Sector Consumer Services
DESCRIPTION

TEAM Services Group provides household employment and home care solutions through its family of companies across the United States. TEAM believes in the value of self-direction – allowing individuals and families to work with who they want in their homes – and therefore aim to facilitate choice and independence, delivered with the highest standards of quality and security. TEAM Services Group is based in San Diego, California.


DEAL STATS #
Overall 3 of 3
Sector (Healthcare Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (California) 1 of 1
Country (United States) 3 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-20 Ameribest

Philadelphia, Pennsylvania, United States

Ameribest is a provider of home health and personal care services including light household duties, meal preparation, hygiene, exercise, cleaning, and errands. Ameribest is based in Philadelphia, Pennsylvania.

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