dallas, October 18, 2023 /PRNewswire/ — Heavencrest Capital Management (“Heavencrest”); dallas-based healthcare private equity firm is pleased to announce its second acquisition under its Avid Health at Home (“Avid”) platform: Well Care Home Care (“WCHC”), a home care division. north carolinaBased WellCare Health.
As one of the state’s leading providers of patient-centered home care, WCHC has offices in five cities and 23 counties and is led by a team of talented professionals. WCHC serves as Avid’s flagship business. north carolina Market grows as Avid aims to expand further in the Southeast America.
“We are very excited about Avid’s continued growth.” Christopher W. Carsey, MD, MBA, Founding Managing Partner of Havencrest. “Through our partnership with WCHC, Avid will be able to offer an innovative approach to care in new communities,” said Dr. Carthy.
According to the CEO Jen Lentz“WCHC, with its strong reputation for exceptional care, is a natural fit for the Avid platform, and we are eager to continue to serve our community and patients.” north carolina We provide personalized and timely service. ”
About AVID HEALTH AT HOME
Avid is a non-medical home care platform headquartered in . Chicago, Illinois. Avid is committed to providing quality care to people of all ages through partnerships with successful owner-operators in specific geographic markets. Avid’s goal is to expand access to home care while reducing costs by providing value-based care and leveraging innovative technology.
Avid is actively pursuing new acquisition opportunities in home health care throughout the Midwest, Mid-Atlantic, Southeast, and Mountain West regions. For more information about Avid, please visit: www.avidhealthathome.com.
About Heavencrest Capital Management
dallasBased in , Havencrest Capital Management is an investment manager of private equity funds focused on healthcare. 600 million dollars Total assets under management (AUM). Havencrest is comprised of a leading team of investment professionals, operating partners, and senior advisors, including many of the nation’s leading healthcare entrepreneurs, business executives, and public policy experts.
Our unique approach of partnering with founder-owned healthcare companies results in EBITDA 3 million dollars – More than $15 million, the Havencrest team has a proven track record of success in building leading companies that change the way healthcare is delivered in America. For more information about Heavencrest, please visit: www.havencrest.com.
contact:
tom luan
Heavencrest Capital Management
[email protected]
SOURCE Havencrest Capital Management LLC
