DALLAS, April 11, 2025 /PRNewswire/ — Havencrest Capital Management (“Havencrest”), a Dallas-based healthcare private equity firm, is pleased to announce the sixth and seventh acquisitions under its Avid Health at Home (“Avid”) platform: Home Care Angels (“HCA”) and Private Duty Home Healthcare (“PDHH”).
As a leading provider of at-home personal care services in Illinois, HCA is a strategic addition to Avid’s growing Chicagoland network.
Havencrest’s Home Care Platform, Avid Health at Home, Announces Additional Acquisitions
PDHH, a Michigan-based provider of personal care services and private duty nursing, serves as Avid’s initial acquisition in Michigan as the company expands its geographical footprint throughout the Midwest.
Christopher W. Kersey, M.D., M.B.A., Founding Managing Partner of Havencrest, commented, “The continued growth of the Avid platform demonstrates our commitment to meet the rising demand for home care services nationwide. The Avid team continues to identify and partner with high-quality organizations in its core geographies.”
Avid CEO Jen Lentz remarked, “As we continue to expand, our focus remains on delivering person-centered care that empowers clients to live safely and independently at home. We are proud to welcome the clients and dedicated staff of HCA and PDHH into the Avid family.”
ABOUT AVID HEALTH AT HOME
Avid Health at Home is a multi-state home care provider serving individuals of all ages who are frail, disabled and in need of assistance. The agency continues to expand access to high-quality home care services in both new and existing markets at an affordable cost. By leveraging technology to streamline caregiver communications, Avid Health at Home can help improve health outcomes. For more information on Avid Health at Home, please visit www.avidhealthathome.com.
ABOUT HAVENCREST CAPITAL MANAGEMENT
Dallas-based Havencrest Capital Management is an investment manager of healthcare-focused private equity funds with more than $600M of assets under management (AUM). Havencrest comprises a leading team of investment professionals, operating partners and senior advisors, including many of the nation’s leading healthcare entrepreneurs, corporate executives and public policy experts.
With its unique approach to partnering with founder-owned healthcare companies with EBITDA between $3M – $15M+, the Havencrest team has a successful track record in building leading companies that are changing the way healthcare is delivered in America. For additional information about Havencrest, please visit www.havencrest.com.
Havencrest Contact:
Tom Ruane
truane@havencrest.com
Avid Contact:
Jessica Turchan
jturchan@avidhealthathome.com
SOURCE Havencrest Capital Management LLC
The M&A market for healthcare companies continues to build on STRATEGIC opportunities and a fragmented market. Consolidations along with unprecedented demand are driving scale across the continuum of care. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
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