Buyer: CareFinders Total Care
Seller: Sovereign Home Health
Sector: home health, homecare
Care Finders Total Care Completes Acquisition of Sovereign Home Health of Connecticut
New Jersey’s Leading Home Care Company Expanding to Connecticut
HASBROUCK HEIGHTS, N.J., August 15, 2017 (Newswire.com) -Care Finders Total Care LLC (“CareFinders”), a leading home healthcare company based in New Jersey, announced that it has completed the acquisition of Sovereign Home Health of Connecticut, LLC (“Sovereign”). Based in Norwalk, Connecticut, Sovereign provides personal care and companion services to its clients in their homes and other facilities. CareFinders, based in Hasbrouck Heights, New Jersey, also provides non-skilled home care services to more than 8000 patients throughout New Jersey with 16 offices in the state.
“The completion of this transaction provides CareFinders with a great platform for growth in the state of Connecticut and creates a strong initial presence for the Company outside of New Jersey,” said Kevin Rogers, Chief Executive Officer of CareFinders. “Sovereign has grown rapidly in the counties it services and we are excited to expand its services throughout the whole state of Connecticut,” said Sanford Hausner, Co Chairman of CareFinders. “We are entering this important market with a well-respected home care provider that has created an impressive record of success.”
“This transaction is consistent with our growth strategy to expand and diversify our business through acquisitions, as well as organic growth, and is representative of the opportunities we see in other states in the Northeast and around the country,” said Linda Mintz, Co Chairman of CareFinders. “We believe the acquisition of Sovereign is the right next step in our growth trajectory to expand throughout the Northeast.”
The completion of this transaction provides CareFinders with a great platform for growth in the state of Connecticut and creates a strong initial presence for the Company outside of New Jersey.
“The Sovereign team is excited and proud to become part of this great organization,” said Syd Kain, Founder and President of Sovereign. “It is clear that the goals and values of CareFinders are consistent with those of our team, and that the already high quality of care provided to our clients will continue to increase as we transition into the CareFinders family.”
“Our mission as a Total Care company is to provide increasingly expanded state-wide coverage, superior technology, the highest standards of clinical expertise, and best-in-class trained and trusted caregivers throughout the state of Connecticut,” said Hausner.
CareFinders has been in growth mode since the current owners Linda Mintz and Sanford Hausner purchased the company in 2014. The company has completed 14 acquisitions in three and one-half years.
About Care Finders Total Care LLC
Care Finders Total Care LLC is one of the leading in-home care agencies in New Jersey providing home healthcare services to over 8,000 patients throughout the state from 16 offices. Care Finders was founded in 1995 and is licensed and accredited by the Commission on Accreditation on Home Care (CAHC). It employs over 7,500 Certified Home Health Aides and over 80 Registered Nurses and LPNs.