Oaks Senior Living, LLC and CaraVita Senior Care Management Announce Strategic Joint Venture to Create a Continuum of Care through In-Home Services and Senior Living
ATLANTA, GA, November 12, 2020 /24-7PressRelease/ — Oaks Senior Living is family operated and has been successfully serving seniors in Georgia since 1998. Their current portfolio consists of ten assisted living and memory care communities throughout the state of Georgia and three additional communities are scheduled to open over the next two years. The company’s mission is to provide an environment where people are valued and appreciated, honoring personal choice, and providing a sense of purpose while enabling meaningful relationships.
“We are excited to team up with CaraVita Senior Care Management and provide a continuum of quality care in Georgia and throughout the Southeast. Our passion for serving elders and commitment to person-centered care have been aligned since inception. With this joint venture, we are poised to meet the current market’s desire from in-home care to a community setting.” ~Alex Salabarria – Founder & CEO of Oaks Senior Living
CaraVita was founded in 1998 by Beth Cayce devoting her skills and that of a seasoned multidisciplinary team of nurses, social workers and therapists to train and guide in home care givers to provide compassionate care and support that ensures vitality and engagement in their community. The family owned business has provided in home care to over 20,000 families. The CaraVita Team prides itself on helping families navigate the transition from health care settings and assisting those who have loved ones with dementia and chronic illness age gracefully.
“To be able to operate with another faith and family-based business, allows us to leverage what we do well with a partner who shares our mission, vision, and goals.” ~Beth Cayce – Founder & CEO of CaraVita
The M&A market for healthcare companies continues to strengthen in 2020 and as we approach 2021. There is unprecedented capital in market, the lowest interest rates in US history and strong acquirer motivations for high quality healthcare companies. Across the continuum of care, buyers and investors are looking for well established, profitable businesses and offering strong valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
www.paragonventures.com
800-719-1555
