Los Angeles, CA – July 11, 2023 – The acquisition of Serving Spirit Home Care (the “Company”), a leading Private Duty Home Care agency serving the Greater Philadelphia area, has been announced. Since their founding nearly 10 years ago, Serving Spirit has built a reputation of service excellence throughout their local community. The company was acquired by Pillar Health Group, a provider of Home Health, Hospice, & Home Care services with locations throughout Texas, Arizona, Oklahoma, Oregon, and Pennsylvania.
The sale of Serving Spirit shows how active healthcare acquisitions remain despite economic uncertainties.
In 2023, the M&A market for healthcare companies continues to build on STRATEGIC opportunities in the current market. 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.
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.
800-719-1555
