TEAM Services Group Alpine Investors Acquires AmeriBest Home Care

Buyer: TEAM Services Group Alpine Investors
Seller: AmeriBest Home Care
Date / Year: October 22, 2019
Sector: Home Health, In Home Care

SAN FRANCISCO, CA – TEAM Services Group (“TEAM”), an Alpine Investors backed portfolio company, has partnered with AmeriBest Home Care, Inc. (“AmeriBest”), a market-leading home care agency that provides home and community-based services in the greater Philadelphia region. AmeriBest’s mission centers around patient advocacy and provides personal care attendant services to over 1,000 clients. It operates under Pennsylvania’s managed Medicaid program.

TEAM continues to actively seek add-ons of self-directed home care providers. AmeriBest will continue to operate under its current brand name within TEAM Public Choices (“TPC”), a division of TEAM that serves clients through Medicaid and other state-sponsored disability programs. Omar Khanataev will remain as AmeriBest’s CEO.

Both AmeriBest and TPC are committed to providing high-quality patient and caregiver services to seniors and people with disabilities in the comfort of their own homes and focus on providing care that empowers individuals and families to work with whom they want.

What does this transaction mean for the strategic options for your healthcare business?

Contact Paragon Ventures for more information.  www.paragonventures.com  800-719-1555

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