Twitter LinkedIn
    Friday, February 3
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Mergers and acquisitions»LLCP’s Caring Brands International acquires Interim Healthcare
    Mergers and acquisitions

    LLCP’s Caring Brands International acquires Interim Healthcare

    January 24, 2021Updated:January 24, 20212 Mins Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Caring Brands International (CBI), a portfolio company of Levine Leichtman Capital Partners (LLCP), has completed the acquisition of its Interim HealthCare home health and hospice franchises in San Diego.

    The addition of the San Diego Franchise expands CBI’s branch footprint and marks the first acquisition within the Interim HealthCare network domestically.

    Founded in 1966, CBI is the largest franchisor of home healthcare services globally and produces approximately USD1.1 billion of annual systemwide sales across over 550 global locations. CBI offers franchises under three brands: Interim HealthCare (United States), Bluebird Care (United Kingdom and Republic of Ireland) and Just Better Care (Australia). CBI’s branches and franchisees offer individuals a full continuum of care at home including skilled nursing, assistance with daily living activities and end-of-life hospice care.

    Jennifer Sheets, CEO and President of CBI, says: “We are delighted to add the exceptional operations of the San Diego Franchises to our branch portfolio and look forward to driving the highest level of quality and satisfaction for our patients.”

    Matthew Frankel, Managing Partner of LLCP, says: “The three recent acquisitions demonstrate our continued support of the CBI investment and reflects the Company’s significant growth potential.  We remain focused on building value for the benefit of CBI’s franchise owners, patients, employees and investors.”

    CBI is a portfolio company of Levine Leichtman Capital Partners Fund V, LP.
    Source: Private Equity Wire

     

    Image Source
    Image Source

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Acquisitions deals and transactions Mergers and acquisitions Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Carlyle targeting $1.6B for second renewables fund

    November 18, 2022

    Comments are closed.

    Other Articles

    Bregal Sagemount holds final close of Fund IV at $2.5B hard cap

    October 21, 2022

    Lonsdale makes 3x return on exit of GYG

    January 26, 2021

    CVC Capital Partners Plans $1.5 Billion Sale of AR Packaging

    March 13, 2021

    Private equity-backed carbon offset vendors Bluesource, Element to merge

    February 24, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?