Acquisition represents major expansion in Florida by Silverhawk Capital Partners Portfolio Company
October 20, 2014 –American In-Home Care, LLC (“AIHC”) is pleased to announce that it has completed the acquisition of Whitsyms Nursing Registry and Whtisyms Nursing Services (“Whitsyms”), one of Florida’s largest independent in-home and personal care referral services. This acquisition represents another important milestone in the Silverhawk Capital Partners (“Silverhawk”) portfolio company’s strategy to build a significant presence in the rapidly growing independent living and personal care services industry.
Whitsyms, founded in 1996, has established a reputation for excellence and serves the East Coast of Florida from Vero Beach and Ft. Lauderdale south through Miami, and the West Coast from Marco Island and Naples north to Ft. Myers and Sarasota. Like AIHC, Whitsyms provides caregiver referral and administrative support services for clients that prefer to continue living in the comfort and safety of their own home. The company helps clients accomplish this goal by referring comprehensively screened, credentialed, and insured independent caregivers who provide companion, homemaker and personal care services.
“We are excited that the Whitsyms team will be joining forces with American In-Home Care,” commented Doug Hollman CEO and President of AIHC, “We value the knowledge and experience that we are gaining from the Whitsyms management team and its employees, including Donovan Anderson their founder and CEO.” “When I reached the decision to sell Whitsyms, I did my homework to find a company and a management team that shared our philosophies. With American In-Home Care I’m confident that we found the right match for the people that put their trust in us; our clients, our referral sources, our employees and the independent caregivers” remarked Mr. Anderson. Mr. Hollman continued, “This is our third acquisition in Florida, and American In-Home Care’s service area now reaches over 70% of the 65 plus population in the state. This acquisition is a great compliment to our base business, with very little market overlap. It also represents an important step in achieving our client service and operational efficiency goals.”
American In-Home Care, LLC
AIHC is a Silverhawk Capital Partners portfolio company. AIHC was formed in September 2013 to address the independent living and personal care services industry, which is growing rapidly as a result of an increase in the aging population and their desire to remain at home. The company provides referral services to older adults and others needing assistance with the activities of daily living, through its registry of licensed, screened, and empathetic caregivers. AIHC helps its clients reach their goal of remaining in their homes while allowing them personal control, selection and authority over this decision. AIHC and its clients recognize the benefits of this consumer directed approach. The company’s internal processes ensure that its registered caregivers are credentialed, verified and rigorously screened. This process includes behavioral testing, a national background check, a review of current licensing requirements, and inspection of their liability insurance, to provide the company’s clients with control, choice and peace of mind when choosing their independent caregiver.
Learn more about American In-Home Care, LLC at www.americaninhomecare.com
Reach American In-Home Care, LLC at 844-505-0004
About Silverhawk Capital Partners
Silverhawk Captial Partners is an independent investment firm established in 2005 to invest in lower middle market transactions within the Growth Industrial, Energy/Natural Resources and Business Service sectors. Silverhawk typically invests between $10 million and $50 million of equity capital in growth oriented businesses with revenues ranging from $25 million to $250 million. Silverhawk has offices in Greenwich, CT, Charlotte, NC and Overland Park, KS.
Learn more about Silverhawk at www.silverhawkcapitalpartners.com
Reach Silverhawk at info@silverhawkcp.com or call (203) 861-2905.
