Home Health Care News June 6, 2024
Investment activity in home-based care may be picking up.
Zenyth Partners – a New York-based investment firm focused on growing health care companies from early-stage businesses into larger platforms – announced Thursday it has made an investment in LifeCare Home Health Family. Financial details around the investment were not disclosed.
Based in Irving, Texas, LifeCare is an in-home care provider that delivers home health and private-duty home care services across 10 affiliated branches. Its footprint includes locations in Texas, Florida and Nevada – with more states likely coming soon.
“We’re thrilled to partner with the Zenyth team, who we have known for over 5 years now,” Dean Alverson, CEO of LifeCare, said in a statement. “We’re proud of the success...