Avid Health at Home Completes 8th Acquisition, Featured as Leading Technology-Enabled Home Care Services Platform
Havencrest Capital Management (“Havencrest”), a Dallas-based healthcare private equity firm, is pleased to announce that portfolio company Avid Health at Home (“Avid”) has completed its eighth tuck-in acquisition of Tech Medical Home Care Services (“Tech Med”).
As one of the nation’s leading providers of at-home and community-based home care services, Avid continues to expand its footprint in the Midwestern United States with its acquisition of Tech Med, which is based on Kentucky and Ohio.
Christopher W. Kersey, M.D., M.B.A., Founding Managing Partner of Havencrest, commented, “The continued growth of the Avid platform demonstrates our commitment to meet the rising demand for home care services nationwide, and we are very excited about Avid’s impressive track record in partnering with high-quality organizations that are delivering best-in-class clinical services.”
Avid CEO Jen Lentz remarked, “As we continue to expand, our focus remains on delivering person-centered care that empowers clients to live safely and independently at home. We are proud to welcome the clients and dedicated staff of Tech Med into the Avid family.”
Read the full press release here.