BelHealth Investment Partners completed the sale of Care Advantage, an at-home care business serving the Mid-Atlantic, to Searchlight Capital Partners.
Founded in 1988, Care Advantage offers in-home care services to patients across Virginia, Maryland, Washington D.C., and Delaware. The company employs approximately 3,000 personal care aides, certified nursing assistants, skilled nurses and therapists that provide individuals with the care they need from the comfort of their homes.
BelHealth acquired Care Advantage in January 2017, and said over its four and a half year hold period completed twelve add-on acquisitions and quadrupled revenues. Read more.
