Private equity firm Wellspring Capital Management has reached a deal to acquire Caring Brands International, the parent company of Sunrise, Florida-based Interim HealthCare, reports Home Health Care News.
The deal is yet another example of PE players becoming more involved in the home-based care space, especially when it comes to home care franchise organizations. There have been four major home care franchisers acquired in 2021, with PE buyers driving three of those transactions. Read more.