PE Firm Havencrest Forms Avid Health at Home

In connection with its acquisition of For Papa’s Sake Home Care, Havencrest Capital Management has formed its own home care platform.

The new company will be known as Avid Health at Home and Havencrest Operating Partner Jen Lentz will be the CEO, Home Health Care News reports.

Based in Dallas, Havencrest is a health care-focused private equity fund with about $600 million of assets under management. The company’s strategic approach is to partner with founder-owned health care companies with EBITDA between $3 million and $15 million. Read more.

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