DALLAS, Dec. 30,
2024 /PRNewswire/ -- Havencrest Capital Management
("Havencrest"), a Dallas-based healthcare private equity firm,
is pleased to announce the fifth acquisition under its Avid Health
at Home ("Avid") platform: Sandhills Home Care ("Sandhills"), a
North Carolina-based home care
provider.
Sandhills provides at-home personal care services across 14
counties in North Carolina with
offices in Pembroke, Rockingham, and Wilmington. Sandhills represents Avid's second
acquisition in the North Carolina market, further solidifying
its presence in the region.
Christopher W. Kersey, M.D.,
M.B.A., Founding Managing Partner of Havencrest, commented, "The
continued growth of the Avid platform is critical to meeting the
rising demand for home care services nationwide. The Avid team
continues to identify and partner with high-quality organizations
in its core geographies."
Avid CEO Jen Lentz remarked, "The addition of Sandhills
will allow Avid to expand access to care for communities across
North Carolina. We are excited to
welcome Sandhills into the Avid family."
ABOUT AVID HEALTH AT HOME
Avid Health at Home is a multi-state home care provider serving
individuals of all ages who are frail, disabled and in need of
assistance. The agency continues to expand access to high-quality
home care services in both new and existing markets at an
affordable cost. By leveraging technology to streamline caregiver
communications, Avid Health at Home can help improve health
outcomes. For more information on Avid Health at Home, please visit
www.avidhealthathome.com.
ABOUT HAVENCREST CAPITAL MANAGEMENT
Dallas-based Havencrest Capital
Management is an investment manager of healthcare-focused private
equity funds with more than $600M of assets under
management (AUM). Havencrest comprises a leading team of investment
professionals, operating partners and senior advisors, including
many of the nation's leading healthcare entrepreneurs, corporate
executives and public policy experts.
With its unique approach to partnering with founder-owned
healthcare companies with EBITDA between $3M - $15M+, the
Havencrest team has a successful track record in building leading
companies that are changing the way healthcare is delivered in
America. For additional information about Havencrest, please
visit www.havencrest.com.
Contact:
Tom Ruane
Havencrest Capital Management
truane@havencrest.com
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SOURCE Havencrest Capital Management LLC
