Announced
Completed
Synopsis
Care Advantage, a leading provider of home healthcare services in the MidAtlantic and a BelHealth Investment Partners portfolio company, acquired Capital City Nurses, which provides personal care services in the home primarily to private pay patients. Financial terms were not disclosed. Tim Hanold, CEO of Care Advantage, said, “Our businesses fit together well from a cultural standpoint and both the geography and payor mix of CCN are exactly what we were looking for in a partner. We believe this acquisition positions Care Advantage for continued growth not only in our stronghold of Virginia but also in our new Mid-Atlantic geographies. I couldn’t be more excited about the future.”
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