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New Deal


Announced

Completed

TEAM Services invests in AmeriBest.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Friendly

Single Bidder

occupational therapy

Health Care Services

Acquisition

Minority

nursing care

physical therapy

healthcare services

Private Equity

Private

Completed

Synopsis

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TEAM Services Group, a portfolio company of Alpine Investors, a leading private equity firm, invests in AmeriBest Home Care, a home and health care service provider. Financial terms were not disclosed. AmeriBest will continue to operate under its current brand name within TEAM Public Choices (TPC), a division of TEAM that serves clients through Medicaid and other state-sponsored disability programs. “We couldn’t be more excited about entering this new partnership with AmeriBest Home Care. From the start, it was clear that TEAM and AmeriBest shared similar values, including a commitment to quality in the service of their clients. We look forward to supporting them in their mission going forward.” Cullen Knights, TEAM CFO, and COO.

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