The core of the senior-care industry is about helping families. Lane Kofoed, CEO of Assisting Hands® Home Care, and his wife, Tammy, represent this value throughout all aspects of their lives. Assisting Hands is one of the leading in-home care franchises, offering exceptional customer service and personalized care. By Nancy E. Williams
In-Home Care Leader Signals Continued Growth Amid Ownership Change.
CINCINNATI — H.H. Franchising Systems Inc. (“H.H. Franchising”), a Cincinnati-based company that operates Home Helpers® Home Care, announced today it has been acquired by RiverGlade Capital (“RiverGlade”), a Chicago-based growth-oriented private equity firm that invests solely in healthcare companies.
Previously owned by private equity firm Linsalata Capital Partners, H.H. Franchising will maintain its current leadership team, national support team and franchise system as part of the transaction. The company will also continue operations at its Cincinnati headquarters.
Home Helpers Home Care CEO and President Emma Dickison said its new partnership with RiverGlade will accelerate growth for the nationwide in-home care leader.
“Home Helpers Home Care has realized 15% compound annual growth rate over the last five years and our new partners at RiverGlade will provide experience and resources to support us to continue on that upward path and at an accelerated pace,” said Dickison. “This is an investment in Home Helpers Home Care that enables us to provide exceptional in-home care for more families and seniors across the country.”
Home Helpers Home Care operates in more than 1,000 communities across the United States. The company has more than 320 franchise territories operating in 41 states and growing.
“With its strong performance in the home care market and talented leadership team and staff, we saw an opportunity in Home Helpers Home Care in which our investment could continue to fuel growth,” said Danny Rosenberg, Managing Partner at RiverGlade. “We recognize the great company that has been built at Home Helpers Home Care and look forward to working with Emma and team.”
Home Helpers Home Care was founded in 1997 and has grown to become one of the largest franchisors of in-home senior care. Dickison joined Home Helpers Home Care in 2007 and has elevated the in-home care franchise company in her role as president and CEO. Home Helpers Home Care provides comprehensive home care services and support for individuals who choose to live independently at home.
ABOUT RIVERGLADE CAPITAL
RiverGlade Capital is a healthcare services-focused private equity firm that invests in high-quality, differentiated businesses. RiverGlade partners with companies that have demonstrated strong organic growth and where value can be accelerated through operational improvements, strategic planning, and dynamic organic and inorganic growth initiatives. For more information, visit http://www.rivergladecapital.com.
ABOUT HOME HELPERS HOME CARE
Since 1997, Home Helpers® Home Care has provided exceptional in-home care to seniors and others. With independently owned and operated offices in more than 1,000 communities across the United States, we are committed to supporting the dignity and independence of the families we serve. Learn more at HomeHelpersHomeCare.com. For franchising information, visit HomeHelpersFranchise.com.
Emmie Knox had a career as a licensed master social worker with a broad range of experience in skilled nursing facilities, hospices and crisis intervention. While she enjoyed her work, she found the freedom and flexibility of owning a business appealing, so she and husband Louis LeSassier decided to explore franchise ownership. By Nancy E. Williams
CHICAGO — According to the Census Bureau, the elderly population will double between now and 2050, with one in five Americans considered elderly. Meeting this demand with its best-in-class standards is BrightStar Care, the nation’s leading in-home care franchise. The brand’s success has been reflected this past year with numerous openings, award rankings, and promising projections for 2019.
BrightStar Care offers both medical and non-medical private duty home care services, as well as medical staffing and each BrightStar Care location employs a Registered Nurse serving as Director of Nursing who tailors unique, personalized plans of care for each client and oversees a professional care team of well-qualified, experienced caregivers. The company began franchising in 2005, and has since grown to a $400 million system with more than 330 locations across the United States and Canada.
In 2018, the company, led by Shelly Sun, signed 15 franchise agreements, and opened 14 locations across 12 states. Growth continues in 2019 with openings slated in Minnesota, Washington, Pennsylvania and more. In addition to targeted traditional growth in markets such as Houston, Nashville and Dallas-Fort Worth, BrightStar Care is targeting independent in-home care agencies that make viable candidates to convert to the BrightStar Care system.
“As the in-home care market continues to seek demand, we’re honored that our world-class services continue to be the top choice for consumers,” says Shelly Sun, CEO and Founder of BrightStar Care. “In 2019, we’re looking forward to building on our momentum by bringing more entrepreneurs to the successful BrightStar Care family as we continue to grow and innovate.”
BrightStar Care’s success was also proven by its recent award rankings, including Entrepreneur’s prestigious Franchise 500. The ninth consecutive year for BrightStar Care on the list, the brand came in at No. 184 this year. BrightStar Care also came in at No. 172 on Franchise Times’ Top 200 list. The brand also brought in the most number of awards of any home care provider in the industry from Homecare Pulse, including 23 locations earning the Leader in Excellence award, 105 locations earning the Provider of Choice award, and 102 offices earning the Employer of Choice award.
For more information on BrightStar Care and its franchising opportunities, visit www.brightstarcare.com.
About BrightStar Care
Based in Chicago, BrightStar Care is a national private duty home care and medical staffing franchise with more than 330 locations which provide medical and non-medical services to clients within their homes, as well as supplemental care staff to corporate clients. BrightStar Care franchise locations across the country employ over 2,500 registered nurses who play a unique role in overseeing the care for each individual client, a service that no other private duty home care provider offers. In addition, BrightStar Care is the only national home care franchise to receive The Joint Commission’s Enterprise Champion for Quality award every year since the award’s inception. In 2018, the company ranked No. 75 on Entrepreneur Magazine’s Franchise 500 list and was included for the fourth consecutive year on Forbes Magazine’s list of top franchise opportunities. For more information on BrightStar Care please visit www.brightstarcare.com; to find out more about BrightStar Care Franchising, visit www.franchise.brightstarcare.com.