Senior Helpers, one of the largest home care franchises, was sold to Altaris Capital, a private equity group, for $125 million. The purchase price represents an impressive 12.5x EBIDTA. Senior Helpers operates in 298 locations, with $244 million in annual revenue.
Combining the franchise acquisitions and venture capital investments in private pay home care amounts to almost $1 million over the last 30 months. Investors are attracted to the industry because of the relative lack of regulations and the growing demand.
Read an in-depth analysis of the private duty industry, including characteristics of companies that have been able to scale beyond $5 million in revenue.