Home-Based Care 2024 Mid-Year M&A Activity

Home-Based Care 2024 Mid-Year M&A Activity Update 

In the first half of 2024, the North American home-based care M&A market experienced a slower start, recording just 26 transactions. However, there is growing optimism for increased deal activity in the latter half of the year. Cooling inflationary pressures and anticipated interest rate cuts are expected to create a more favorable environment for mergers and acquisitions.
 

The market dynamics remained consistent with the trends observed at the end of 2023, with transactions evenly split between strategic and financial acquirers. Publicly traded companies like Pennant Group continued to be active, completing three acquisitions in the first half of the year.

Despite the slowdown in deal-making, buyers remain eager to deploy capital to achieve their strategic goals. Key drivers for M&A in the home-based care sector include expanding geographic market presence, increasing patient census, and diversifying services by acquiring across the care continuum.

Download your complimentary copy today!

Share the Post:

Current Posts

Scroll to Top

VCI – Emergency Vehicle Specialists recapitalized by Tightrope Capital & NewSpring Capital

VCI is the preeminent full lifecycle sales and service provider of emergency ambulance solutions to first aid squads, EMS organizations, fire departments, hospital organizations, municipalities, and private medical transport companies in the Mid-Atlantic Region. VCI was recapitalized by private equity firms Tightrope Capital Partners and NewSpring Capital.

DAK led a competitive, sell-side process for VCI, generating multiple offers from a wide range of strategic buyers and financial sponsors. By positioning the combination of VCI’s market leadership position, comprehensive services offering, strong manufacturer relationships, and robust backlog, DAK achieved an outstanding outcome for the company’s shareholders.

The acquisition provides the shareholders of VCI an opportunity to accelerate its growth strategy by expanding its core ambulance business, building out the value-added segments of conversions and remounts, implementing operational improvements, and pursuing acquisitions with the help of its new partners. Tightrope and NewSpring have an opportunity to leverage VCI’s strong management team and operating platform to build a multi-regional player in emergency ambulance solutions.

Skip to content