Healthcare Services 2022 Year in Review: Home Health & Home Care

2022 was quite the year in the home health and home care market. 

After an extremely active 2021, the home health and home care industry still notched one of the best years for mergers and acquisitions on record. 

While activity was dominated by larger providers consolidating the continuum of care and private equity firms rolling up smaller agencies, it was a year of frenetic activity for privately held businesses too. 

Our 2022 Year in Review report chronicles the top trends and deals in the home-based care market while also providing a Fireside Chat with Melvyn Peters of DAK and Angelo Spinola, who leads the Polsinelli Law Firm’s home care, home health, and hospice practice, where they discuss key staffing and diligence trends alongside the pitfalls first time sellers make.

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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.

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