BOSTON, May 29, 2024 (GLOBE NEWSWIRE) — HouseWorks Holdings, LLC (the “Company”), a leading personal care services platform serving the Northeast, announces the acquisition of the Connecticut personal care division (brands Companions and Homemakers, LLC. and Companions Forever, LLC.) from AccordCare, a national provider of certified home care and home health care. With this acquisition, HouseWorks enters Connecticut, significantly enhancing the company’s geographic presence while providing exciting opportunities for future growth. Most importantly, it will allow Medicaid customers and dual-eligible customers to access HouseWorks’ BetterCare at Home.TM model.
“Welcoming the Companions, Homemakers and Companions Forever teams to HouseWorks is incredibly exciting,” said Mike Trigilio, CEO of HouseWorks. “The opportunity to add to our company the deeply talented and experienced team members of both Connecticut brands and their market-leading reputations gives us confidence that we will continue to change the way healthcare is provided at home. »
The Connecticut personal care division was initially created by AccordCare through its legacy acquisition of Companions Forever in December 2020, followed by the acquisition of Companions and Homemakers completed in October 2022. Both will retain their brand within their regional footprint by joining the HouseWorks family. businesses. Together, they are the largest provider of Medicaid home health services in the state.
“The Connecticut Division has been brought together to provide exceptional care in a state that is so desperately lacking in high-quality providers,” said Brandon Ballew, CEO of AccordCare, “and we believe they will be able to continue this mission with the HouseWorks team. »
The acquisition marks the Company’s entry into Connecticut and the fifth transaction completed since the Company’s partnership with InTandem Capital in December 2022. This acquisition continues to demonstrate HouseWorks’ commitment to providing high-quality personal care to many diverse communities. “We recognize that home care is a deeply personal experience and that we have a unique opportunity to positively impact communities across the country,” said Mike Trigilio. “We are actively looking to grow in Connecticut and couldn’t be more excited about the people, culture and operations found within the Connecticut teams. »
TripleTree, LLC served as financial advisor to AccordCare on this transaction.
About HouseWorks:
For over 20 years, HouseWorks has provided seniors and their families with the highest level of private, reliable in-home care. Our proprietary BetterCare at Home® approach leverages personalized care services and innovative technology to guide the work of our caregivers as we help older adults stay safe, comfortable and engaged in their lives – at the House. HouseWorks is a leading home care provider serving clients in Massachusetts, Maine, New Hampshire, New York, Pennsylvania and Tennessee.
About AccordCare:
Founded in January 2020, the AccordCare team has more than 75 years of combined experience in the home care industry and is the leading care provider on the East Coast – with service territories in Georgia, Alabama, in Florida, New Jersey, New York, North Carolina, and South Carolina. The company’s vision is to “help you live your best possible life.” With this vision, their compassionate care teams are committed to serving people who want to age in place, those who have suffered a catastrophic injury, and those who need skilled care.
