The Vistria Group and Centerbridge Partners are “weighing options” around the future of Help at Home, including a potential sale. Bloomberg first reported the news late Tuesday, citing “people with knowledge of the matter.” Based in Chicago, Help at Home is one of the largest providers of home- and community-based services (HCBS) in the country. It has more than 180 branch locations across 11 states, and provides care to more than 66,000 people via its 53,000 caregivers. Bloomberg’s sources said that Help at Home could be valued at “$3 billion or more,” and that a formal sale process could begin as soon as the first quarter of 2024. The Bloomberg report did add that there’s “no certainty” current deliberations will end up in a sale.
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Source: https://homehealthcarenews.com/2023/12/the-vistria-group-centerbridge-partners-reportedly-weighing-help-at-home-sale