LOS ANGELES--(BUSINESS WIRE)--LivHOME, Inc., the nation's largest provider of professionally led at-home care for seniors, today announced that it is acquiring the assets of AllianceCare's private duty businesses in five East Coast states.
The acquisition includes the assets of AllianceCare private duty offices in Arlington, VA; Atlanta, GA; Boston, MA; Philadelphia, PA; and Silver Springs, MD. As LivHOME's largest acquisition to date, it provides the company with a coast-to-coast footprint and represents an important step in its nationwide expansion. Financial terms were not disclosed.
AllianceCare's private duty offices in these 5 states is LivHOME's third acquisition in 2008, and it's seventh since the beginning of 2007. The assets of AllianceCare, a premiere post-acute care provider, include a combination of at-home and facility-based senior-care operations.
"This is a very important moment for LivHOME. From our California headquarters, we have successfully expanded across the United States, moving first across the Midwest, and now solidly onto the East Coast. The new markets we are entering allow us to introduce our brand of professionally led at-home care services to areas with significant senior populations. We now have a strong five state footprint on the East Coast as a base for further expansion in the region. We look forward to serving our new clients and offering our services to East Coast residents who want to enjoy their senior years at home in comfort and dignity," said Mike Nicholson, LivHOME's chief executive officer.
With a growth strategy driven both organically and through acquisition, LivHOME is one of the most active consolidators in the senior-care industry. In June, the company acquired Continual Feast Companion Care in Minneapolis, MN, and earlier in the year purchased Long Beach, CA-based AngelCare Services. In 2007, the company acquired Jackson Care Management (Houston, TX), Chicagoland Caregivers (Chicago, IL), Heritage Homecare Services (Riverside, CA) and Care at Home (Walnut Creek, CA).
LivHOME is the nation's largest provider of professionally led at-home care for seniors. The company is dedicated to finding solutions that enable older adults to remain in their homes as long as possible. Based in Los Angeles, LivHOME delivers high quality at-home care throughout California as well as select markets in Texas, Minnesota, Illinois, Massachusetts, Pennsylvania along with Virginia, Maryland, Washington DC, and Georgia pending licensure approval. For more information, visit www.livhome.com.
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