Housatonic Partners Announces Acquisition and Merger of Auracal Senior Home Care and Schwartz Family Home Care Under EVAL Home Health Solutions, LLC
Boynton Beach, FL and Lauderdale Lakes, FL – September 16, 2022 – EVAL Home Health Solutions, LLC, a holding company formed by Housatonic Partners in partnership with CEO Steve Goodman, is pleased to announce the acquisitions of Auracal Senior Home Care and Schwartz Family Home Care, two leading home health nurse registries in South Florida.
“We are extremely impressed with each company’s commitment to serving its patients ethically and with the highest quality of care,” said CEO Steve Goodman. He added, “We are incredibly excited to build upon the great brands Auracal and Schwartz have in the market.” Mr. Goodman brings 30 years of executive experience, most recently as CEO of Welcome Wagon, a former Housatonic Portfolio company.
“The combined businesses under EVAL have grown rapidly over the last several years and are poised to expand quickly over the coming decade through a combination of organic and acquired growth,” said Housatonic Partners Managing Director Joe Niehaus. “The demand drivers are underpinned by a rapidly aging US population and a strong secular shift towards ‘aging in place’, which improves clinical outcomes and decreases system-wide healthcare costs.” Financial terms of the transaction were not disclosed.
About EVAL Home Health
EVAL connects world-class caregivers to elderly patients seeking non-medical primary care across six Florida counties: Broward, Palm Beach, Martin, Miami-Dade, St. Lucie, and Okeechobee. The combined organization has 1,000 active caregivers serving nearly 500 clients, making it a market-leading nurse registry in Florida. To learn more, please visit WWW.AURACALSCH.COM and WWW.SCHWARTZFAMILYHOMECARE.COM.
About Housatonic Partners
Housatonic Partners is a private equity investment firm founded in 1994, with more than $1.5 billion in capital under management. The firm invests in growing, profitable businesses with highly recurring revenue. Housatonic Partners has backed exceptional management teams in more than 100 small to mid-sized
companies over the last 28 years. For more information, please visit WWW.HOUSATONICPARTNERS.COM.