Home Helpers Announces Sale to Linsalata Capital Partners
CINCINNATI - February 04, 2016 - (BUSINESS WIRE) - Linsalata Capital Partners (LinCap), a Cleveland-based private equity firm, announced that it has acquired a majority interest in H.H. Franchising Inc., the Cincinnati-based franchisor of Home Helpers.
The new ownership will not affect the company’s relationship with its network of individual operating owners in more than 600 communities all across the country. H.H. Franchising will maintain its existing headquarters in Cincinnati.
“Home Helpers has experienced tremendous growth over the past several years and our strategy is to accelerate that pace,” said Home Helpers CEO and President Emma Dickison. “LinCap gives us access to the resources to make our vision for the company a reality by investing in our two greatest strategic advantages: our brand and our system.”
As part of the transaction, Dickison and her management team at Home Helpers headquarters will remain with the company.
“Home Helpers has created a support system that’s unique in its industry and its record of double-digit annual growth is proof of its value to clients and owners,” said Jay Studdard, managing director of Linsalata Capital Partners. “We’re eager to work with Emma and her team to take advantage of the continuing growth potential for the network and its owner operators.”
Founded in 1997, Home Helpers is now one of the largest networks of providers in the United States offering home care to seniors, expectant mothers and those recuperating at home. The transaction is the result of a year-long strategic planning process.
“With Linsalata Capital, we saw partners who share our commitment to the Home Helpers culture and system as well as the importance of continuing to grow as an independent network,” Dickison said. “This is a great opportunity for all of us and for our operating owners.”
About Linsalata Capital Partners
Located in the Cleveland suburb of Mayfield Heights, Ohio, Linsalata Capital Partners was founded in 1984 and has combined its strong financial capabilities with extensive operational experience to accelerate the growth of middle-market companies. In its more than 31 years of investing, the firm has completed 110 buy-side transactions totaling more than $3 billion. Linsalata Capital Partners is currently investing from its seventh fund, Linsalata Capital Partners Fund VI, L.P., with $427 million in committed equity capital.
About Home Helpers
Founded in 1997, Cincinnati-based Home Helpers is one of the nation’s leading senior-care franchises, specializing in comprehensive home care services for seniors, expectant and new mothers, those recovering from illness or injury and individuals facing lifelong challenges. Home Helpers currently has a presence in more than 600 communities across North America and is seeking qualified franchise candidates in strategic communities throughout the country. Home Helpers was recently ranked the #1 Senior Care Franchise and “Best of the Best” by Entrepreneur magazine for the fifth straight year and continues to lead the way in the senior-care industry. Home Helpers is affiliated with Direct Link Help At The Touch Of A Button, a national provider of medical alert units, including a 24-hour personal emergency response system, an automated medication dispenser and vital signs monitoring units that enable seniors to feel safer and live independently at home for longer than might otherwise be possible. Home Helpers does not discriminate against anyone on the basis of religion, race, sex, color, national origin, ethnicity, disability, age or sexual preference in connection with employment or acceptance, treatment, or participation in its programs, services and activities. For more information on Home Helpers and franchising opportunities, visit www.homehelpershomecare.com.
SOURCE Home Helpers
John A. (Jay) Studdard, Jr.
Murad A. Beg
For Linsalata Capital Partners
For Home Helpers
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