Senior Helpers acquired by investment firm
Senior Helpers, an in-home senior care organization, has been acquired by Altaris Capital Partners, a health care-focused national investment firm. The deal is intended to accelerate Senior Helpers’ growth strategy, which largely involves acquiring other in-home care companies. Terms of the deal were not disclosed. Founded in 2001, the Timonium-based company has 285 franchise locations in the United States, Canada and Australia. “With this move, we’re primed to bring many more in-home care companies under the Senior Helpers umbrella and expand into new territories worldwide,” Peter Ross, CEOand co-founder of Senior Helpers, said in a statement. Altaris Capital Partners is a New York City-based investment firm that focuses exclusively on the health care industry. It says it has $1.5 billion in equity under management.