Se­nior Helpers ac­quired by in­vest­ment firm

Baltimore Sun - - DEADLY BUS CRASH - — Sarah Gantz

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.

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