Newly launched Avenues Dwelling Care acquires Clear Path Dwelling Care and expands in Texas
Launched earlier this 12 months, Avenues Dwelling Care has already made an impression on the M&A market. The corporate introduced Monday that it has acquired Clear Path Dwelling Care.
The deal will add six new areas to the Avenues community in Texas, primarily within the Dallas space. In accordance with the corporate, it should develop alternatives in veteran care, together with by way of the VA Homemaker and Dwelling Well being Aide packages.
Avenues relies in Dallas and now has a complete of 14 areas in Texas, Tennessee and Georgia.
“Including Clear Path Dwelling Care's a number of North Texas areas to Avenues is a large step in our mission to help households and veterans looking for dependable, high quality care of their communities,” mentioned Doug Markham, CEO from Avenues Dwelling Care, in an announcement. “This growth will permit us to serve extra purchasers with native roots and individualized care, whereas sustaining our dedication to high quality and compassionate service.”
Avenues formally launched in Might, bringing a number of residence care corporations – AA Care Companies, Sentinel Homecare, SunLife and Complete Care – beneath one umbrella.
Markham advised Dwelling Well being Care Information on the time that the objective was to take care of the native really feel of those organizations whereas streamlining and increasing operations from the highest down.
Clear Path Dwelling Care will now be a kind of native companies. The present employees will stay in place.
“Every location retains the decision-making energy to finest meet the distinctive wants of the area,” Clear Path founder JM Simmonds mentioned in an announcement. “We stay dedicated to treating all of our clients as members of our circle of relatives.”
Markham added that the corporate will proceed to search for alternatives to develop within the Texas market within the close to future.
“Progress comes with competence, care and integrity,” he advised HHCN in Might. “Progress targets are extra about how we will serve folks, and the way we will serve households, moderately than dots on a map, moderately than simply having desk areas for desk areas.”
Agenda Well being and a mergers and acquisitions consultancy helped negotiate the deal.