Caregiver Inc. Announces Acquisitions of Four More Companies

Industry News   •   March 19, 2020

FORT WORTH, Texas–(BUSINESS WIRE)–Caregiver Inc., a leading provider of long-term care services and supports to people with intellectual and developmental disabilities, announced today it has acquired four companies, setting an unprecedented pace for continued rapid growth and expanding services in Indiana, Ohio and Tennessee. In February, Caregiver completed acquisition of Mosaic operations in Texas. With these recent acquisitions, Caregiver has acquired 15 companies since 2015.

“Caregiver is filling a strong need for change in the way care is delivered in a lower-cost environment that ensures people are getting the quality services they need to feel independent and live their lives,” said Mark Lashley, chief executive officer, Caregiver. “Caregiver’s strategy, vision, structure and values are allowing us to continue to do that successfully and change the industry.”

Fort Worth-based Caregiver closed on the latest acquisition on March 13 — Indiana-based Houston Group Homes. The company operates in Boone and Montgomery counties serving approximately 40 individuals in intermediate care group homes. Houston Group Homes employs about 40 full-time workers.

In Columbus, Ohio, Caregiver has purchased Cori Care and Absolute Care, expanding the company’s operations to six leading brands in the state. Cori Care provides care to more than 100 individuals in community residential settings with approximately 220 employees. Cori Care also provides day rehab services, marking Caregiver’s entry into this service in Columbus, which it intends to expand across Franklin County. The sale was completed in December 2019. Absolute Care provides care to about 50 individuals in the Columbus area, also in residential settings with about 130 employees. The sale was completed in October 2019.

In eastern Tennessee, Caregiver has acquired Personal Care Choices, which provides in-home care, community-based day services, personal assistance, and personal care to approximately 40 individuals in Maryville and Cleveland with about 40 employees. The acquisition, which closed in December 2019, allows Caregiver to expand into a new service line in the state.

“Strategically, we’ve found likeminded high-quality service providers who were looking for the right partner to take their business to the next level,” said Gary Nettis Jr., chief development officer, Caregiver. “We’re excited to round out our portfolio offerings and continue to provide with compassion and respect the best services possible to vulnerable populations.”

This article originally appeared in an article in BusinessWire.