A New York City-based private duty home care provider has been acquired by a private equity services firm. The deal is another example of increasing interest by private equity groups in the home care space.

Caring People has been acquired by Silver Oaks Services Partners LLC, a lower middle market private equity firm focused on service businesses. Caring People was founded in 1998 and is “one of the few agencies of scale serving the private-pay market,” according to a press release from Silver Oak.

Read more here… Home Health Care News.