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Elara Caring Announces Acquisition Of American Family Home Health

Oct 02, 2023•about 2 years ago

Acquiring Company

Elara Caring

Acquired Company

American Family Home Health

Dallas

Description

Elara Caring, the only full-scale, multi-state home health provider of clinical and personalized services across the patient continuum, has acquired American Family Home Health, a 35-person, privately owned skilled home healthcare provider in Huntley, Illinois, within Winnebago County. The addition of American Family Home Health will further increase Elara’s geographic footprint in Illinois, expand its presence in the Midwest, and advance its mission of expanding access to high-quality, home healthcare. It comes on the heels of Elara’s addition of hospice services to its home health offerings in Tinley Park, Illinois, and its recent acquisition of Assisted Daily Living in Rhode Island.

Company Information

Company

Elara Caring

Location

Dallas, Texas, United States

About

Elara Caring is one of the nation’s largest providers of home-based care, with a national footprint in the Northeast, Midwest and Southwest. The company is comprised of 26,000 caregivers serving over 60,000 patients and their families daily, in 225 locations across 16 states and focused on providing our patients with the “right care, at the right time, in the right place.”

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed