HouseWorks Expands Reach with Acquisitions in Massachusetts
Deal News | Jan 08, 2025 | InTandem
HouseWorks Holdings, LLC, a leading personal care services company, has announced its strategic partnership with two Massachusetts-based home care organizations: OConnell Care at Home and Best Home Care. These acquisitions aim to strengthen HouseWorks' presence in the home care market by integrating reputable and founder-owned entities known for their community relationships and high-quality services. OConnell Care at Home, a key player in Western Massachusetts for over 40 years, will help HouseWorks enhance operations in staffing-challenged areas. Best Home Care, a notable provider in the Greater Boston area for 25 years, aligns with HouseWorks' standards of excellence. These transactions represent the 11th acquisition since HouseWorks' partnership with InTandem Capital in 2022, solidifying its status as the preferred partner in the region.
Sectors
- Healthcare Services
- Private Equity
Geography
- United States – The companies involved, including HouseWorks and the acquired firms, are based in Massachusetts, USA.
- Massachusetts – The article specifically mentions strategic acquisitions within the Massachusetts region, emphasizing its importance in the overall expansion.
Industry
- Healthcare Services – The article revolves around home and personal care services, highlighting HouseWorks' expansion in this sector.
- Private Equity – InTandem Capital partners with HouseWorks, showcasing the private equity firm's investment and acquisition activities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HouseWorks Holdings, LLC | Acquirer | Company | A leading personal care services company acquiring new partners in the home care sector. |
| OConnell Care at Home | Target Company | Company | A well-established provider of home care services in Western Massachusetts. |
| Best Home Care | Target Company | Company | A home care services provider based in Wakefield, Massachusetts. |
| InTandem Capital Partners | Private Equity Firm | Company | The private equity firm backing HouseWorks' growth strategy and acquisitions. |
| Jon Fradin | Executive Vice President, Corporate Development | Person | An executive at HouseWorks involved in the partnership strategy. |
| Mike Trigilio | CEO | Person | CEO of HouseWorks overseeing the company's expansion and partnership growth. |
| Fran OConnell | Founder and CEO | Person | Founder of OConnell Care at Home, now partnering with HouseWorks. |
| Justin Carr | Chief of Staff | Person | Contact for HouseWorks, providing organizational leadership. |