A First Name Basis

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A First Name Basis - overview

Location

Lafayette, LA, US

Primary Industry

Healthcare

About

A First Name Basis provides tailored in-home care services, emphasizing quality of life for older adults and individuals with disabilities through personalized support and skilled caregivers. A First Name Basis is dedicated to delivering in-home care solutions. The company was acquired by Alta Home Care, a portfolio company of Transition Capital Partners, in January 2013. The CEO, Jake Fackrell, leads the organization from its headquarters in Lafayette, US.


A First Name Basis specializes in providing in-home care services that enhance the quality of life for older adults and individuals with developmental disabilities. Their core offerings include personal care, meal preparation, medication management, transportation services, and companionship. The company develops personalized care plans tailored to individual client needs and recruits only the top 10% of caregiver applicants, who receive comprehensive training and support. Their services are available across several states, including Arkansas, Louisiana, Mississippi, and South Carolina.


A First Name Basis utilizes a fee-for-service revenue model for their in-home care services. Clients may engage the company for ongoing care or specific services, with fees based on the complexity of care required. The company accepts Medicaid across its operational states, broadening access to diverse clients, including veterans who benefit from specialized programs such as Aid & Attendance and Respite Care. These structured service agreements are vital for the company's revenue generation, aligning with regulatory healthcare standards.


Following its acquisition in January 2013, A First Name Basis is focused on strategic growth through the development of new services and expansion into new markets. Specific plans include launching additional tailored care programs and entering regions not currently served, with targeted expansions anticipated by 2025. The recent funding will be utilized to enhance service offerings, improve training for caregivers, and expand marketing efforts in the new regions.


Current Investors

Alta Home Care, Inc.

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.afirstnamebasis.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

A First Name Basis - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedA First Name Basis-

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