Acumen Fiscal Agent

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Acumen Fiscal Agent - overview

Established

1995

Location

Mesa, AZ, US

Primary Industry

Healthcare

About

Acumen Fiscal Agent provides fiscal intermediary services for self-directed care, focusing on individuals with disabilities and veterans, streamlining payroll and compliance to enhance client autonomy and home care options. Acumen Fiscal Agent, founded in 1995 and headquartered in Mesa, US, offers fiscal intermediary services. The firm emerged through its merger with PASCO in December 2017 to form TEAM Services Group. The CEO is Josh Auer.


Acumen Fiscal Agent specializes in fiscal intermediary services that support self-directed care for individuals with disabilities, aging adults, and veterans. Their services include managing payroll, tax compliance, electronic visit verification (EVV), and financial responsibilities, enabling clients to hire their caregivers. They collaborate with various federal and state programs and managed care organizations to personalize care solutions, enhancing client autonomy and simplifying employee management. Acumen Fiscal Agent generates revenue through service agreements with clients and funding partners, primarily from fiscal intermediary services.


Revenue is derived from billing funding sources after processing payroll for direct care employees, ensuring tax compliance. Pricing plans are tailored based on individual agreements with partners, allowing for customized financial solutions. Following the merger in December 2017, Acumen plans to leverage recent funding to expand its service offerings. They are focusing on developing new products and extending their market reach into additional states, aiming to enhance service delivery for self-directed care.


This strategic expansion is expected to support their growth objectives and solidify their position in the industry.


Current Investors

TEAM Services Group, LLC

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.acumenfiscalagent.com

Company Stage

Merged

Total Amount Raised

Subscriber access only

Acumen Fiscal Agent - 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)
MergerCompletedAcumen Fiscal Agent, PASCO, Risk Management Strategies, Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.