Aging with Comfort
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Aging with Comfort - overview
Established
2014
Location
Philadelphia, PA, US
Primary Industry
Healthcare
About
Aging with Comfort is a U. S. -based company dedicated to providing high-quality in-home care services that enable adults needing assistance due to age, illness, or disability to maintain their independence and well-being. Founded in 2014 and headquartered in Philadelphia, Pennsylvania, Aging with Comfort specializes in in-home care services designed for adults needing assistance.
The company has made strategic partnerships to enhance service offerings and participated in a significant funding round in 2021 to support its growth. Sean Gregson serves as the CEO of the company, which has secured investment from multiple firms, acquiring a 15% minority stake. Aging with Comfort specializes in providing high-quality in-home care services designed to support adults who require assistance due to age, illness, or disability. The company's core offerings include personalized caregiving and personal care services that enable clients to maintain their independence while receiving the necessary support in their own homes.
Their services are tailored to meet the unique needs of each client, with options to match clients with trained caregivers or to hire and train a friend or family member to serve as a paid caregiver. The company actively collaborates with various programs, including Pennsylvania's Community HealthChoices waiver program and Veterans Assistance Programs, to ensure comprehensive care for its clients. Aging with Comfort operates throughout the state of Pennsylvania, targeting individuals and families seeking reliable and compassionate home care solutions. Aging with Comfort generates revenue through a direct-to-consumer model, offering personalized home care services billed on a per-hour basis.
Clients typically engage the company’s services based on their specific needs, which can vary from companionship and assistance with daily activities to more specialized personal care. The company’s pricing structure reflects the level of care required, with competitive rates designed to accommodate a range of budgets. Additionally, Aging with Comfort participates in various waiver and assistance programs, which may influence the financial arrangements made with clients, ensuring that care is accessible to those who need it. The firm emphasizes quality service delivery, which helps foster long-term relationships with clients and their families, contributing to consistent revenue generation within the Pennsylvania market.
In 2021, Aging with Comfort secured funding from Petra Capital Partners, Tecum Capital Partners, NewSpring Capital, Capital Alignment Partners, and Silver Palm Capital Healthcare Partners, acquiring a 15% minority stake. This capital will be utilized to support the company's expansion into new markets, with aims to reach additional geographic regions by leveraging the insights and expertise of independent directors joining the board. The company is looking to enhance its service offerings and extend its reach to meet the growing demand for quality in-home care services.
Current Investors
Petra Capital Partners, NewSpring, Tecum Capital
Primary Industry
Healthcare
Sub Industries
Consumer Services, Home Healthcare, Nursing Homes & Assisted Living
Website
www.agingwithcomfort.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Aging with Comfort - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Aging with Comfort | - |
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