Capital City Nurses, LLC

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Capital City Nurses, LLC - overview

Established

1976

Location

Chevy Chase, MD, US

Primary Industry

Healthcare

About

Capital City Nurses, LLC provides specialized in-home healthcare services across Maryland, Washington D. C. , and Virginia, focusing on personalized care to enhance the quality of life for clients in need. Founded in 1976 and headquartered in Chevy Chase, US, Capital City Nurses, LLC specializes in providing in-home healthcare services.


The company has undergone no significant changes in its business strategy or operations since its inception. In May 2019, Capital City Nurses was acquired by Care Advantage, Inc. , a portfolio company of BelHealth Investment Partners. The company has completed a total of 1 deal, with the most recent deal occurring on May 6, 2019.


Capital City Nurses primarily offers in-home healthcare services, catering to clients across Maryland, Washington D. C. , and Virginia. Their core services encompass a range of personalized care options designed to support individuals in maintaining their independence and quality of life while receiving care in the comfort of their homes.


These services include assistance with daily living activities such as bathing, dressing, meal preparation, medication management, and companionship. The company’s customer base includes elderly individuals, those recovering from illness or injury, and families seeking additional support for their loved ones. With over 45 years of experience, Capital City Nurses has established itself as a trusted provider in the healthcare industry, emphasizing high-quality, compassionate care. Their geographical reach is focused on urban and suburban communities within the specified regions, ensuring they meet the diverse needs of their clientele.


Capital City Nurses operates on a service-based revenue model, where transactions are directly linked to the provision of in-home healthcare services. Clients typically engage the company for tailored care plans that match their specific needs, leading to transactions on a pay-per-service basis or through hourly rates for care provided by their trained caregivers. The revenue structure includes options for clients to qualify for up to 80 hours of free in-home care services under specific programs, enhancing accessibility for those in need of support. Pricing plans are structured around the breadth of services offered, allowing families to select the level of care that corresponds to their requirements.


This direct-to-consumer approach allows for flexibility and customization in service delivery, aligning closely with the company’s mission to provide personalized care solutions. Following its acquisition in May 2019, Capital City Nurses aims to leverage synergies with Care Advantage to expand its service offerings and geographical footprint. The company is exploring new products related to telehealth services that could be launched in the coming year. Furthermore, Capital City Nurses has plans to expand its reach into additional regions within Virginia and expand further into adjacent states by 2025.


The recent acquisition funding will support these initiatives, enabling the company to enhance service delivery and improve client accessibility.


Current Investors

Care Advantage, Inc.

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.capitalcitynurses.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Capital City Nurses, LLC - 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-onCompletedCapital City Nurses, LLC -

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Capital City Nurses, LLC - employee data

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