Sevita

Sevita, f. k. a Civitas Solutions, Inc. is a healthcare provider specializing in home and community-based services that enhance the quality of life for individuals and families across various age groups.

Founded in 1980 and headquartered in Boston, US, Civitas Solutions, Inc. focuses on delivering essential healthcare services. The company underwent a significant transformation when it transitioned from public to private ownership in a deal valued at USD 1. 4 billion, which was finalized in March 2019.

Jon Adalsteinsson and Shantanu Narayen are known as the founders of the firm, although specific previous ventures are not documented. The company has participated in four deals to date, the most recent being in December 2018. Civitas Solutions, Inc. provides a range of services aimed at improving the lives of individuals with diverse needs.

Their offerings include behavioral health support, foster care services, and specialized care for individuals with intellectual and developmental disabilities, as well as those with complex health issues. They serve a broad clientele across the United States, establishing numerous facilities, including the Joyful Living Center at Sterling Lofts in Attleboro, Massachusetts. The company caters to children in foster care, adults with disabilities, and seniors needing in-home assistance, emphasizing personalized care and community integration. In 2018, Civitas Solutions, Inc.

reported a revenue of USD 1,602. 20 mn, with an EBITDA of USD 152. 00 mn for the same year. The company’s revenue model is based on partnerships with local governments and community organizations, focusing on tailored service delivery and direct healthcare support for clients.

Civitas Solutions, Inc. aims to leverage its recent funding of USD 1. 4 billion from its December 2018 acquisition to expand its service offerings and geographic reach. The company is designing new healthcare programs tailored to address the unique needs of its client base.

Additionally, Civitas plans to enter new markets by expanding its operations into underserved regions where the demand for specialized healthcare services is growing. The strategic use of capital from the latest investment round is expected to facilitate these expansions and support the launch of innovative service models.