Commonwealth Assisted Living LLC

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Commonwealth Assisted Living LLC - overview

Established

2002

Location

Charlottesville, VA, US

Primary Industry

Healthcare

About

Commonwealth Assisted Living LLC specializes in providing comprehensive assisted living services, focusing on enhancing the quality of life for seniors through personalized care and engaging community experiences. Commonwealth Assisted Living LLC was founded in 2002 and is headquartered in Charlottesville, US. The company offers assisted living services aimed at supporting seniors in a community-oriented environment. The leadership includes CEOs Earl Parker and Richard Brewer, who bring extensive experience in the healthcare sector.


Commonwealth Assisted Living LLC's core offerings include personalized assisted living services tailored to meet the individual needs of residents. These services encompass 24-hour staffing, medication management, and various recreational and social activities designed to foster community engagement. They focus on delivering holistic care that addresses both the physical and emotional well-being of seniors, ensuring a supportive environment for their residents. Revenue generation for Commonwealth Assisted Living LLC primarily occurs through service fees associated with their assisted living facilities.


The company operates on a model that includes monthly service agreements, with clients benefiting from a range of care levels tailored to individual needs. This model ensures a sustainable revenue stream, supported by the growing demand for assisted living solutions. Commonwealth Assisted Living LLC plans to expand its footprint by opening additional facilities in key markets across the US by 2025. The company will leverage recent funding to enhance its service offerings and invest in staff training to improve care quality.


Additionally, there are initiatives to introduce new wellness programs designed to promote healthy living among residents.


Primary Industry

Healthcare

Sub Industries

Fitness & Wellness Facilities, Home Healthcare, Nursing Homes & Assisted Living

Website

www.commonwealthal.com

Total Amount Raised

Subscriber access only

Commonwealth Assisted Living 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-onCompletedStay at Home Personal Care-

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Commonwealth Assisted Living LLC - employee data

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