Griswold Special Care

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Griswold Special Care - overview

Location

Plymouth Meeting, PA, US

Primary Industry

Healthcare

About

Griswold Special Care offers comprehensive in-home care services specializing in support for seniors and individuals with chronic conditions, ensuring personalized assistance and companionship for clients across the United States. Founded to provide in-home care, Griswold Special Care has evolved its service offerings while maintaining a strong focus on client dignity and independence. The company is headquartered in Plymouth Meeting, US. Michael Slupecki currently serves as CEO, bringing extensive experience in the home care industry.


Griswold has been involved in 3 investment deals, with the most recent funding round occurring on December 4, 2012, when Pouschine Cook Capital Management and Stonehenge Partners recapitalized the company. Griswold provides in-home care services tailored to the needs of seniors and individuals requiring assistance due to chronic conditions, illnesses, or injuries. Core offerings include personal care, homemaking, and companionship, covering essential tasks like bathing, grooming, dressing, light housekeeping, laundry, grocery shopping, and meal preparation. The company emphasizes companionship, facilitating social interactions through conversation, activities, and outings.


Griswold serves a diverse client base across multiple geographic markets in the United States, adapting care services to meet specific state requirements and focusing on maintaining clients' dignity and independence. Griswold's revenue model is structured around the provision of home care services, which vary depending on state-specific service models. In certain regions, Griswold operates strictly as a referral agency for thoroughly screened professional caregivers, while in others, it directly employs and supervises caregivers. Clients typically engage Griswold’s services on a flexible basis with hourly or daily rates depending on individual needs.


This direct-to-consumer transaction structure allows families to choose the required assistance level, providing a tailored approach to home care. The company’s commitment to quality service is reinforced by its endorsement from Activated Insights, focusing on customer satisfaction within its operations. Griswold Special Care aims to enhance its service offerings and expand into new markets. The company is currently designing new service packages tailored to different client needs, with plans to launch these offerings by early 2024.


Additionally, Griswold is targeting expansion into key markets such as California and Texas by the end of 2023. The funding received during the most recent deal in December 2012 will be utilized to support these growth initiatives, increasing service capacity and enhancing client outreach.


Current Investors

Pouschine Cook Capital Management, Stonehenge Partners

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living

Website

www.griswoldhomecare.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Griswold Special Care - 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)
RecapitalisationCompletedGriswold Special Care-
Secondary BuyoutCompletedGriswold Special Care-
BuyoutCompletedGriswold Special Care-

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Griswold Special Care - employee data

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