SarahCare® of Jenkintown
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SarahCare® of Jenkintown - overview
Established
1985
Location
-, PA, US
Primary Industry
Healthcare
About
SarahCare® of Jenkintown provides essential home and adult day care services tailored for seniors and disabled individuals, focusing on enhancing quality of life through personalized care solutions. Founded in 1985 in the US, SarahCare® of Jenkintown specializes in home care services. The company was recently acquired by Ustayev Management from Simplura Health Group on March 31, 2023, with undisclosed financial terms. Lisa Kaufman currently serves as CEO.
SarahCare specializes in providing home care and adult day care services, catering primarily to the needs of seniors and disabled individuals. Their core offerings include personal care services, which assist clients with daily hygiene, dressing, and bathing, and 'Help at Home' services that alleviate the burden of daily household tasks such as light housekeeping, meal preparation, and laundry. Additionally, their adult day care services engage participants through cognitive stimulating activities, physical and occupational therapy, and socialization opportunities. These services are designed to improve quality of life, promote well-being, and ensure that clients can maintain dignity and comfort while receiving care.
SarahCare primarily serves the Greater Philadelphia Area, including clients in Bucks County and Montgomery County, with a focus on family-centered care aimed at keeping individuals in their homes rather than institutional settings. SarahCare generates revenue through direct service provision to clients, primarily through individualized care plans tailored to meet the specific needs of each customer. The business operates on a direct-to-consumer model, wherein clients or their families contract for care services based on their unique requirements. Transactions involve clients purchasing packages of services, which may include regular home visits from caregivers or enrollment in day care programs.
The pricing structure reflects the level of care and frequency of services needed, with clients typically billed on a per-service or subscription basis. SarahCare's commitment to providing high-quality home care services has established it as a reputable provider within its market, further solidifying its financial standing through consistent client engagement and retention. Following the acquisition on March 31, 2023, SarahCare plans to utilize the new investment to support growth in its business. The company is looking to expand its service offerings and potentially enter new markets.
Specific regions targeted for expansion have not been disclosed, but the focus will likely remain on enhancing care options for seniors and disabled individuals in various geographic areas.
Current Investors
Ustayev Management, Simplura Health Group
Primary Industry
Healthcare
Sub Industries
Home Healthcare, Nursing Homes & Assisted Living, Chiropractic, Orthopedic & Physical Therapy
Website
www.sarahpa.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
SarahCare® of Jenkintown - 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 | SarahCare® of Jenkintown | - | ||||||||
| Add-on | Completed | SarahCare® of Jenkintown | - |
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