Sevita
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Sevita - overview
Established
1980
Location
Edina, MN, US
Primary Industry
Healthcare Specialists
About
Based in Boston, US and founded in the year 1980 led by CEO Philip Kaufman 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.
In January 2025, Sevita, a portfolio company of Centerbridge Partners, Madison Dearborn Partners and Vistria Group agreed to acquire ResCare Community Living from BrightSpring Health Services and KKR for USD 835 million in cash. The transaction was completed in March 2026. 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. The January 2025 acquisition will enable Sevita to enhance and strengthen its specialty healthcare services and accelerate its next phase of growth.
Current Investors
Centerbridge Partners, Vistria Group
Primary Industry
Healthcare Specialists
Sub Industries
Home Healthcare, Nursing Homes & Assisted Living, Mental Health Services
Website
https://sevitahealth.com/
Verticals
HealthTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Sevita - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Completed | ResCare Community Living | - | ||||||||
| Secondary Buyout | Completed | Sevita | - | ||||||||
| Add-on | Completed | Sage Care Therapy Services | - | ||||||||
| Add-on, Trade Sale | Completed | D&S Community Services, Inc. | - | ||||||||
| Add-on | Completed | Just Family, Inc. | - |
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