SYNERGY HomeCare Franchising, LLC
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SYNERGY HomeCare Franchising, LLC - overview
Established
1999
Location
Tempe, AZ, US
Primary Industry
Healthcare
About
SYNERGY HomeCare Franchising, LLC is a US-based company specializing in non-medical home care services, focused on enhancing clients' quality of life through personalized support for individuals of all ages. Founded in 1999, SYNERGY HomeCare provides non-medical home care services primarily in the United States. The company was established by Peter Tourian and operates from Tempe, Arizona. In January 2025, SYNERGY HomeCare was acquired by Levine Leichtman Capital Partners, along with company management, from NexPhase Capital for undisclosed financial terms.
The company has raised a total of USD 80. 00 mn through its recent funding round, which is a Buyout. SYNERGY HomeCare has completed two deals to date. SYNERGY HomeCare specializes in providing a comprehensive suite of non-medical home care services aimed at enhancing the quality of life for individuals of all ages and abilities.
Their core offerings include senior care and companionship, specialized care for individuals with chronic health conditions or disabilities, memory care for those with Alzheimer’s or dementia, and transitional hospital-to-home care. The company serves a diverse clientele, including seniors, individuals recovering from illness or surgery, and veterans, primarily in the United States. SYNERGY HomeCare operates across a wide geographical market, with a network of over 500 independently-operated locations nationwide, allowing them to address various local needs and preferences effectively. Revenue generation at SYNERGY HomeCare occurs through a direct-to-consumer model, where clients engage the company's services on an as-needed basis.
Clients benefit from customized care plans, with caregivers provided for varying durations—from a few hours a week to around-the-clock support—ensuring flexibility to meet individual requirements. The pricing structure is designed to accommodate different budgets, with services billed based on hourly rates or package deals tailored to specific care needs. The company emphasizes customer choice, allowing families to select caregivers after thorough matching based on skills, personality, and availability. Through this approach, SYNERGY HomeCare effectively manages client relationships while fostering trust and satisfaction among family caregivers and clients alike.
As part of its growth strategy, SYNERGY HomeCare plans to utilize the recent acquisition support to enhance its market reach. The acquisition finalized in January 2025 will enable the company to expand its services into new geographic regions, although specific markets targeted for expansion have not been disclosed. This initiative aims to strengthen SYNERGY HomeCare's position in the home care industry and enhance service delivery to clients.
Current Investors
NexPhase Capital
Primary Industry
Healthcare
Sub Industries
Fitness & Wellness Facilities, Home Healthcare, Nursing Homes & Assisted Living
Website
www.synergyhomecare.com/
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
SYNERGY HomeCare Franchising, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | SYNERGY HomeCare Franchising, LLC | - | ||||||||
| Buyout | Completed | SYNERGY HomeCare Franchising, LLC | - |
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