Tender Loving Care of Duluth, Inc

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Tender Loving Care of Duluth, Inc - overview

Location

-, MN, US

Primary Industry

Education/Training

About

Tender Loving Care of Duluth, Inc is a provider of personalized care services dedicated to enhancing individual well-being in the community through tailored support that fosters independence and promotes quality of life. Tender Loving Care of Duluth, Inc operates as a specialized care service provider based in Duluth, US. The company was acquired by Civitas Solutions, Inc, a portfolio company of Vestar Capital Partners, in March 2016. There are no known subsidiaries or pivots in business strategy mentioned.


TLC of Duluth specializes in providing quality care services aimed at enhancing the lives of individuals within the community. Their core offerings focus on delivering personalized support tailored to the unique needs of each client, which includes a range of services designed to foster independence and promote well-being. The company serves a diverse client base that includes individuals with varying levels of needs, from those requiring assistance with daily living activities to those seeking companionship and emotional support. The services are designed to address multiple end-use cases, including enhancing quality of life, supporting family caregivers, and facilitating smoother transitions for individuals entering or re-entering the community.


TLC of Duluth primarily operates within the Midwest region of the United States, extending its reach to areas such as Wisconsin and neighboring states. TLC of Duluth generates revenue through a structured service model that includes direct-to-consumer transactions, where clients pay for personalized care services on a fee-for-service basis. The company engages in partnerships with local organizations, allowing for a broader service offering and potentially expanding their reach within the community. Revenue is derived from arrangements that encompass both hourly rates for individual caregivers and package pricing for ongoing support, ensuring tailored solutions for each individual.


As of March 2016, following its acquisition by Civitas Solutions, Inc, Tender Loving Care of Duluth, Inc has not publicly disclosed specific future product launches or geographical expansion plans. However, the company is likely to leverage its acquisition to enhance service offerings and possibly target new markets. The rationale behind recent funding will likely focus on scaling operations and improving service delivery in existing regions.


Current Investors

Primary Industry

Education/Training

Sub Industries

Education & Training Services, Fitness & Wellness Facilities, Mental Health Services

Website

www.tenderlovingcareofduluth.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Tender Loving Care of Duluth, Inc - 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-onCompletedTender Loving Care of Duluth, Inc-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.