TEAM Services Group (TEAM), a portfolio company of Alpine Investors (Alpine), has partnered with AmeriBest Home Care (AmeriBest), a home care agency that provides home and community-based services in the greater Philadelphia region.
AmeriBest will continue to operate under its current brand name within TEAM Public Choices (TPC), a division of TEAM that serves clients through Medicaid and other state-sponsored disability programs. Omar Khanataev will remain as AmeriBest’s CEO.
Both AmeriBest and TPC are committed to providing high-quality patient and caregiver services to seniors and people with disabilities in the comfort of their own homes and focus on providing care that empowers individuals and families to work with whom they want.
“We couldn’t be more excited about entering this new partnership with AmeriBest Home Care,” says Cullen Knights, CFO and COO of Team Services Group. “From the start, it was clear that TEAM and AmeriBest shared similar values, including a commitment to quality in service of their clients. These efforts have earned AmeriBest a well-deserved positive reputation in Pennsylvania, and we look forward to supporting them in their mission going forward.”
“We are absolutely thrilled to partner with TEAM,” says Khanataev. “It was clear from the onset that we shared the same vision, strategy, and philosophy for home and community-based services in helping our patients lead dignified and independent lives. We look forward to becoming the provider of choice with this newly formed partnership.”
Lincoln International LLC served as financial advisor to AmeriBest.
