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OEP portfolio co Simplura Health Group acquires SarahCare of Jenkintown

One Equity Partners (OEP) portfolio company Simplura Health Group (Simplura), a provider of home care services for elderly and disabled populations, has completed the acquisition of SarahCare of Jenkintown, an independently owned home and community-based services and adult day care company.

Financial terms of the private transaction have not been disclosed.
Headquartered in Jenkintown, PA, SarahCare of Jenkintown provides companion services, nutrition and medication assistance, nursing, shopping, transportation, hospice, palliative care and other services. Founded in 2010, the Company also offers home health services including skilled nursing, speech therapy and social worker assistance. SarahCare of Jenkintown’s adult day center is an independently owned and operated franchised location.
“We are pleased to announce our significant expansion into the Greater Philadelphia area with the acquisition of SarahCare of Jenkintown,” says David Middleton, President and CEO of Simplura. “SarahCare of Jenkintown’s delivery of quality home care, support for its patients and caregivers, and its leading reputation in the community are highly complementary to Simplura’s mission to provide our clients with high quality home health and home care services.”
The Company will operate as a subsidiary of Simplura, which is headquartered in Valley Stream, NY.
Brad Coppens, Managing Director of OEP, says: “Simplura continues to build one of the largest and most trusted home care businesses in North America through strategic acquisitions in key regional markets. SarahCare of Jenkintown is a natural fit for Simplura’s family of companies.”
“This acquisition more than doubles the size of Simplura’s business in Pennsylvania, which currently operates under the CareGivers America brand, and meaningfully expands our presence into the Greater Philadelphia region,” said Greg Belinfanti, Senior Managing Director of OEP. “We are working hard to position Simplura as a partner of choice for managed care organizations in advance of the roll out of Community HealthChoices.”
“Our companies share a common relationship-based philosophy based on creating positive experiences between our clients and caregiver employees,” says Arsen Ustayev, CEO of SarahCare of Jenkintown. “We’re excited to join a successful, community-focused organization like Simplura that reflects our longstanding commitment to ensure our patients enjoy their lives.”
SarahCare of Jenkintown is Simplura’s fourth acquisition since OEP acquired the business when it was operating as All Metro Health Care in February 2016. Simplura acquired the home care assets of Village Care in February 2016, Multicultural Home Care, a leading provider of home care services in the Greater Boston area, in December 2016, and Independence Healthcare Corp, a provider of home care services, also in Massachusetts, in August 2017.

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