Senior Helpers, a Portfolio Company of Altaris Capital Partners, has been Acquired by Advocate Aurora Enterprises, a Subsidiary of Advocate Aurora Health
April 5, 2021
SHF Holding Company, a portfolio company of Altaris Capital Partners, has been acquired by Advocate Aurora Enterprises, Inc., a wholly owned subsidiary of Advocate Aurora Health, Inc.
Cain Brothers, a division of KeyBanc Capital Markets, served as the lead financial advisor to Senior Helpers, highlighting Cain Brothers’ deep expertise in the home healthcare and franchising industries.
Maryland-based Senior Helpers has more than 320 franchised and corporate-owned locations in 44 states, Canada and Australia that provide home care and wellness services to seniors, including meal planning, grocery shopping, medication reminders, transportation, companionship, assistance with personal hygiene and more. They also offer special programs to manage chronic neurological conditions, including Alzheimer’s and Parkinson’s diseases. Senior Helpers’ industry-leading services enhance seniors’ ability to remain in their homes and avoid or delay the need for facility-based care.
Founded in 2003, Altaris Capital Partners is a healthcare-focused private equity firm based in New York City and actively manages $5.2 billion of equity capital.
Advocate Aurora Enterprises is a subsidiary of Advocate Aurora Health, one of the 12 largest not-for-profit, integrated health systems in the nation. Advocate Aurora Enterprises is Advocate Aurora Health’s innovations arm, focused on leading the way in embracing bold and innovative ways to connect consumers and communities to their health.