Altaris Exits Senior Helpers
New York, NY—Altaris Capital Partners, LLC (“Altaris”) is pleased to announce that it has exited its investment in Senior Helpers through a transaction with Advocate Aurora Enterprises, a subsidiary of the not-for-profit, integrated health system Advocate Aurora Health. As part of the transaction, Altaris will retain Town Square®, which offers unique, interactive day programs for elderly individuals nationwide.
Senior Helpers is an owner and franchisor of professional home care services. Founded in 2002, the company has over 320 locations in 44 states across the U.S., Australia and Canada. Senior Helpers’ caregivers provide essential home care services, including meal preparation and nutrition, personal care and hygiene, housekeeping and transportation, designed to allow elderly individuals to stay in their homes as long as possible. Senior Helpers also offers specialized care programs in Alzheimer’s and dementia, as well as Parkinson’s disease.
Altaris is an investment firm focused exclusively on the healthcare industry with $5.2 billion of equity capital under management. Altaris targets companies that deliver value to the healthcare system by improving patient outcomes, eliminating unnecessary costs, increasing efficiency and aligning stakeholder incentives. Since inception in 2003, Altaris has made more than 40 platform investments. Altaris is headquartered in New York, NY. For more information, please visit www.altariscap.com.