Industry Bulletins | October 2, 2019
Care Advantage Completes Acquisition Of Allegiance Home Care
Care Advantage, a leading provider organization of home health care services in the Mid-Atlantic and a BelHealth Investment Partners (BelHealth) portfolio company, announced the acquisition of Allegiance Home Care (Allegiance). Since its initial investment in January 2017, this is Care Advantage’s tenth add-on acquisition. The financial terms of the acquisition were not disclosed.
Allegiance provides in-home personal care services exclusively to private pay consumers from two branch locations in Sterling and Alexandria, Virginia. The business was founded in 2013 and has established a strong reputation for high quality clinical care. Allegiance will strengthen Care Advantage’s . . .