A Charleston, S.C.-based location of national aging services company Senior Helpers has acquired hospice provider Lowcountry Companions, also located in South Carolina. Financial terms of the deal were not disclosed.
Senior Helpers, parent company to the Charleston location, is a portfolio company of Altaris Capital, a private equity firm which purchased the senior services company for $125 million in 2016.
“Our acquisition of Lowcountry Companions strategically expands our reach in South Carolina allowing for more growth of in-home and hospice care opportunities, said Amy Petersen-Smith, owner of Senior Helpers of Charleston. “In light of recent events, home-based care is on the front lines of health care and we’re passionate about supporting our community. We are proud to provide a valuable resource to local elders and their family by helping to alleviate the stress associated with caregiving and ensure a better quality of life for families through personalized in-home senior care.
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