The Halifax Group has completed, in partnership with management, an investment in Interim HealthCare, a home healthcare franchisor. The current senior executive team of Interim HealthCare will continue to serve in their management roles.
“We are pleased to enter into a partnership with Halifax,” said Interim HealthCare’s President and CEO, Kathleen Gilmartin. “We have enjoyed consistent growth over the past several years and think Halifax’s financial capabilities and experience in both healthcare and franchising will be invaluable to our business. It was evident from our first meeting that Halifax brought a unique and well-informed set of skills, resources and shared strategy about how to execute our strategic plan.”
Interim is a home healthcare franchisor with more than 300 independently owned franchise locations in 43 states that provide skilled home healthcare, home-based hospice care, personal care and independent living support, as well as supplemental healthcare staffing. The company was founded in 1996 and is based in Sunrise, FL (www.interimhealthcare.com).
“Halifax has a tradition of partnering with strong management, and we have been impressed with Interim’s team. Their vision and hard work has resulted in a company whose scale and reputation for quality sets Interim apart from its competitors,” said Ken Doyle, Managing Director at Halifax.
The Halifax Group specializes in partnering with managers and entrepreneurs to recapitalize and grow lower middle-market businesses across a variety of industries including health and wellness; infrastructure; business and government services; and franchising. The firm maintains offices in Washington, DC; Dallas, TX; and Raleigh, NC (www.thehalifaxgroup.com).
© 2012 PEPD • Private Equity’s Leading News Magazine • 11-2-12