Comvest Partners, a prominent middle-market private equity and credit investment firm, has announced that its direct lending platform, Comvest Credit Partners, acted as Administrative Agent on a senior secured credit facility for Senior Support Holdings (Franchise) Acquisition, Inc., known as Senior Helpers. Senior Helpers, based in Towson, Md., is a leading national provider of home care and wellness services for seniors. The financing facilitated the acquisition of Senior Helpers by Waud Capital Partners, a private equity firm, and supports future growth initiatives for the company.
Founded in 2002, Senior Helpers operates over 380 franchised and corporate-owned locations across 44 states, Canada, and Australia. Their services include non-medical personal care such as grocery shopping, medication reminders, transportation, companionship, and specialized programs for chronic diseases like Alzheimer’s and Parkinson’s.
Bryce Peterson, Managing Director at Comvest, emphasized their commitment to healthcare sector investments and providing tailored financial solutions to support strategic objectives. He highlighted Senior Helpers as a scalable brand with significant growth potential in the home health care market.
This transaction marks Comvest Credit Partners’ third successful collaboration with Waud Capital, underscoring their expertise in the home health care sector. Both firms expressed enthusiasm about supporting Senior Helpers’ ongoing expansion and enhancing its senior care services.
For more information about Senior Helpers, visit www.seniorhelpers.com. For details on Waud Capital Partners, visit www.waudcapital.com. Learn more about Comvest Credit Partners at www.comvest.com/direct-lending, and about Comvest Partners’ diversified investment approach at www.comvest.com.
