Varsity Care - Senior Care
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    • Home
    • About Us
      • About Varsity Care
      • Meet the Team
      • Acquisition Opportunities
    • Services
      • Care & Services
    • Locations
      • Our Locations
    • Resources
    • Contact
      • Contact Us
      • Referrals
Varsity Care - Senior Care
  • Home
  • About Us
    • About Varsity Care
    • Meet the Team
    • Acquisition Opportunities
  • Services
    • Care & Services
  • Locations
    • Our Locations
  • Resources
  • Contact
    • Contact Us
    • Referrals

Acquisitions

Our Mission

We are an active buyer of Adult Medical Day Service, Home Delivered Meals and Non-Emergency Medical Transportation businesses.

Varsity Care is backed by founders and institutional capital that have grown and exited prior businesses – a proven track record of success. Our direct, no-nonsense approach to supporting extraordinary businesses and structuring their sales is purposeful and time efficient. Our integration strategy is to preserve the local brand of the acquired company and to partner with current owners and/or operators to ensure a secure, thoughtful change of ownership. Our typical transaction structure is an all-cash purchase but we entertain alternative structures.

 

Our acquisition strategy:

  

Adult Day Care

  • Fully licensed provider with a capacity of 75+ clients for day services.
  • Profitable operating history (although we may also consider unprofitable operations, turnarounds and special situations).
  • Medicaid or other public pay contracts.
  • Located on the East Coast (NJ, PA, MD, MA and DC) or in the Midwest (IL, OH, KY, IN and MN)


Medical Transportation

  • Lines of Business: Non-emergency medical transport (adult day care, dialysis, PPEC, substance abuse), Inter-facility transport, Ambulette Services
  • Fleet size: 25 or more vehicles
  • Revenues: $5 million+ but will look at smaller companies with compelling profit profiles
  • EBITDA/Cash flow: $1 million+

Contact Joe Statter , CEO

Varsity Care - Adult Health Services

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