Centerbridge Partners and The Vistria Group have acquired Help at Home, a portfolio company of Wellspring Capital Management
Client: Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplines — from private equity to credit and related strategies, and real estate. The Firm was founded in 2005 and as of August 2020 had approximately $26 billion in capital under management with offices in New York and London. The Vistria Group is a Chicago-based private investment firm focused on investing in middle market companies in the healthcare, education, and financial services sectors. Together with several co-investment vehicles raised since 2014, Vistria manages more than $3.0 billion of institutional capital.
Role: Edgemont Partners acted as financial advisor to Centerbridge Partners and The Vistria Group, on their acquisition of Help at Home, a portfolio company of Wellspring Capital Management. Help at Home is a leading U.S. provider of home care and community-based services with 150+ locations across 13 states providing quality care to 60,000+ clients.
Location: New York, NY
Sector: Post-Acute, Staffing and Distribution