Deal Details
SYNERGY Is Acquired by LLCP
Summary
SYNERGY HomeCare Franchising, LLC (“SYNERGY” or the “Company”), a portfolio company of NexPhase Capital, LP (“NexPhase”), has been acquired by Levine Leichtman Capital Partners, LLC (“LLCP”). Terms of the transaction were not disclosed.
Baird served as financial advisor to SYNERGY on this transaction.
About
SYNERGY is a rapidly growing national franchisor of in-home care services to seniors and individuals of all ages with over 240 franchises operating in approximately 550 territories across 42 states. The Company provides a broad range of non-medical, in-home services including personal care, companion care, memory care and specialized care for individuals who are living with physical or developmental disabilities, chronic health conditions or recovering from illness or surgery. SYNERGY was founded in 1999 and is headquartered in Tempe, Arizona.NexPhase is a thematically driven and operationally focused lower middle-market private equity firm that makes control investments in growth-oriented and capital-efficient companies within three distinct industry verticals: healthcare, software and consumer. NexPhase partners with companies that have reached a growth inflection point and are seeking a value-added partner to help navigate the company’s “next phase.” The NexPhase team has extensive industry and operational experience, and its partners have invested together for over 15 years. NexPhase has completed over 100 investments, including add-ons, and targets control equity investments between $40 million and $150 million. Since inception, NexPhase has raised and managed approximately $2.6 billion of capital. NexPhase is headquartered in New York, New York.
LLCP is a middle-market private equity firm with a 40-year track record of investing across various targeted sectors, including Business Services, Franchising & Multi-unit, Education & Training and Engineered Products & Manufacturing. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity. Since inception, LLCP has managed approximately $15.6 billion of institutional capital across 15 investment funds and has invested in over 100 portfolio companies. LLCP currently manages $10.0 billion of assets and has offices in Los Angeles, New York, Chicago, Miami, London, Stockholm, Amsterdam and Frankfurt. LLCP is headquartered in Beverly Hills, California.
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- Date
- January 2025
- Company
- SYNERGY HomeCare Franchising, LLC
- Transaction
- M&A - Sellside
- Sectors
-
Consumer
Healthcare - Verticals
-
Multi-Unit, Restaurants & Franchising
Provider Services
- Target Geography
- North America
- Acquiror Geography
- North America
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