Business News • MarketWire • Levine Leichtman Capital Partners and Management Acquire Caring Brands International |
Levine Leichtman Capital Partners and Management Acquire Caring Brands International |
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Levine Leichtman Capital Partners and Management Acquire Caring Brands International
LOS ANGELES, CA--(Marketwired - Oct 1, 2015) - Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced today that it has partnered with management to complete the acquisition of Caring Brands International, Inc. ("CBI" or the "Company"). Tracing its heritage back to 1966, CBI is the leading franchisor of home healthcare services under three global brands: Interim HealthCare (in the United States), Bluebird Care (in the United Kingdom and the Republic of Ireland) and Just Better Care (in Australia). Together, the CBI brands represent 530 locations operated by more than 250 independent franchise owners that produce over $1 billion of system wide sales annually. The Company's franchisees offer individuals a full continuum of care at home including skilled nursing, assistance with daily living activities and end-of-life hospice care. Caring Brands is headquartered in Sunrise, FL.
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