Hot Listing
Mid-Atlantic Home Care and NEMT Opportunity
Business Description
Well Established, Multiple Locations, EBITDA 7m+
This established healthcare services enterprise represents a compelling acquisition opportunity featuring complementary non-medical home care and non-emergency medical transportation (NEMT) operations across multiple locations in the Mid-Atlantic region. The organization has achieved substantial scale with combined annual revenues exceeding $22 million and adjusted EBITDA of $8 million, serving over 800 clients through a workforce of 425+ W-2 employees.
The business model demonstrates strong fundamentals with Medicaid and waiver program reimbursements providing stable revenue streams. The synergistic relationship between services creates significant value, with over 60% of the client base utilizing both home care and transportation services. This integrated approach enhances client retention and operational efficiency while providing multiple touchpoints for revenue generation.
Operational excellence is evidenced by consistent month-over-month growth exceeding 5% and established management teams that handle day-to-day operations. The current ownership structure requires minimal hands-on involvement, limited to financial oversight and weekly management meetings, indicating mature operational systems and capable leadership infrastructure.
Recent strategic initiatives have expanded the geographic footprint, with home care services successfully launched in an adjacent state showing positive census growth. The NEMT division has diversified service offerings beyond traditional umbrella operations, demonstrating rapid expansion capabilities. The transportation operation maintains both para-transit and group licenses, providing operational flexibility and market positioning advantages.
The acquisition structure includes comprehensive due diligence support with confidential information memorandum and data room access for qualified buyers. The transaction follows a structured two-stage process with initial indications of interest due September 19th, 2025, followed by letter of intent submissions for selected participants. Real estate assets are excluded from the transaction, though long-term leaseback arrangements are available to ensure operational continuity.
The business model demonstrates strong fundamentals with Medicaid and waiver program reimbursements providing stable revenue streams. The synergistic relationship between services creates significant value, with over 60% of the client base utilizing both home care and transportation services. This integrated approach enhances client retention and operational efficiency while providing multiple touchpoints for revenue generation.
Operational excellence is evidenced by consistent month-over-month growth exceeding 5% and established management teams that handle day-to-day operations. The current ownership structure requires minimal hands-on involvement, limited to financial oversight and weekly management meetings, indicating mature operational systems and capable leadership infrastructure.
Recent strategic initiatives have expanded the geographic footprint, with home care services successfully launched in an adjacent state showing positive census growth. The NEMT division has diversified service offerings beyond traditional umbrella operations, demonstrating rapid expansion capabilities. The transportation operation maintains both para-transit and group licenses, providing operational flexibility and market positioning advantages.
The acquisition structure includes comprehensive due diligence support with confidential information memorandum and data room access for qualified buyers. The transaction follows a structured two-stage process with initial indications of interest due September 19th, 2025, followed by letter of intent submissions for selected participants. Real estate assets are excluded from the transaction, though long-term leaseback arrangements are available to ensure operational continuity.
About the Business
- Years in Operation
- 7
- Facilities & Assets
- Multiple Locations of Home Care and Long-Term Office Leasebacks.
Multiple Locations of NEMT and Fleet of 45 vehicles. - Market Outlook / Competition
- Well established in their markets and great brand recognition and loyal clientele.
- Opportunities for Growth
- Can be expanded further in primary state, adding additional counties for service.
About the Sale
- Seller Motivation
- Owners are asset heavy and in their 70's. Beginning to divest some assets.
- Transition Support
- Transition Period post transaction
On-going relationship and synergies with other non-conflicting Healthcare assets the owners will continue to operate. - Financing Options
- No Financing Offered.
Listing Info
- ID
- 2409786
- Listing Views
- 264
Listing ID: 2409786 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.