Pittsburgh, PA – December 15, 2020: 3 Rivers Capital, LLC (“3RC”) is pleased to announce that its portfolio company, Amazing Care Home Health Services, Inc. (“Amazing Care”), a leading provider of PDN and Pediatric services in the home health care space, has acquired the business of Lakeway Home Health (“LHH”). Headquartered in Temple, Texas, LHH is a skilled home health care company that offers compassionate care services for critically ill pediatric clients. Since 1997, LHH has been recognized as one of the most respected providers of home health care services in Temple, Austin, Waco and surrounding areas.
LHH is an attractive first acquisition for Amazing Care to expand beyond its existing regional space in the Denver, CO area. Texas is the second most populous state in the U.S, with an estimated 26% of the population under the age of 18. Texas is also the fourth youngest state in the U.S., making it one of the largest addressable markets for pediatric PDN services outside of California.
The newly merged company will be led by Arthur Lowry, founder and CEO of Amazing Care. The veteran management teams at Amazing Care and LHH, with over 36 years of collective experience, will support the growth and profitability of the combined company. Providing compassionate care and quality of service to clients will continue to be the primary focus of every individual within the combined organization.
“Amazing Care is excited to work with the incredible team at Lakeway Home Health in Temple, Texas. Their patient-focused culture will fit perfectly with our mission of“Letting Compassion and Quality of Service Lead the Way”, said Arthur Lowry, CEO of Amazing Care.
McGuireWoods LLP served as legal counsel to 3 Rivers Capital.
About 3 Rivers Capital
3 Rivers Capital is a private equity firm focused on control acquisitions of small businesses with EBITDA between $4-10M.
Since its founding in 2005, 3 Rivers has built expertise in acquiring family and entrepreneur-owned businesses that present a clear and compelling opportunity to create significant value. 3 Rivers Capital adds value through active ownership and supportive partnerships with highly motivated management teams.