Pittsburgh, PA – January 21, 2021 – 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 Private Duty Nursing (“PDN”) and Pediatric services in the home health care space, has acquired the business of Ivy Lane Pediatrics (“Ivy Lane”). Headquartered in Ogden, Utah, Ivy Lane is a full-service pediatric home healthcare provider offering 24-hour private duty nursing, respite care services, and school nursing for children. Established in 2006, Ivy Lane focuses entirely on the specialized and compassionate needs of the pediatric population. In addition to Ogden, the company has offices in Logan and Salt Lake City.
Ivy Lane is the second acquisition for Amazing Care and supports the company’s growth strategy of expanding beyond the Denver, CO area. Along with the recent acquisition of Lakeway Home Health in Temple, Texas, the addition of Ivy Lane positions Amazing Care as one of the largest pediatric nursing providers in the U.S. The Ivy Lane acquisition is a great add-on opportunity for Amazing Care, given their focus on PDN care, patient-driven culture, strong management team, and attractive growth potential in the Utah market.
The newly merged company will be led by Arthur Lowry, founder and CEO of Amazing Care. The veteran management teams at Amazing Care and Ivy Lane, with over 40 years of collective experience, will support the growth and profitability of the combined company. Providing compassionate care and quality service to pediatric clients and their families will continue to be the primary focus of every individual within the combined organization.
“Amazing Care is excited to add Ivy Lane Pediatrics to our portfolio of patient-focused companies. Like Amazing Care, Ivy Lane has built their care model with an emphasis on employee satisfaction and patient outcomes. Together our mission will be “Letting Compassion and Quality of Service Lead the Way””, said Arthur Lowry, CEO of Amazing Care.
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 our founding in 2005, we have built expertise in acquiring family-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.
McGuireWoods LLP served as legal counsel to 3 Rivers Capital.
FOR FURTHER INFORMATION CONTACT:
Robert Carskadden (Carskadden@3riverscap.com)