Our Verticals

Home Health

Home Health in this country is a dynamic, growing space with tremendous opportunity for standardization and enhanced care. Skilled home healthcare is a $110 billion market projected to grow at a rate of 5.1% and driven by strong tailwinds from an aging U.S. population and a rise in chronic conditions. Despite its substantial size, the market remains highly fragmented, with the top five providers holding just 9% share.

By the numbers:

We aim to establish a consolidation platform, LiveWell, designed to bring together Home Health providers, creating scale to not only drive organic growth but to also foster operational efficiencies that truly heightens both customer experience and investor ROI.

MedSpa

Tremendous consumer tailwinds will continue to support growth in the MedSpa space with an opportunity to improve branding and full-service treatment options. The aesthetics industry, currently valued at $16.3 billion, is forecasted to double to $32 billion in the next five years, boasting an impressive 8-14% Compound Annual Growth Rate (CAGR). This robust growth is fueled by increasing interest from Millennials and constant advancements in services and technology. The market is largely fragmented with over 8,000 smaller businesses, 80% of which are single-location spas, and it's growing at an annual rate of 11.9%. Each of these single-location outlets generates annual revenue of $1-$2 million and enjoys healthy EBITDA margins.

By the numbers:

Our consolidation strategy allows us to leverage scale across customer acquisitions, team training, talent acquisition, procurement, deployment of technology, and expanded service offerings.

Pet Services

People love their pets, and the business landscape reflects that. The pet services industry - encompassing boarding, grooming, daycare, pet sitting, and training - has been growing at a 6% annual rate over the past decade and is expected to expand by $700M in the next five years, reaching $11.6 billion. This growth is propelled by increasing pet ownership and a trend towards treating pets more like family members, leading to a nearly 70% rise in annual pet spending since 2013. We're particularly interested in acquiring businesses that have a proven annual revenue exceeding $1M and have locations in the Midwest or Southeast U.S. These businesses should offer boarding, daycare, and grooming services and have EBITDA margins between 20-30%.

By the numbers:

This represents a significant opportunity in a highly fragmented market where no single entity holds more than a 5% share. The industry, which consists of over 150,000 boarding and daycare locations across the U.S., lacks standardization in terms of product offerings, pricing, technology, labor, and service levels. Among these, approximately 8,000 independent, multi-service establishments could be potential acquisitions. The aim is to consolidate the mid to upper tier of these boarding, daycare, and grooming facilities, bringing standardization and scale to this diverse and growing sector.