Stoneridge Partners is a healthcare M&A advisory firm and home care business broker specializing in confidential home care mergers and acquisitions nationwide. Whether you’re preparing to sell your home care business, acquire an established agency, or understand what your company is worth, our advisors guide buyers and sellers through every stage of the transaction.
Our leadership team helped build and operate one of the largest non-skilled home care companies in the country, and we have closed hundreds of private pay and Medicaid home care transactions across the United States.
What is Home Care?
Home care is non-medical, in-home support that helps older adults and people with disabilities live independently. Caregivers assist with activities of daily living such as bathing, dressing, meal preparation, medication reminders, mobility, companionship, and light housekeeping. Home care is also called personal care, private duty care, or non-medical home care.
Home care agencies are paid primarily through private pay, Medicaid waiver and personal care programs, long-term care insurance, and Veterans Affairs programs, rather than Medicare.
Home Care Organizations We Serve
Stoneridge Partners advises owners and buyers across the non-medical home care industry, including:
Private Pay Home Care Agencies
Medicaid Personal Care & Waiver Providers
Home Care Franchise Owners
Companion & Homemaker Services
VA Community Care Providers
Multi-Location & Multi-State Home Care Companies
Hybrid Home Care & Home Health Organizations
Consumer-Directed Care Programs
Why Home Care Owners Choose Stoneridge Partners
Whether you’re planning retirement, preparing for succession, wondering what your agency is worth, or looking for a home care business broker who understands your market, our advisors can help you confidentially evaluate your options.
Home Care FAQs
In an asset sale, the buyer purchases specific assets of the business; in a stock sale, the buyer purchases the ownership of the company itself. The structure affects taxes, liabilities, and how licenses transfer, so review it with your attorney and accountant.
It depends on the business. Medicare-certified home health agencies and hospices typically require a Medicare change of ownership filing, and most states require licensing approvals or notifications. Your attorneys handle these filings, and we help coordinate timing.
The buyer verifies the information you’ve provided, including financials, clinical operations, compliance, contracts, and legal records. A well-organized data room and complete documentation are the best ways to keep diligence on schedule.
A letter of intent (LOI) is a written offer that outlines the price, deal structure, and key terms of a proposed acquisition. Signing one usually starts an exclusivity period of 90–120 days while the buyer completes due diligence.
Yes, and you should. Buyers watch performance throughout the process, so steady results protect your value. We handle buyer outreach, questions, and coordination so you can stay focused on operations.
Not unless you choose to tell them. We market your business through a blind listing and share identifying details only with qualified buyers who have signed an NDA, so you control when staff, clients, and referral partners learn about the sale.
Stoneridge Partners charges no upfront fees.
Most healthcare transactions take six to nine months from first consultation to closing. Due diligence alone usually takes 90–120 days, and regulatory approvals can add time depending on your state and license type.
Selling a home care business typically follows six steps:
- Get a confidential valuation.
- Prepare financial, payer, and caregiver data.
- Confidentially market the business to qualified buyers.
- Negotiate offers and a letter of intent.
- Complete due diligence, including licensing and Medicaid reviews.
- Close the transaction and transition ownership.
Working with an experienced home care M&A advisor helps you position the business correctly, protect confidentiality, and reach terms that match your financial goals and timeline. See our process for details.
Yes. Stoneridge Partners works with qualified buyers entering the home care market or expanding an existing platform. Our advisors help identify opportunities, many of which are not publicly marketed, and guide valuation, negotiation, due diligence, and closing.
Most home care transactions take several months from initial planning to closing. Timing depends on financial readiness, buyer demand, due diligence, and any state licensing or change-of-ownership requirements. Preparing financial and operational records in advance usually shortens the process.
The right time depends on your personal goals as much as on market conditions. Many owners start planning one to three years before a sale, which gives them time to understand their value, strengthen the business, and choose their timing rather than react to change. Our monthly Post-Acute & Home-Based Care Index tracks current market conditions.
Yes. Your agency’s identity is shared only with qualified buyers who have signed confidentiality agreements. Protecting confidentiality keeps caregivers, clients, and referral partners stable while you continue running the business.
Yes. Selling a home care franchise is common, but it usually requires franchisor approval of the buyer and may involve transfer fees or other conditions in your franchise agreement. Reviewing those terms early helps avoid delays once you have an interested buyer.
Yes. Payer mix is one of the biggest drivers of buyer interest and deal structure. Private pay and Medicaid agencies attract different buyers and carry different risks around reimbursement rates, state policy, and margins. We have closed transactions in both models and can help you understand how your mix affects value.
A home care company’s value is usually based on a multiple of its EBITDA, adjusted for the risk and growth profile of the business. Buyers commonly evaluate:
- EBITDA and revenue trends
- Payer mix (private pay vs. Medicaid vs. VA)
- Weekly billable hours and client census
- Caregiver recruiting and retention
- Client and referral source concentration
- State regulatory and Medicaid reimbursement environment
- Management depth and owner involvement
- Compliance, including electronic visit verification (EVV) for Medicaid services
Read more in What Is My Home Care Company Worth? 5 Factors That Drive Its Value, or use our EBITDA worksheet.
Home care buyers typically include:
- Regional and national home care operators
- Private equity-backed home care platforms
- Home health and hospice providers adding non-medical services
- Franchise systems and multi-unit franchisees
- Health systems and senior living operators
- Independent investors and family offices
Each buyer has different goals, so identifying the ones that fit your priorities and culture is a key part of the process.
A specialized home care business broker understands the factors buyers scrutinize, such as payer mix, caregiver retention, state licensing, and Medicaid rules, that general business brokers rarely handle. That expertise, combined with relationships with qualified healthcare buyers, helps owners protect confidentiality, position the business accurately, and maximize value.
Featured Insights
Stoneridge Partners gives you the latest news and updates for market developments, financial indicators, and other indicators that give our clients an edge.
What Is My Home Care Company Worth? 5 Factors That Drive Its Value
If you own a home care company and have considered selling, you've probably wondered: What is my business worth? The answer isn't always straightforward. Two home care companies with similar revenue and profitability can command very different valua [...]
The National Post-Acute & Home-Based Care Index | 2026 SEPTEMBER UPDATE
Introduction In September, the National Post-Acute and Home-Based Care (PAHC) Index fell 2.34% month-over-month (MoM) versus its August 31 close. Meanwhile, the S&P 500 slipped 0.33% MoM but remains up 11.96% year-to-date (YTD). During the week [...]
The National Post-Acute & Home-Based Care Index | 2026 AUGUST UPDATE
Introduction In August, the National Post-Acute and Home-Based Care (PAHC) Index fell 1.86% month-over-month (MoM) versus its July 31 close. Meanwhile, the S&P 500 rose 2.67% MoM and remains up 12.33% year-to-date (YTD). On August 3, Rep. Debbie [...]