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CareFinders Total Care Completes Acquisition of Sovereign Home Health of Connecticut

16 Aug 17

CareFinders Total Care LLC ("CareFinders"), a leading home healthcare company based in New Jersey, announced that it has completed the acquisition of Sovereign Home Health of Connecticut, LLC ("Sovereign"). Based in Norwalk, Connecticut, Sovereign provides personal care and companion services to its clients in their homes and other facilities. CareFinders, based in Hasbrouck Heights, New Jersey, also provides non-skilled home care services to more than 8000 patients throughout New Jersey with 16 offices in the state.

"The completion of this transaction provides CareFinders with a great platform for growth in the state of Connecticut and creates a strong initial presence for the Company outside of New Jersey," said Kevin Rogers, Chief Executive Officer of CareFinders. "Sovereign has grown rapidly in the counties it services and we are excited to expand its services throughout the whole state of Connecticut," said Sanford Hausner, Co Chairman of CareFinders. "We are entering this important market with a well-respected home care provider that has created an impressive record of success."

"This transaction is consistent with our growth strategy to expand and diversify our business through acquisitions, as well as organic growth, and is representative of the opportunities we see in other states in the Northeast and around the country," said Linda Mintz, Co Chairman of CareFinders. "We believe the acquisition of Sovereign is the right next step in our growth trajectory to expand throughout the Northeast."

"It is with great pleasure that we welcome Sovereign's home health patients and employees into our CareFinders' family," said Rogers. "We take our commitment to caregiving very seriously, and look forward to making an even greater impact on the lives of patients that we serve as we move forward in our partnership with Sovereign in the state of Connecticut."

"The Sovereign team is excited and proud to become part of this great organization," said Syd Kain, Founder and President of Sovereign. "It is clear that the goals and values of CareFinders are consistent with those of our team, and that the already high quality of care provided to our clients will continue to increase as we transition into the CareFinders family."

"Our mission as a Total Care company is to provide increasingly expanded state-wide coverage, superior technology, the highest standards of clinical expertise, and best-in-class trained and trusted caregivers throughout the state of Connecticut," said Hausner.

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