DALLAS—Havencrest Capital Management (Havencrest), a Dallas-based health care private equity firm, announced the second acquisition under its Avid Health at Home (Avid) platform: Well Care Home Care (WCHC), the home care division of North Carolina-based Well Care Health.
"With its strong reputation for exceptional care, WCHC is a natural fit for the Avid platform, and we are eager to continue providing communities and patients throughout North Carolina with personalized and timely services," said CEO Jen Lentz.
As a provider of patient-centric homecare in the state, WCHC has offices in five cities and 23 counties and is led by a team of professionals. WCHC will serve as Avid's flagship operation in the North Carolina market as Avid looks to expand further in the southeastern United States.
"We are very excited about the continued growth of Avid," said Christopher W. Kersey, M.D., M.B.A., founding managing partner of Havencrest. "Through its partnership with WCHC, Avid will be able to provide its innovative approach to care in new geographies."
